Performance-linked executive compensation reflecting operating profit margin
First written in FY2021. 3 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2020: 4 of 32 companies on the "Worse" side.
19 other companies' latest entry also says "Other".
- FY2026Actual performance-linked compensation below targetAnnual report
「This is determined by taking comprehensive account of the operating profit margin, which reflects the results of corporate activities, as well as the operating environment and other factors. The target and actual results for the performance-linked compensation indicators for bonuses covering the current fiscal year are as follows. Consolidated operating profit margin 35% 33.5%」
The company continued its system of using the operating profit margin as a factor in calculating performance-linked compensation. For the current fiscal year, the actual result was 33.5% against a target of 35%, and performance-linked compensation of ¥190 million was disclosed. - FY2025AdvancedAnnual report
「This is determined by taking comprehensive account of the operating profit margin, which reflects the results of corporate activities, as well as the operating environment and other factors. The target and actual results for the performance-linked compensation indicators for bonuses covering the current fiscal year are as follows. Consolidated operating profit margin 35% 37.5%」
The company continued its system of using the operating profit margin as a factor in calculating performance-linked compensation. For the current fiscal year, the actual result was 37.5% against a target of 35%, and performance-linked compensation of ¥151 million was disclosed. - FY2024Disclosure of performance-linked compensation targets and resultsAnnual report
「This is determined by taking comprehensive account of the operating profit margin, which reflects the results of corporate activities, as well as the operating environment and other factors. The target and actual results for the performance-linked compensation indicators for bonuses covering the current fiscal year are as follows. Consolidated operating profit margin 35% 32.2%」
The company disclosed a target consolidated operating profit margin of 35% and an actual result of 32.2% for the current fiscal year in relation to performance-linked compensation reflecting the operating profit margin and other factors. Performance-linked compensation was ¥151 million. - FY2023AdvancedAnnual report
「Directors (excluding Audit & Supervisory Committee members and outside directors) ¥270 million; fixed compensation ¥139 million; performance-linked compensation ¥131 million」
The company recorded ¥131 million in performance-linked compensation reflecting the operating profit margin and other factors for the current fiscal year, up from ¥65 million in the previous fiscal year. - FY2022AdvancedAnnual report
「Directors (excluding Audit & Supervisory Committee members and outside directors) ¥171 million; fixed compensation ¥106 million; performance-linked compensation ¥65 million」
The company disclosed that ¥65 million in performance-linked compensation reflecting the operating profit margin and other factors was recorded for the current fiscal year. - FY2021First statedAnnual report
「Performance-linked compensation is determined by taking comprehensive account of the operating profit margin, which reflects the results of corporate activities, as well as the operating environment and other factors. For performance-linked compensation, the allocation is determined using the rate applicable to each operating profit margin, as approved in advance by the Board of Directors.」
The company has described for the first time a system in which the operating profit margin is used to calculate performance-linked compensation and compensation is allocated using a rate applicable to each operating profit margin.