Performance-Linked Compensation Based on Consolidated Operating Profit
First written in FY2019. 1 of 9 entries say "Softened", first in 2026-05-27. Latest entry: FY2026.
The whole theme swung hardest in 2020: 5 of 26 companies on the "Worse" side.
15 other companies' latest entry also says "Other".
- FY2026Increased performance-linked compensation paidAnnual report
「Consolidated operating income was ¥683 million in the previous fiscal year and ¥1,195 million in the current fiscal year, and compensation was paid after comprehensively considering these operating results.」
For performance-linked compensation based on consolidated operating income, the company continued to pay compensation in the current fiscal year in light of the increase in operating income from ¥683 million to ¥1,195 million. - 2026-05-27SoftenedGovernance
「As stated in the consolidated financial results for the fiscal year ending March 2026 disclosed on 14 May 2026, our group recorded a net loss attributable to owners of the parent for the sixth consecutive fiscal year. We take this situation seriously, and to clarify management responsibility and demonstrate our firm resolve to achieve an early recovery in performance and complete the new medium-term management plan, the Board of Directors resolved today to reduce executive compensation. We hereby announce the details below.」
The company disclosed a specific resolution to reduce bonuses for directors and full-time audit & supervisory board members as performance-linked compensation equivalent to executive bonuses. - FY2025Performance-Based Compensation PaidAnnual report
「Consolidated operating income was ¥413 million in the previous fiscal year and ¥683 million in the current fiscal year, and compensation was paid accordingly. No compensation was paid in the previous fiscal year after taking into account the impact of inappropriate accounting.」
In response to the increase in consolidated operating income from ¥413 million in the previous fiscal year to ¥683 million, the company paid performance-linked compensation in the current fiscal year, whereas none had been paid in the previous fiscal year. - FY2024No performance-linked compensation paidAnnual report
「Consolidated operating income was a loss of ¥1,040 million in the previous fiscal year and ¥413 million in the current fiscal year, but no performance-linked compensation was paid for the current fiscal year after taking into account the impact of inappropriate accounting.」
Although consolidated operating income turned from a loss in the previous fiscal year to a profit, the company stated that no performance-linked compensation would be paid for the current fiscal year after taking into account the impact of inappropriate accounting. - FY2023Reduced performance-linked compensationAnnual report
「Consolidated operating income was ¥435 million in the previous fiscal year, while the current fiscal year recorded a consolidated operating loss of ¥973 million, and compensation was reduced accordingly.」
The company reduced performance-linked compensation based on consolidated operating income in response to the change from operating income of ¥435 million in the previous fiscal year to an operating loss of ¥973 million in the current fiscal year. - FY2022Increased performance-linked compensationAnnual report
「Consolidated operating income was ¥211 million in the previous fiscal year and ¥435 million in the current fiscal year, and compensation was increased accordingly.」
The company increased performance-linked compensation based on consolidated operating income in response to the increase in operating income from ¥211 million to ¥435 million. - FY2021Further reduced performance-linked compensationAnnual report
「Consolidated operating income was ¥1,301 million in the previous fiscal year and ¥181 million in the current fiscal year, and compensation was reduced accordingly.」
The company reduced performance-linked compensation based on consolidated operating income in response to the decrease in operating income from ¥1,301 million to ¥181 million. - FY2020Reduced performance-linked compensationAnnual report
「Consolidated operating income was ¥1,716 million in the previous fiscal year and ¥1,301 million in the current fiscal year, and compensation was reduced accordingly.」
Based on the policy of using consolidated operating income as the metric for performance-linked compensation, the company reduced such compensation in response to the decrease in operating income from the previous fiscal year. - FY2019First statedAnnual report
「The metric for performance-linked compensation is consolidated operating income, which was selected as an important metric contributing to the enhancement of corporate value.」
The company stated for the first time that its policy is to determine performance-linked compensation for officers by comprehensively considering the year-on-year change in consolidated operating income.