Performance-Linked Executive Bonuses Based on Operating Profit
First written in FY2019. 4 of 9 entries say "Advanced", first in FY2020. Latest entry: FY2026.
Tokyo Automatic Machinery Works moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2018: 3 of 6 companies on the "Worse" side.
6 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「The target operating profit for the fiscal year was ¥400 million, while actual operating profit was ¥669 million.」
The operating profit target for the performance-linked bonus fell from ¥850 million in the previous year to ¥400 million. Actual operating profit was ¥669 million, exceeding the target. - 2026-06-03OtherGeneral Meetings of Shareholders
「事業年度ごとの業績向上に対する意識を高めるため、業績指標を反映した現金報酬とし、各事業年度の営業利益に応じて算出された額を業績連動賞与として、毎年一定の時期に支給することとしております。」
営業利益を指標とする業績連動賞与の算定・支給方法を再確認している。 - FY2025SoftenedAnnual report
「The target operating profit for the fiscal year was ¥850 million, while actual operating profit was ¥1,564 million.」
The operating profit target was lowered from ¥950 million in the previous year to ¥850 million, while actual operating profit was ¥1,564 million, exceeding the target. - FY2024RaisedAnnual report
「The target operating profit for the fiscal year was ¥950 million, while actual operating profit was ¥1,388 million.」
For the performance-linked bonus using operating profit as the metric, the target was raised from ¥550 million in the previous year to ¥950 million, while actual operating profit was ¥1,388 million. - FY2023AdvancedAnnual report
「The target operating profit for the fiscal year was ¥550 million, while actual operating profit was ¥985 million. The pool for performance-linked bonuses varies with changes in operating profit, and the structure assigns a higher weighting to performance-linked compensation at higher positions.」
The Company has disclosed the operating results under the performance-linked bonus system using operating profit as the metric for the year in which actual operating profit was ¥985 million against a target of ¥550 million. - FY2022AdvancedAnnual report
「The target operating profit for the fiscal year was ¥200 million, while actual operating profit was ¥386 million. The pool for performance-linked bonuses varies with changes in operating profit, and the structure assigns a higher weighting to performance-linked compensation at higher positions.」
The Company has disclosed the operating results under the performance-linked bonus system using operating profit as the metric for the year in which actual operating profit was ¥386 million against a target of ¥200 million. - FY2021AdvancedAnnual report
「The target operating profit for the fiscal year was ¥200 million, while actual operating profit was ¥620 million. The pool for performance-linked bonuses varies with changes in operating profit, but」
The Company has disclosed that, for the performance-linked bonus using operating profit as the metric, actual operating profit was ¥620 million against a target of ¥200 million and the bonus pool varies according to operating profit. - FY2020AdvancedAnnual report
「The target operating profit for the fiscal year was ¥400 million, while actual operating profit was ¥778 million, but the pool for performance-linked bonuses varies with changes in operating profit」
The Company has specifically disclosed that, for the performance-linked bonus using operating profit as the metric, actual operating profit was ¥778 million against a target of ¥400 million and the bonus pool varies according to actual results. - FY2019First statedAnnual report
「The performance-linked bonus is determined using operating profit as the metric, because this metric best reflects business performance. The amount of the performance-linked bonus is calculated for each individual by allocating a pool equal to a certain percentage of operating profit according to position and the proportion of fixed compensation,」
The Company has disclosed for the first time a performance-linked bonus system for director compensation that uses operating profit as the metric and allocates a pool calculated as a certain percentage of operating profit according to position and the proportion of fixed compensation.