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Toyo Drilube (4976) · PolicyRestated

Performance-Linked Director Compensation and Operating Profit KPI

First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2025.

3entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2022 – FY20252022: 120222023: 120232024: 020242025: 12025
Same theme, other companies
Performance Targets as Conditions for Payment of Performance-Linked CompensationA theme 84 companies write about · 3 as a headwind · 71 as a tailwind

The whole theme swung hardest in 2020: 4 of 31 companies on the "Worse" side.

17 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 84 companies compared. The sentences above are computed from all 84.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「Performance-linked compensation and other compensation is paid in cash, incorporating performance indicators (KPIs) to raise awareness of improving performance in each fiscal year. The amount is calculated according to the degree of achievement of the consolidated operating profit target for each fiscal year and paid monthly.」

    The policy of reflecting the degree of achievement of the consolidated operating profit target in performance-linked compensation as a KPI continues.
  2. FY2023RestatedAnnual report

    「Performance-linked compensation and other compensation is paid in cash, incorporating performance indicators (KPIs) to raise awareness of improving performance in each fiscal year. The amount is calculated according to the degree of achievement of the consolidated operating profit target for each fiscal year and paid monthly.」

    The policy of reflecting the degree of achievement of the consolidated operating profit target in performance-linked compensation as a KPI continues. During the current fiscal year, a total of ¥8,310 thousand was paid to directors and others as performance-linked compensation.
  3. FY2022First statedAnnual report

    「Performance-linked compensation and other compensation is paid in cash, incorporating performance indicators (KPIs) to raise awareness of improving performance in each fiscal year. The amount is calculated according to the degree of achievement of the consolidated operating profit target for each fiscal year and paid monthly.」

    For director compensation, this is the first disclosure of a policy to reflect the degree of achievement of the consolidated operating profit target in performance-linked compensation as a KPI. The target is set when the plan is formulated so that it is consistent with the medium-term management plan, and is to be reviewed in response to changes in the operating environment.
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Performance-Linked Director Compensation and Operating Profit KPI | TOYO DRILUBE CO.,LTD. (4976) | Komori