Performance-Linked Compensation Using Profit Before Income Taxes as a KPI
First written in FY2021. 1 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2024.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
46 other companies' latest entry also says "Other".
- FY2024No performance-linked compensation paid due to a lossAnnual report
「Consolidated profit before income taxes for the fiscal year was a loss of ¥535.717 million, compared with the initial plan of ¥633.878 million. Accordingly, no performance-linked compensation was paid for the fiscal year.」
For performance-linked compensation using profit before income taxes as the KPI, actual results were a loss of ¥535.717 million against the plan of ¥633.878 million, and no payment was made. - FY2023AdvancedAnnual report
「Consolidated profit before income taxes for the fiscal year was ¥710.056 million, compared with the initial plan of ¥600.029 million.」
For performance-linked compensation using profit before income taxes as the KPI, actual profit was ¥710.056 million, compared with the initial plan of ¥600.029 million. - FY2021First statedAnnual report
「Performance-linked compensation is paid in cash based on performance indicators (KPIs) to raise awareness of improving performance in each fiscal year. The amount calculated according to consolidated profit before income taxes for each fiscal year is paid annually as a bonus at a specified time.」
The company has disclosed a policy of calculating directors’ bonuses based on consolidated profit before income taxes as the KPI for performance-linked compensation.