Operating Profit-Linked Performance-Based Compensation
First written in FY2021. 2 of 5 entries say "Advanced", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2020: 4 of 31 companies on the "Worse" side.
17 other companies' latest entry also says "Other".
- FY2026Short-term targets achieved while long-term targets were not metAnnual report
「The target for the metric relating to short-term performance-linked compensation for the fiscal year was ¥1,000 million, while the actual result was ¥1,394 million (fiscal year ended March 2025). The metric used to calculate long-term performance-linked compensation was the cumulative planned operating profit of ¥5,600 million over the 3 years of the medium-term business plan “R1,” while the actual cumulative result was ¥4,600 million.」
The operating-profit metric for short-term performance-linked compensation was ¥1,394 million against a target of ¥1,000 million, while the long-term result was ¥4,600 million against a target of ¥5,600 million. - FY2024Performance-linked targets not metAnnual report
「The target for the metric relating to short-term performance-linked compensation for the fiscal year was ¥1,200 million, while the actual result was ¥789 million (fiscal year ended March 2023). The metric used to calculate long-term performance-linked compensation was the cumulative planned operating profit of ¥5,600 million over the 3 years of the medium-term business plan “R1,” while the actual cumulative result was ¥4,600 million.」
For the short- and long-term performance-linked compensation metrics based on operating profit, the short-term result was ¥789 million against a target of ¥1,200 million, and the long-term result was ¥4,600 million against a target of ¥5,600 million. Both targets were reported as unmet. - FY2023AdvancedAnnual report
「The target for the metric relating to short-term performance-linked compensation for the fiscal year was ¥1,900 million, while the actual result was ¥2,083 million (fiscal year ended March 2022). As the fiscal year was the final fiscal year of the medium-term business plan “R1,” no long-term performance-linked compensation was paid.」
For short-term performance-linked compensation based on operating profit, the target was ¥1,900 million and the actual result for the fiscal year ended March 2022 was ¥2,083 million. No long-term performance-linked compensation was paid because this was the final year of R1. - FY2022AdvancedAnnual report
「The target for the metric relating to performance-linked compensation for the fiscal year was ¥1,300 million, while the actual result was ¥1,743 million (fiscal year ended March 2021).」
For performance-linked compensation based on operating profit, the target of ¥1,300 million and the actual result of ¥1,743 million for the fiscal year ended March 2021 were disclosed, updating the achievement status for the metric. - FY2021First statedAnnual report
「Because improving profitability in the core business is the most important issue, the performance metric used as the basis for calculating performance-linked compensation is the previous year's actual operating profit. The target for the metric relating to performance-linked compensation for the fiscal year was ¥800 million, while the actual result was ¥841 million (fiscal year ended March 2020).」
For the performance-linked portion of executive compensation, the policy of using the previous year's actual operating profit as the metric, together with the target of ¥800 million and actual result of ¥841 million for the fiscal year ended March 2020, was confirmed for the first time as an independent topic.