Executive Compensation System Linked to Three Consolidated Performance Metrics
First written in FY2022. 3 of 4 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2020: 5 of 26 companies on the "Worse" side.
18 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Metric Target (¥ million) Actual (¥ million) Consolidated revenue 62,200 59,093 Consolidated operating income 2,800 3,962 Consolidated net income 2,070 2,616」
For executive bonuses and share-based compensation for the fiscal year ending March 2026, the company used the targets and actual results for the 3 metrics of consolidated revenue, operating income and net income in the actual calculations. - FY2025AdvancedAnnual report
「The evaluation weights for each metric and the payout rates corresponding to target achievement rates used to calculate bonuses for the fiscal year ending March 2025 are shown in the table below.」
For executive bonuses for the fiscal year ending March 2025, the company applied evaluation weights of 40% for consolidated revenue, 40% for operating income and 20% for net income, together with payout rates based on each target and actual result. - FY2023AdvancedAnnual report
「The evaluation weights for each metric and the payout rates corresponding to target achievement rates used to calculate bonuses for the fiscal year ending March 2023 are shown in the table below.」
For compensation calculations for the fiscal year ending March 2023, the company applied evaluation weights of 40% for consolidated revenue, 40% for consolidated operating income and 20% for consolidated net income, together with payout rates based on the targets and actual results for each metric. - FY2022First statedAnnual report
「Bonuses for directors, excluding directors who are Audit and Supervisory Committee members and outside directors, are calculated individually by multiplying the base amount determined according to each director's position and responsibilities by the evaluation weight assigned to each metric and the payout rate corresponding to the achievement rate against targets for the 3 metrics: consolidated revenue, consolidated operating income and consolidated net income.」
The company disclosed details of the method for calculating performance-linked director compensation using the 3 consolidated metrics of revenue, operating income and net income, together with the target achievement rate.