Consolidated Operating Profit Target for Performance-Linked Compensation
First written in FY2019. 3 of 8 entries say "Achieved", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2020: 5 of 29 companies on the "Worse" side.
16 other companies' latest entry also says "Other".
- FY2026Both the operating profit target and the net profit target were not achievedAnnual report
「The target performance metrics for the fiscal year were consolidated operating profit of ¥1,842 million and net income attributable to owners of the parent of ¥600 million. Actual results were consolidated operating profit of ¥1,591 million and net income attributable to owners of the parent of a loss of ¥837 million.」
Consolidated operating profit fell below the target of ¥1,842 million, while net income attributable to owners of the parent was a loss of ¥837 million against the target of ¥600 million. - FY2025Operating profit target achieved; net income target not achievedAnnual report
「The target performance metrics for the fiscal year were consolidated operating profit of ¥2,100 million and net income attributable to owners of the parent of ¥600 million. Actual results were consolidated operating profit of ¥2,359 million and net income attributable to owners of the parent of ¥328 million.」
Consolidated operating profit exceeded the target of ¥2,100 million, while net income attributable to owners of the parent fell below the target of ¥600 million. - FY2024AchievedAnnual report
「The target performance metrics for the fiscal year were consolidated operating profit of ¥1,800 million and net income attributable to owners of the parent of ¥300 million. Actual results were consolidated operating profit of ¥2,093 million and a net loss attributable to owners of the parent of ¥790 million.」
Consolidated operating profit was ¥2,093 million, above the target of ¥1,800 million, while net income attributable to owners of the parent was a loss of ¥790 million against the target of ¥300 million. - FY2023SoftenedAnnual report
「The target performance metric for the fiscal year was ¥2,420 million, while actual results were a loss of ¥35 million.」
The target performance metric for performance-linked compensation decreased from ¥2,692 million in the previous fiscal year to ¥2,420 million, while actual results were a loss of ¥35 million, below the target. - FY2022RaisedAnnual report
「The target performance metric for the fiscal year was ¥2,692 million, while actual results were ¥1,755 million.」
The target performance metric for performance-linked compensation increased from ¥2,117 million in the previous fiscal year to ¥2,692 million, while actual results were ¥1,755 million, below the target. - FY2021AchievedAnnual report
「The target performance metric for the fiscal year was ¥2,117 million, while actual results were ¥2,647 million.」
Actual results of ¥2,647 million exceeded the current-year target of ¥2,117 million for the performance-linked compensation metric. - FY2020AchievedAnnual report
「The target for consolidated operating profit for the current fiscal year was set at ¥2,100 million. Against this, actual consolidated operating profit for the current fiscal year was ¥2,159 million.」
Actual consolidated operating profit of ¥2,159 million exceeded the current-year target of ¥2,100 million, the performance-linked compensation metric. - FY2019First statedAnnual report
「The target for consolidated operating profit for the current fiscal year was set at ¥2,000 million. Against this, actual consolidated operating profit for the current fiscal year was ¥2,058 million. Performance-linked compensation based on the current fiscal year’s results will be added to compensation for the following fiscal year and thereafter once the compensation amount has been determined.」
The company designated consolidated operating profit, a profitability indicator in the FY20 medium-term management plan, as the performance-linked compensation metric, and for the first time specifically disclosed the current fiscal year target of ¥2,000 million and actual result of ¥2,058 million.