Introduction of Performance-Linked Compensation and Individual Performance Bonuses
First written in FY2018. 1 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2024.
Osg moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2020: 5 of 25 companies on the "Worse" side.
3 other companies' latest entry also says "Softened".
- FY2024SoftenedAnnual report
「Metric Consolidated operating income Target ¥23,000 million Actual ¥18,868 million」
The consolidated operating income target for performance-linked compensation was ¥23,000 million, while the actual result was ¥18,868 million, down from the previously disclosed target of ¥24,000 million. - FY2023RaisedAnnual report
「Metric Consolidated operating income Target ¥24,000 million Actual ¥19,800 million」
The consolidated operating income target for performance-linked compensation was set at ¥24,000 million, up from the previously disclosed target of ¥11,500 million. Actual operating income for the period was ¥19,800 million. - FY2021AdvancedAnnual report
「Metric Consolidated operating income Target ¥11,500 million Actual ¥16,105 million」
For consolidated operating income, the metric used for performance-linked compensation, the Company disclosed an actual result of ¥16,105 million against a target of ¥11,500 million. - FY2018First statedAnnual report
「Beginning with the fiscal year ending November 2019, we will pay performance-linked bonuses and individual performance bonuses qualifying as profit-linked compensation prescribed in Article 34, Paragraph 1, Item 3 of the Corporation Tax Act. Performance-linked bonus payment = consolidated operating income before accounting for performance-linked compensation as a deductible expense (*) × bonus standard coefficient by position (Table 1). The confirmed amount prescribed in Article 34, Paragraph 1, Item 3(a)(1) of the Corporation Tax Act concerning the payment limit for performance-linked bonuses is capped at ¥700 million.」
The Company has stated its policy of introducing, from the fiscal year ending November 2019, performance-linked bonuses and individual performance bonuses linked to consolidated operating income and position-specific coefficients. The coefficients are 0.405% for the Representative Director and President, 0.183% for the Senior Managing Executive Officer and 0.162% for the Managing Executive Officer.