Performance-linked bonuses tied to consolidated operating profit are in operation
First written in FY2021. 3 of 6 entries say "Raised", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2020: 5 of 27 companies on the "Worse" side.
4 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「Performance-linked coefficient = Consolidated operating profit (actual) / Consolidated operating profit (target) Fiscal year ending March 2026 Consolidated operating profit ¥1,650 million ¥1,630 million 98.8% Fiscal year ending March 2027 Consolidated operating profit ¥1,635 million — 50–200%」
For the fiscal year ending March 2026, operating profit fell short of the ¥1,650 million target, resulting in a performance-linked coefficient of 98.8%. The target for the following fiscal year was ¥1,635 million, ¥15 million below the previous year's target. - 2026-05-27OtherGeneral Meetings of Shareholders
「Fiscal year ended March 2026 Consolidated operating profit ¥1,650 million ¥1,630 million 98.8%」
Consolidated operating profit was below the target of ¥1,650 million, resulting in a performance-linked coefficient of 98.8%. - FY2025RaisedAnnual report
「Fiscal year ending March 2025 Consolidated operating profit ¥1,600 million ¥1,603 million 100.2% Fiscal year ending March 2026 Consolidated operating profit ¥1,650 million — 50–200%」
For the fiscal year ending March 2025, operating profit of ¥1,603 million met the ¥1,600 million target, resulting in a performance-linked coefficient of 100.2%. The target for the fiscal year ending March 2026 was raised to ¥1,650 million. - FY2024RaisedAnnual report
「Target performance-linked metric Target metric Target Actual Performance-linked coefficient Fiscal year ending March 2024 Consolidated operating profit ¥1,150 million ¥1,582 million 137.6% Fiscal year ending March 2025 Consolidated operating profit ¥1,600 million — 50–200%」
For the fiscal year ending March 2024, consolidated operating profit of ¥1,582 million exceeded the ¥1,150 million target, resulting in a performance-linked coefficient of 137.6%. The target for the fiscal year ending March 2025 was raised to ¥1,600 million. - FY2022RaisedAnnual report
「Target performance-linked metric Target metric Target Actual Performance-linked coefficient Fiscal year ending March 2022 Consolidated operating profit ¥860 million ¥1,217 million 142% Fiscal year ending March 2023 Consolidated operating profit ¥1,210 million — 50–200%」
For the fiscal year ending March 2022, consolidated operating profit of ¥1,217 million exceeded the ¥860 million target, resulting in a performance-linked coefficient of 142%. The target for the following fiscal year was raised to ¥1,210 million. - FY2021First statedAnnual report
「The performance-based bonus uses consolidated operating profit disclosed each fiscal year as the performance metric to enhance the objectivity and transparency of compensation. The amount varies from 50% to 200% according to the level of achievement, with the standard amount upon achievement of the target set at 100.」
Disclosed for the first time in specific terms a bonus system using consolidated operating profit as the performance metric, with the payout varying from 50% to 200% according to the level of achievement. For the fiscal year ending March 2021, the target was ¥700 million and actual operating profit was ¥841 million; the target for the fiscal year ending March 2022 was ¥860 million.