Executive Compensation Linked to Profit for the Period and Operating Profit Margin on Net Sales
First written in FY2019. . 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".
- FY2026Decline in Actual and Target Operating Profit MarginsAnnual report
「The operating margin for the current fiscal year is 0.6%, and we will work to sustainably enhance corporate value with a target operating margin of 3.1% for the fiscal year ending March 2028, the final year of the medium-term management plan.」
The actual operating profit margin related to the basic performance-linked compensation metric was 0.6%, while the target was changed from 5.0% to 3.1%. - FY2025Decline in actual operating marginAnnual report
「The operating margin for the current period is 1.1%, and the Company will work to sustainably increase corporate value with a target operating margin of 5.0%.」
The actual operating profit margin on sales, which is also a performance-linked compensation metric, fell from 3.1% in the previous fiscal year to 1.1%. - FY2024Recovery in Actual Operating Profit MarginAnnual report
「The operating margin for the current fiscal year is 3.1%, and we will work to sustainably enhance corporate value with a target operating margin of 5.0%.」
The actual operating profit margin on sales, which is also a performance-linked compensation metric, recovered from 1.3% in the previous fiscal year to 3.1%. - FY2023Decline in actual operating marginAnnual report
「The operating margin for the current fiscal year is 1.3%, and we will work to sustainably enhance corporate value with a target operating margin of 5.0%.」
The actual operating profit margin on sales, which is also a performance-linked compensation metric, fell to 1.3% from 2.3% in the previous fiscal year. - FY2022Recovery in Actual Operating Profit MarginAnnual report
「The operating margin for the current period is 2.3%, and the Company will work to sustainably increase corporate value with a target operating margin of 5.0%.」
The operating profit margin on sales, which is also a performance-linked compensation metric, recovered from 1.1% in the previous fiscal year to 2.3%, but remained below the 5.0% target. - FY2021Further Decline in Actual Operating Profit MarginAnnual report
「The operating margin for the current period is 1.1%, and the Company will work to sustainably increase corporate value with a target operating margin of 5.0%.」
The actual operating profit margin on sales used as a performance-linked compensation metric was 1.1%, down further from 1.6% in the previous fiscal year. - FY2020Decline in actual operating marginAnnual report
「The actual operating profit margin on sales in the 39th fiscal year was 1.6%.」
The actual operating profit margin on sales, a performance metric for executive compensation, fell to 1.6% from 5.1% in the previous fiscal year. - FY2019First statedAnnual report
「The performance-linked compensation metric for directors, excluding outside directors, is based on the results of all employees' activities, with net income as the primary metric. The company also uses operating profit margin on sales as a company performance metric and conducts a company performance evaluation. The actual operating profit margin on sales in the 38th fiscal year was 5.1%.」
The company uses net income and operating profit margin on sales as performance-linked compensation metrics and disclosed an actual operating profit margin of 5.1% for the 38th fiscal year.