Medium- to long-term performance-linked share-based compensation tied to ROE and operating margin
First written in FY2019. 3 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Bonuses: operating profit before goodwill amortization, ¥30.0 billion, ¥31.8 billion, 106.0%, 115.0% / Stock compensation: revenue excluding revenue from new-field businesses, ¥255.0 billion, ¥288.8 billion, 113.3% / Revenue from new-field businesses, ¥50.0 billion, ¥50.7 billion, 91.2% / ROIC, 5.0%, 6.7%, 134.0%」
For the compensation metrics linked to the 2026 Medium-Term Management Plan, operating profit, underlying revenue, and ROIC exceeded their targets, while revenue from new-field businesses was disclosed at ¥50.7 billion against a target of ¥50.0 billion. - FY2025ReframedAnnual report
「Under this plan, shares of the Company and other instruments will be delivered based on the achievement of the consolidated performance targets under the 2026 Medium-Term Management Plan, namely revenue excluding revenue from new-field businesses, revenue from new-field businesses, and ROIC before goodwill amortization.」
The evaluation metrics for performance-based stock compensation have changed from those under the 2023 Medium-Term Management Plan to revenue, revenue from new-field businesses, and ROIC under the 2026 Medium-Term Management Plan. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 7 November 2024, the Company resolved to dispose of treasury shares through a third-party allotment, as described below. Class and number of shares to be disposed of: 1,732,000 common shares」
In connection with the resolution to continue the executive compensation BIP trust and the stock-grant ESOP trust through fiscal 2027, the Company decided to dispose of a total of 1,732,000 treasury shares to the trust accounts. - FY2021ReframedAnnual report
「Under this plan, shares of the Company and other instruments will be delivered based on the achievement of the consolidated performance targets under the 2023 Medium-Term Management Plan, namely ROE before goodwill amortization, operating profit before goodwill amortization, and revenue from new-field businesses.」
The metrics for performance-based stock compensation have changed from ROE and operating margin under the 2020 Medium-Term Management Plan to ROE before goodwill amortization, operating profit before goodwill amortization, and revenue from new-field businesses under the 2023 Medium-Term Management Plan. - FY2020AdvancedAnnual report
「The target values and achievement rates for each performance-linked metric for the fiscal year were as follows: · Consolidated ROE: 5.4% (achievement rate: 88.9%) · Consolidated operating margin: 7.4% (achievement rate: 108.1%)」
For stock compensation linked to the 2020 Medium-Term Management Plan, the Group disclosed achievement rates of 88.9% for ROE and 108.1% for operating margin for the fiscal year. - FY2019First statedAnnual report
「Under this plan, shares of the Company and other instruments will be delivered based on the achievement of the consolidated performance targets under the 2020 Medium-Term Management Plan, namely ROE and operating margin. Maximum: 300,000 shares (evaluation period: fiscal years ending March 2019 through March 2021)」
The plan provides for the delivery of up to 300,000 shares based on achievement of the ROE and operating margin targets under the 2020 Medium-Term Management Plan, with the evaluation period running from the fiscal year ended March 2019 through the fiscal year ended March 2021.