Incentives to improve performance through performance-linked executive compensation
First written in FY2019. . Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
50 other companies' latest entry also says "Other".
- FY2026Performance-linked compensation targets and results updatedAnnual report
「The target for the performance-linked compensation metric for the fiscal year was ¥250 million, while the actual result was ¥450.913 million.」
For performance-linked compensation based on net income attributable to owners of the parent, the fiscal-year target was ¥250 million and the actual result was ¥450.913 million. - FY2024Performance-linked compensation targets and results updatedAnnual report
「The performance metric used for performance-linked compensation (variable compensation) is net income attributable to owners of the parent, which succinctly represents the overall management results and management responsibility for each fiscal year. The amount calculated by executive rank according to the previous fiscal year's actual results for this income is paid in the following fiscal year. The target for the performance-linked compensation metric for the fiscal year was ¥390 million, while the actual result was ¥645.902 million.」
The Company continued its system using net income attributable to owners of the parent as the performance metric, and reported a fiscal-year target of ¥390 million and an actual result of ¥645.902 million. - FY2023Performance-linked compensation targets and results updatedAnnual report
「The target for the performance-linked compensation metric for the fiscal year was ¥270 million, while the actual result was ¥669.695 million.」
For performance-linked compensation based on net income attributable to owners of the parent, the fiscal-year target was ¥270 million and the actual result was ¥669.695 million. - FY2022The target and actual results for the performance metric were updated.Annual report
「The target for the performance-linked compensation metric for the fiscal year was a loss of ¥30 million, while the actual result was ¥112.754 million.」
For performance-linked compensation based on net income attributable to owners of the parent, the fiscal-year target was a loss of ¥30 million and the actual result was ¥112.754 million. - FY2020The target and actual results for the performance metric were updated.Annual report
「The performance metric used for performance-linked compensation is net income attributable to owners of the parent, which was adopted as a metric that succinctly represents the overall management results and management responsibility for the fiscal year. The target for the performance-linked compensation metric for the fiscal year was ¥390 million, while the actual result was ¥158.469 million.」
The performance metric for performance-linked executive compensation was retained, with a fiscal-year target of ¥390 million and an actual result of ¥158.469 million reported. - FY2019First statedAnnual report
「The Company has adopted performance-linked compensation as an incentive for directors, excluding audit & supervisory board members and outside officers, to improve performance and expand the business. The performance metric used for performance-linked compensation is net income attributable to owners of the parent. This metric was adopted because it succinctly represents the ultimate management results and management responsibility for the fiscal year, including extraordinary gains and losses. The target for the performance-linked compensation metric for the fiscal year was ¥350 million, while the actual result was ¥420.839 million.」
For executive compensation, the Company adopted performance-linked compensation based on net income attributable to owners of the parent as the performance metric, and reported a fiscal-year target of ¥350 million and an actual result of ¥420.839 million.