Performance-Linked Compensation Using Consolidated Net Income as a KPI and the Policy on Restricted Stock Compensation
First written in FY2021. 3 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
56 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The performance indicators for the consolidated fiscal year were operating revenue, operating income, ordinary income, and net income attributable to owners of the parent. The results were operating revenue of ¥519,779 million, operating income of ¥22,397 million, ordinary income of ¥20,754 million, and net income attributable to owners of the parent of ¥12,263 million.」
The results for the consolidated fiscal year have been updated and disclosed for the 4 indicators used in performance-linked compensation. - 2026-05-01Cited as achievedGeneral Meetings of Shareholders
「The performance indicators used for performance-linked compensation are operating revenue, operating profit, ordinary profit, and net income attributable to owners of the parent for each consolidated fiscal year. The results for the consolidated fiscal year were operating revenue of ¥519,779 million, operating profit of ¥22,397 million, ordinary profit of ¥20,754 million, and net income attributable to owners of the parent of ¥12,263 million.」
The company cited the results for the fiscal year under its performance-linked compensation policy based on 4 indicators. A proposal was also presented to pay a total of ¥152 million in directors' bonuses to 8 internal directors. - FY2024AdvancedAnnual report
「The performance indicators for the current consolidated fiscal year are operating revenue, operating profit, ordinary profit, and net income attributable to owners of the parent. Actual results were operating revenue of ¥472,655 million, operating profit of ¥24,097 million, ordinary profit of ¥22,598 million, and net income attributable to owners of the parent of ¥14,054 million.」
The actual results for the 4 performance indicators used for performance-linked compensation for the current consolidated fiscal year have been updated and disclosed. - FY2023ReframedAnnual report
「The performance indicators for the current consolidated fiscal year are operating revenue, operating profit, ordinary profit, and net income attributable to owners of the parent. Actual results were operating revenue of ¥439,024 million, operating profit of ¥22,019 million, ordinary profit of ¥20,732 million, and net income attributable to owners of the parent of ¥13,235 million.」
The description of performance indicators for performance-linked monetary compensation has changed from one centered on consolidated net income to one using 4 indicators: operating revenue, operating profit, ordinary profit, and net income attributable to owners of the parent. Actual results for the current fiscal year are also disclosed. - FY2022AdvancedAnnual report
「Net income attributable to owners of the parent for the current consolidated fiscal year was ¥15,590 million.」
For the performance-linked compensation policy using consolidated net income as a KPI, the actual KPI for the current fiscal year of ¥15,590 million is disclosed. Performance-linked compensation and other compensation for directors is stated as ¥211 million. - FY2021First statedAnnual report
「Performance-linked compensation and similar payments will be cash compensation reflecting performance indicators (KPIs) to raise awareness of improving performance in each fiscal year. A bonus calculated according to the degree of achievement against the annual target for consolidated net profit will be paid each year at a specified time.」
The Company's compensation policy, approved by the board on 15 February 2021, provides for performance-linked cash compensation using consolidated net profit as a KPI and restricted stock compensation linked to improving corporate value over the medium to long term.