Performance-Linked Executive Bonuses Based on Consolidated Operating Profit
First written in FY2019. 3 of 7 entries say "Softened", first in FY2020. Latest entry: FY2025.
Chuo Spring moved to the "Worse" side of this theme in 2020, 4 years before the typical company in this theme (2024).
The whole theme swung hardest in 2020: 5 of 26 companies on the "Worse" side.
2 other companies' latest entry also says "Raised".
- FY2025RaisedAnnual report
「The target for the metric used in calculating directors' bonuses for the fiscal year was ¥3,300 million, while the actual result was ¥4,384 million.」
For directors' bonuses based on consolidated operating profit, the target was raised from ¥800 million in the previous fiscal year to ¥3.3 billion, while the actual result was ¥4.384 billion. - FY2024RaisedAnnual report
「Performance-linked compensation and other compensation consist of cash compensation reflecting key performance indicators (KPIs) intended to raise awareness of improving performance in each fiscal year. Bonuses are paid annually at a specified time based on the amount calculated according to the degree of achievement against the consolidated operating profit target for each fiscal year. The target for the metric used in calculating directors' bonuses for the fiscal year was ¥800 million, while the actual result was ¥1,073 million.」
For directors' bonuses based on consolidated operating profit, the target was raised from ¥750 million in the previous fiscal year to ¥800 million, while the actual result was ¥1.073 billion. - FY2023SoftenedAnnual report
「The target for the metric used in calculating directors' bonuses for the fiscal year was ¥750 million, while the actual result was ¥354 million.」
The system using consolidated operating profit as the metric for performance-linked compensation remains in place, but the target fell from ¥1.7 billion in the previous fiscal year to ¥750 million, while the actual result was ¥354 million. - FY2022RaisedAnnual report
「Performance-linked compensation and other compensation consist of cash compensation reflecting key performance indicators (KPIs) intended to raise awareness of improving performance in each fiscal year. Bonuses are paid annually at a specified time based on the amount calculated according to the degree of achievement against the consolidated operating profit target for each fiscal year. The target for the metric used in calculating directors' bonuses for the fiscal year was ¥1,700 million, while the actual result was ¥1,826 million.」
The target for performance-linked directors' bonuses based on consolidated operating profit was ¥1.7 billion, up from ¥1 billion in the previous fiscal year. The actual result was ¥1.826 billion, exceeding the target. - FY2021SoftenedAnnual report
「The target for the metric used in calculating directors' bonuses for the fiscal year was ¥1,000 million, while the actual result was ¥1,260 million.」
The target for consolidated operating profit, the metric for performance-linked directors' bonuses, fell from ¥2.7 billion in the previous fiscal year to ¥1 billion, while the actual result was ¥1.26 billion. The system using consolidated operating profit as the metric remains in place. - FY2020SoftenedAnnual report
「The target for the metric used in calculating directors' bonuses for the fiscal year was ¥2,700 million, while the actual result was ¥2,692 million.」
The consolidated operating profit target for directors' bonuses fell from ¥3.2 billion in the previous fiscal year to ¥2.7 billion, while the actual result was ¥2.692 billion. The system using consolidated operating profit as the metric remains in place. - FY2019First statedAnnual report
「The metric used for directors' bonuses is consolidated operating profit for the current fiscal year. This metric was selected because the company believes that bonuses should reflect performance in its core business. In calculating directors' bonuses, the company also makes a comprehensive assessment based on factors including increases or decreases from the previous fiscal year's results. The target for the metric used in calculating directors' bonuses for the fiscal year was ¥3,200 million, while the actual result was ¥2,228 million.」
The company uses consolidated operating profit as the performance-linked metric for directors' bonuses, disclosing a target of ¥3.2 billion and an actual result of ¥2.228 billion for the fiscal year.