Performance-Linked Share Compensation Plan Linked to the Medium-Term Management Plan
First written in FY2017. 2 of 6 entries say "Restated". Latest entry: FY2026.
24 other companies' latest entry also says "Other".
- FY2026Updated with actual annual performance indicatorsAnnual report
「Metric Target Actual Consolidated operating margin 5.2% 3.8% ROIC 5.4% 3.6% Net debt-to-equity ratio 0.79x 0.63x Inventory turnover 4.0x 3.4x Consolidated net sales ¥847.5 billion ¥826.3 billion」
The company updated the targets and actual results for the fiscal year for the medium-term management plan-linked metrics used to calculate performance-linked stock compensation. - FY2025Updated with actual annual performance indicatorsAnnual report
「Metric Target Actual Consolidated operating margin 3.7% 2.8% ROIC 3.9% 2.6% Net debt-to-equity ratio 0.90x 0.97x Inventory turnover 3.6x 3.4x Consolidated net sales ¥860.0 billion ¥825.5 billion」
The company updated the targets and actual results for the fiscal year for the medium-term management plan-linked metrics used to calculate performance-linked stock compensation. - FY2023RestatedAnnual report
「Metric Target Actual Consolidated operating margin 4.0% 2.2% ROIC 3.6% 2.0% Net debt-to-equity ratio 1.82x 1.18x Consolidated net sales ¥686.0 billion ¥773.9 billion Inventory turnover 3.9x 3.2x」
The company continued its performance-linked stock compensation plan linked to the key targets of the medium-term management plan and disclosed the targets and actual results for the period. - FY2021RestatedAnnual report
「Metric Target Actual Consolidated operating margin 7.1% (0.6%) Consolidated net sales ¥800.0 billion ¥562.8 billion NTN-ROI 7.5% (1.3%) Net debt-to-equity ratio 0.85 1.62 Total asset turnover 0.88x 0.64x」
The company continued its stock compensation plan linked to the key targets of the medium-term management plan and disclosed the targets and actual results for the fiscal year. - FY2019AdvancedAnnual report
「The company has introduced a performance-linked stock compensation plan for its directors, excluding outside directors and non-residents of Japan, as a highly transparent and objective executive compensation plan that is closely linked to the company's performance set out in the medium-term management plan.」
The company disclosed the operation of a BIP trust linked to the medium-term management plan for directors, covering 3 fiscal years with a maximum of 1,650 thousand shares. - FY2017First statedAnnual report
「The company has adopted a mechanism known as a Board Incentive Plan (BIP) trust. Shares of the company acquired through the BIP trust and cash equivalent to the proceeds from the sale of the company's shares are delivered and paid to directors according to their positions and the degree of achievement of the performance targets set out in the medium-term management plan. The plan covers 3 fiscal years, with a maximum of 1,650 thousand shares. Initially, however, it covered 2 fiscal years, from the fiscal year ending March 2017 through the fiscal year ending March 2018, with a maximum of 1,100 thousand shares.」
The company introduced a BIP trust linked to the performance targets of its medium-term management plan and established the applicable period and maximum number of shares to be delivered.