Performance- and Results-Based Variable Compensation for Directors
First written in FY2018. . Latest entry: FY2026.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- FY2026Performance-linked compensation results updatedAnnual report
「The performance-linked compensation metric is consolidated ordinary profit, which concisely indicates the ordinary profit of the Group. No target has been set, but the company announced a forecast of ¥6,300 million on 12 May 2025 and reported actual consolidated ordinary profit of ¥7,133 million.」
Consolidated ordinary profit, the metric used for performance-linked compensation, was ¥7,133 million, compared with the forecast of ¥6,300 million. - FY2024Performance-linked compensation results updatedAnnual report
「The performance-linked compensation metric is consolidated ordinary profit, which concisely indicates the ordinary profit of the Group. No target has been set, but the company announced a forecast of ¥4,900 million on 15 May 2023 and reported actual consolidated ordinary profit of ¥5,439 million.」
For consolidated ordinary profit, the metric for performance-linked compensation, actual results were ¥5,439 million against a forecast of ¥4,900 million. - FY2023Performance-linked compensation results updatedAnnual report
「The performance-linked compensation metric is consolidated ordinary profit, which concisely indicates the ordinary profit of the Group. No target has been set, but the company announced a forecast of ¥4,300 million on 9 May 2022 and reported actual consolidated ordinary profit of ¥4,735 million.」
For consolidated ordinary profit, the metric for performance-linked compensation, actual results were ¥4,735 million against a forecast of ¥4,300 million. - FY2021Performance-linked compensation results updatedAnnual report
「The performance-linked compensation metric is consolidated ordinary profit, which concisely indicates the ordinary profit of the Group. No target has been set, but the company announced a forecast of ¥2,800 million on 5 August 2020, revised it upward to ¥3,150 million on 27 April 2021, and reported actual consolidated ordinary profit of ¥3,153 million.」
For consolidated ordinary profit, the metric for performance-linked compensation, the forecast was revised upward to ¥3,150 million, while actual results were ¥3,153 million. - FY2020Specification of the calculation method for performance-based compensationAnnual report
「The performance-linked compensation metric is consolidated ordinary profit, which concisely indicates the ordinary profit of the Group. No target has been set, but the company announced a forecast of ¥3,000 million on 13 May 2019, revised it upward to ¥3,200 million on 11 November 2019, and reported actual consolidated ordinary profit of ¥3,486 million.」
In addition to the existing policy on variable compensation, the company specified a calculation method using consolidated ordinary profit as the metric, with variable compensation capped at 2.5% of consolidated ordinary profit for the previous fiscal year and at ¥80 million. - FY2018First statedAnnual report
「Fixed compensation is determined by the representative director and president in accordance with the regulations governing director compensation by position, while variable compensation is based on business performance and results.」
The policy of structuring director compensation as fixed and variable compensation, with variable compensation determined based on business performance and results, is confirmed independently for the first time.