Executive Compensation Linked to Consolidated Revenue and Operating Profit
First written in FY2020. 1 of 6 entries say "Reframed", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2018: 3 of 8 companies on the "Worse" side.
32 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The target for the performance-linked compensation metric for the current consolidated fiscal year was a consolidated operating profit margin of 0.0%, compared with an actual consolidated operating profit margin of 3.4%.」
For the consolidated operating profit margin, the performance metric for performance-linked compensation, the actual result was 3.4% against a target of 0.0%. - FY2025Performance-linked compensation results updatedAnnual report
「The target for the performance-linked compensation metric for the current consolidated fiscal year was a consolidated operating profit margin of 0.0%, compared with an actual consolidated operating profit margin of △6.0%.」
For the consolidated operating profit margin, the performance metric for performance-linked compensation, the actual result was negative 6.0% against a target of 0.0%. - FY2024Performance-linked compensation results updatedAnnual report
「The target for the performance-linked compensation metric for the current consolidated fiscal year was a consolidated operating profit margin of 5.7%, compared with an actual consolidated operating profit margin of 3.9%.」
For performance-linked compensation using the consolidated operating profit margin as the performance metric, the actual result was 3.9% against a target of 5.7%. - FY2022ReframedAnnual report
「As a major change, we have reviewed the performance metrics for performance-linked compensation and changed them from the achievement rates for consolidated net sales and consolidated operating profit to the achievement rate for the consolidated operating profit margin.」
The performance metric for performance-linked compensation was changed from the achievement rates for consolidated net sales and consolidated operating profit to the achievement rate for the consolidated operating profit margin. The target was an operating profit margin of 8.9%, compared with an actual result of 9.0%. - FY2021Performance-linked compensation results updatedAnnual report
「The targets for the performance-linked compensation metrics for the current consolidated fiscal year, taking into account the impact of COVID-19, were net sales of ¥6,600 million and an operating loss of ¥180 million. Actual results were net sales of ¥6,830 million and operating profit of ¥11 million, but the overall evaluation was the lowest rating.」
The disclosure states the annual targets and actual results for the executive compensation metrics, as well as the fact that the overall evaluation was the lowest rating. - FY2020First statedAnnual report
「The performance metrics for performance-linked compensation are consolidated net sales and consolidated operating profit. These metrics were selected because the Company has designated them as important KPIs.」
The disclosure sets out for the first time the policy of using consolidated net sales and consolidated operating profit as performance metrics for the performance-linked portion of executive bonuses.