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Fuji Electric Industry (6654) · FactChanged to no payment of performance-linked compensation

Bonuses not paid because performance criteria for performance-linked compensation were not met

First written in FY2022. 1 of 10 entries say "Restated". Latest entry: FY2025.

10entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2022 – FY20252022: 220222023: 420232024: 320242025: 12025
Same theme, other companies
Performance Targets as Conditions for Payment of Performance-Linked CompensationA theme 84 companies write about · 3 as a headwind · 71 as a tailwind

The whole theme swung hardest in 2020: 4 of 31 companies on the "Worse" side.

17 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 84 companies compared. The sentences above are computed from all 84.
Full recordFilings, disclosures and news, newest first
  1. FY2025Changed to no payment of performance-linked compensationAnnual report

    「Performance-linked compensation and other bonuses are paid once per fiscal year. In the fiscal year under review, actual results did not meet the prescribed criteria, including the three-level operating profit criteria, and therefore no performance-linked compensation or other bonus was paid.」

    The ¥6.1 million provision for directors' bonuses recognized in the previous fiscal year was reversed, and no performance-linked compensation or other bonus was paid for the fiscal year because the operating profit and other criteria were not met.
  2. FY2025-H1Provision for directors' bonuses decreased from ¥6.1 million to ¥5.38 millionAnnual report

    「Provision for directors' bonuses 6,100 5,380」

    The provision for directors' bonuses decreased from ¥6.1 million at the end of the previous fiscal year to ¥5.38 million at the end of the interim accounting period.
  3. FY2025-Q1Provision for directors' bonuses decreased from ¥6.1 million to ¥1.37 millionAnnual report

    「Provision for directors' bonuses 6,100 1,370」

    The provision for directors' bonuses decreased from ¥6.1 million at the end of the previous fiscal year to ¥1.37 million at the end of the first quarter accounting period.
  4. FY2024Changed to planned payment of bonuses after performance-linked compensation criteria were metAnnual report

    「Performance-linked compensation and other bonuses are paid once per fiscal year. In the fiscal year under review, actual results met the prescribed criteria, including operating profit, and the company therefore recognized an expense for the provision for directors' bonuses. This amount is scheduled to be paid as performance-linked compensation and other bonuses in the 67th fiscal year.」

    Unlike the description of no bonus payments through the previous fiscal year, the company met the prescribed criteria, including operating profit, recognized a ¥6.1 million provision for directors' bonuses, and plans to pay it in the 67th fiscal year.
  5. FY2024-Q3Provision for directors' bonuses increased from ¥2.025 million to ¥3.070 millionAnnual report

    「Provision for directors' bonuses - 3,070」

    The provision for directors' bonuses was ¥3.070 million at the end of the third quarter accounting period, increasing from zero at the end of the previous fiscal year.
  6. FY2024-Q2Provision for directors' bonuses increased from zero to ¥2.025 millionAnnual report

    「Provision for directors' bonuses - 2,025」

    A ¥2.025 million provision for directors' bonuses was recognized at the end of the second quarter accounting period, increasing from a balance of zero at the end of the previous fiscal year.
  7. FY2024-Q1Provision for directors' bonuses increased from zero to ¥1.525 millionAnnual report

    「Provision for directors' bonuses - 1,525」

    A ¥1.525 million provision for directors' bonuses was recognized at the end of the first quarter accounting period. The balance at the end of the previous fiscal year was zero.
  8. FY2023RestatedAnnual report

    「Performance-linked compensation and other bonuses are paid once per fiscal year. In the fiscal year under review, actual results did not meet the prescribed criteria, including the three-level operating profit criteria, and therefore no performance-linked compensation or other bonus was paid.」

    No performance-linked compensation or other bonus was paid for the fiscal year because the prescribed criteria, including operating profit, were not met.
  9. FY2023-Q2¥990 thousand provision for directors' bonuses recognizedAnnual report

    「Provision for directors' bonuses - 990」

    A ¥990 thousand provision for directors' bonuses, which had not been recognized at the end of the previous fiscal year, was recognized at the end of the second quarter accounting period.
  10. FY2022First statedAnnual report

    「Performance-linked compensation and other bonuses are paid once per fiscal year. In the fiscal year under review, actual results did not meet the prescribed criteria, including the three-level operating profit criteria, and therefore no performance-linked compensation or other bonus was paid.」

    It is stated that no performance-linked compensation or other bonus was paid for the fiscal year because the prescribed criteria, including operating profit, were not met.
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Bonuses not paid because performance criteria for performance-linked compensation were not met | FUJI ELECTRIC INDUSTRY CO.,LTD. (6654) | Komori