Introduction of Performance-Linked Compensation
First written in FY2024. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
56 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Performance-linked compensation for eligible directors is calculated as an amount equal to 10% of the standard compensation amount multiplied by a coefficient of 0 to 2.0 based on the achievement rate for the consolidated ordinary profit target in each fiscal year, and is paid in a lump sum after the conclusion of the ordinary general meeting of shareholders for the relevant fiscal year.」
For the performance-linked compensation system approved for introduction in the previous fiscal year, the company recorded ¥9.718 million in performance-linked compensation in FY2025, and proceeded through operation of the system to payment. - FY2024First statedAnnual report
「At a meeting of the Board of Directors held on 28 January 2025, the company reviewed its director compensation system, amended the “Directors’ Regulations” and the “Internal Regulations on Director Compensation,” and passed a resolution to introduce a performance-linked compensation system (hereinafter, the “System”). Performance-linked compensation for eligible directors is calculated as an amount equal to 10% of the standard compensation amount multiplied by a coefficient of 0 to 2.0 based on the achievement rate for the consolidated ordinary profit target in each fiscal year」
Based on a resolution by the Board of Directors in January 2025, the company introduced performance-linked compensation for eligible directors that reflects the achievement rate for the consolidated ordinary profit target. Standard compensation is 90% and performance-linked compensation is 10%, with a coefficient of 0 to 2.0.