Executive Compensation Policy Reflecting Ordinary Profit and Target Achievement
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
22 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Performance-linked compensation consists of cash compensation reflecting the performance indicator of ordinary profit and each director's target achievement, business performance and contribution, in order to raise awareness of improving performance in each fiscal year. The amount calculated based on the results for each fiscal year is paid at a fixed time each year as the performance-linked portion of monthly compensation or as a bonus.」
The company continues to apply a policy of performance-linked compensation reflecting ordinary profit and each director's target achievement and contribution to performance. Performance-linked compensation for the base year is stated to represent 30% of total compensation. - FY2022First statedAnnual report
「Performance-linked compensation consists of cash compensation reflecting the performance indicator of ordinary profit and each director's target achievement, business performance and contribution, in order to raise awareness of improving performance in each fiscal year. The amount calculated based on the results for each fiscal year is paid at a fixed time each year as the performance-linked portion of monthly compensation or as a bonus.」
The company has disclosed a policy of performance-linked compensation for directors that reflects ordinary profit and each director's target achievement and contribution to performance.