Linking Executive Compensation to Performance through a Single-Year Performance-Linked Compensation Scheme
First written in FY2017. 1 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 13 of 117 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Consolidated EBITDA for the previous fiscal year (the fiscal year ended March 2025) was ¥3,761,776 thousand, an increase of ¥1,735,622 thousand from consolidated EBITDA of ¥2,026,153 thousand for the fiscal year before the previous fiscal year (the fiscal year ended March 2024). Accordingly, the source amount for performance-based compensation for senior management from July 2025 through June 2026 was ¥433,905 thousand, equivalent to 25% of the increase, and the adjusted amount actually paid was ¥207,972 thousand.」
For annual performance-based compensation based on 25% of the increase in consolidated EBITDA, disclosed an actual payment of ¥207,972 thousand for July 2025 through June 2026, compared with no payment in the previous year. - FY2025No annual performance-based compensation paidAnnual report
「No annual performance-based compensation was paid to Executive Directors for the fiscal year because the results for the previous fiscal year did not meet the payment criteria.」
The annual performance-based compensation plan based on the increase in consolidated EBITDA remains in place, but the amount paid for the fiscal year was zero because the results for the previous fiscal year did not meet the criteria. - FY2021RestatedAnnual report
「Increase in consolidated EBITDA from the previous fiscal year × 25%」
Continues to apply a formula for annual performance-based compensation based on 25% of the increase in consolidated EBITDA from the previous fiscal year. - FY2020Specified the compensation calculation methodAnnual report
「Increase in consolidated EBITDA from the previous fiscal year × 25%」
For annual performance-based compensation, specifies a formula applying 25% to the increase in consolidated EBITDA from the previous fiscal year, as well as the eligible recipients, including senior management of group companies. - FY2017First statedAnnual report
「In addition, we introduced a new annual performance-based compensation plan for Executive Directors, excluding Outside Directors and Directors who are Audit & Supervisory Committee Members, in place of the former directors’ bonuses. Accordingly, Executive Directors will receive fixed compensation and annual performance-based compensation within the previously stated compensation limit, while Outside Directors and Directors who are Audit & Supervisory Committee Members will receive fixed compensation within the previously stated compensation limit.」
Introduced a system to provide Executive Directors with fixed compensation and annual performance-based compensation in place of the former directors’ bonuses.