Introduction of a Performance-Linked Stock Compensation Plan
First written in FY2018. 6 of 9 entries say "Advanced", first in FY2021. Latest entry: 2026-07-31.
77 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The target for short-term performance-linked compensation for the fiscal year was consolidated ordinary profit of ¥3,731 million, compared with actual consolidated ordinary profit of ¥3,968 million. The targets serving as conditions for awarding points under the medium- to long-term performance-linked stock compensation plan were consolidated net sales of ¥35,345 million and consolidated ordinary profit of ¥3,004 million. Actual results were consolidated net sales of ¥37,658 million and consolidated ordinary profit of ¥3,968 million.」
Actual results exceeded all targets: the ordinary profit target for short-term compensation and the net sales and ordinary profit targets for medium- to long-term stock compensation. - FY2024Net sales below target; ordinary profit above targetAnnual report
「The targets serving as conditions for awarding points under the medium- to long-term performance-linked stock compensation plan were consolidated net sales of ¥33,228 million and consolidated ordinary profit of ¥2,693 million. Actual results were consolidated net sales of ¥32,867 million and consolidated ordinary profit of ¥2,951 million.」
For the metrics under the medium- to long-term stock compensation plan, consolidated net sales were ¥32,867 million against a target of ¥33,228 million, while consolidated ordinary profit was ¥2,951 million against a target of ¥2,693 million. - FY2023AdvancedAnnual report
「The target for short-term performance-linked compensation for the fiscal year was consolidated ordinary profit of ¥2,176 million, compared with actual consolidated ordinary profit of ¥2,431 million. The targets serving as conditions for awarding points under the medium- to long-term performance-linked stock compensation plan were consolidated net sales of ¥28,340 million and consolidated ordinary profit of ¥1,427 million. Actual results were consolidated net sales of ¥30,728 million and consolidated ordinary profit of ¥2,431 million.」
For short-term performance-linked compensation, actual ordinary profit exceeded the target, while under the medium- to long-term stock compensation plan, actual net sales and ordinary profit also exceeded their respective targets. - FY2022AdvancedAnnual report
「The target for short-term performance-linked compensation for the fiscal year was consolidated ordinary profit of ¥1,219 million, compared with actual consolidated ordinary profit of ¥1,841 million. The targets serving as conditions for awarding points under the medium- to long-term performance-linked stock compensation plan were consolidated net sales of ¥27,633 million and consolidated ordinary profit of ¥1,219 million. Actual results were consolidated net sales of ¥28,551 million and consolidated ordinary profit of ¥1,841 million.」
Actual ordinary profit exceeded the target for short-term performance-linked compensation, while actual net sales and ordinary profit both exceeded their targets under the medium- to long-term stock compensation plan. - FY2021AdvancedAnnual report
「The target for short-term performance-linked compensation for the fiscal year was consolidated ordinary profit of ¥462 million, compared with actual consolidated ordinary profit of ¥1,077 million. The targets serving as conditions for awarding points under the medium- to long-term performance-linked stock compensation plan were consolidated net sales of ¥25,186 million and consolidated ordinary profit of ¥582 million. Actual results were consolidated net sales of ¥25,453 million and consolidated ordinary profit of ¥1,077 million.」
For performance-linked stock compensation, the Company disclosed the current-year targets and actual results for net sales and ordinary profit, and actual results exceeded the conditions for awarding medium- to long-term compensation points for both metrics. - FY2020Disclosure of performance metrics for performance-linked stock compensationAnnual report
「The target for short-term performance-linked compensation for the fiscal year was consolidated ordinary profit of ¥1,734 million, compared with actual consolidated ordinary profit of ¥1,162 million. The targets serving as conditions for awarding points under the medium- to long-term performance-linked stock compensation plan were consolidated net sales of ¥24,266 million and consolidated ordinary profit of ¥2,181 million. Actual results were consolidated net sales of ¥24,611 million and consolidated ordinary profit of ¥1,162 million.」
The Company disclosed the short-term and medium- to long-term targets and actual results for performance-linked compensation. Consolidated net sales exceeded the medium- to long-term target, while consolidated ordinary profit fell short of the target. - FY2018First statedAnnual report
「Based on a resolution of the 43rd Annual General Meeting of Shareholders held on 28 June 2017, the Company introduced a new performance-linked stock compensation plan effective 8 February 2018 for the Company’s directors, excluding directors who are Audit and Supervisory Committee members, outside directors and non-residents of Japan, with the aim of further increasing their motivation to contribute to improved medium- to long-term performance and increased corporate value.」
The Company introduced a BIP trust for executive compensation and launched a plan to deliver shares and other benefits based on the level of achievement of targets for consolidated ordinary profit and consolidated net sales under the medium-term management plan. The contribution limit per 3-year target period is ¥120 million, and the annual limit on the number of shares is 37,500 shares.