Performance-Linked Bonuses for Directors Based on Net Income
First written in FY2020. 1 of 2 entries say "Reframed", first in FY2024. Latest entry: FY2024.
Nagaoka International moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
13 other companies' latest entry also says "Reframed".
- FY2024ReframedAnnual report
「The performance-linked bonus metric is based on net income attributable to owners of the parent, and bonuses are paid after the end of the fiscal year based on the degree of achievement of the target and other factors.」
The previous explanation of performance-linked bonuses based on net income has been specified as a metric based on net income attributable to owners of the parent. - FY2020First statedAnnual report
「The remuneration of our directors, excluding directors who are Audit and Supervisory Committee members, consists of fixed remuneration, performance-linked bonuses and share-based remuneration. ... The performance-linked bonus metric is based on net income, and bonuses are paid after the end of the fiscal year based on the degree of achievement of the target and other factors.」
The composition of executive remuneration, comprising fixed remuneration, performance-linked bonuses and share-based remuneration, as well as the bonus calculation policy based on the degree of achievement of the net income target and other factors, has been specified.