Executive compensation linked to the consolidated operating profit KPI and the Outside Officer Advisory Committee
First written in FY2021. 5 of 8 entries say "Advanced", first in FY2024-Q1. Latest entry: 2026-07-24.
The whole theme swung hardest in 2020: 5 of 26 companies on the "Worse" side.
2 other companies' latest entry also says "Achieved".
- FY2026AdvancedAnnual report
「As consolidated operating profit for the current fiscal year was ¥14,700 million against the initial target of ¥11,600 million, the company will pay the amount calculated using a KPI achievement rate of 126%.」
For executive bonuses linked to the consolidated operating profit KPI, the payment amount was calculated based on actual operating profit of ¥14,700 million against the initial target of ¥11,600 million, representing a KPI achievement rate of 126%. - FY2025AdvancedAnnual report
「As consolidated operating profit for the current fiscal year was ¥10,800 million against the initial target of ¥9,300 million, the company will pay the amount calculated using a KPI achievement rate of 116%.」
For executive bonuses linked to the consolidated operating profit KPI, the payment amount was calculated based on actual operating profit of ¥10,800 million against the initial target of ¥9,300 million, representing a KPI achievement rate of 116%. Stock-based compensation of ¥31 million was also recognized. - FY2024AdvancedAnnual report
「As consolidated operating profit for the current fiscal year was ¥9,900 million against the initial target of ¥9,300 million, the company will pay the amount calculated using a KPI achievement rate of 106%.」
For executive bonuses linked to the consolidated operating profit KPI, the payment amount was calculated based on actual operating profit of ¥9,900 million against the initial target of ¥9,300 million, representing a KPI achievement rate of 106%. Restricted stock compensation also continued. - FY2024-Q2RestatedAnnual report
「Of the issued shares as of the filing date, 40,422 shares were issued as restricted stock compensation through an in-kind contribution of treasury shares, using monetary compensation claims of ¥58 million.」
The company again disclosed the results under the restricted stock compensation plan: 40,422 shares disposed of as treasury shares and monetary compensation claims of ¥58 million. - FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 3 March 2023, the company resolved to introduce a restricted stock compensation plan for its directors, excluding directors who are Audit and Supervisory Committee members and outside directors, and its executive officers, with the aim of providing incentives for the sustainable enhancement of corporate value and promoting greater value sharing with shareholders. The introduction of the plan was also approved at the 119th Annual General Meeting of Shareholders held on 27 June 2023.」
In addition to the bonus policy linked to the consolidated operating profit KPI, the introduction of the restricted stock compensation plan progressed through approval by the Board of Directors and the Annual General Meeting of Shareholders. Subsequent events also disclosed the disposal of a total of 40,422 shares to 5 directors and 22 executive officers and completion of payment on 26 July 2023. - FY2021First statedAnnual report
「The company will pay an annual bonus at a specified time each year, based on an amount calculated according to the degree of achievement against the consolidated operating profit target (KPI), while comprehensively considering dividends, trends at other companies, medium- to long-term performance and past payment levels.” | “The Representative Director prepared the initial proposal, referred it to the Outside Director Advisory Committee, and, respecting the substance of its response, the Board of Directors adopted the following policy at its meeting held on 26 February 2021.」
The company has newly detailed a compensation policy under which executive bonuses are linked to achievement of the consolidated operating profit KPI and determined following consultation with the Outside Director Advisory Committee and a resolution by the Board of Directors.