Executive Compensation Linked to Consolidated Operating Profit
First written in FY2023. 3 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2020: 5 of 25 companies on the "Worse" side.
17 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The target for the KPI, consolidated operating profit for the fiscal year ending June 2026, was ¥170 billion, while actual consolidated operating profit was ¥174.8 billion.」
For performance-linked compensation using consolidated operating profit as the KPI, actual FY2026 operating profit was ¥174.8 billion against the ¥170 billion target. - FY2025AdvancedAnnual report
「The target for the KPI, consolidated operating profit, for the fiscal year ended June 2025 was ¥150.0 billion, compared with actual consolidated operating profit of ¥162.3 billion.」
For performance-linked compensation based on consolidated operating profit as the KPI, the FY2025 result was ¥162.3 billion against a target of ¥150.0 billion. The compensation structure is based on 70% fixed compensation and 30% performance-linked compensation. - FY2024AdvancedAnnual report
「The target for the KPI, consolidated operating profit, for the fiscal year ended June 2024 was ¥111.0 billion, compared with actual consolidated operating profit of ¥140.2 billion.」
For performance-linked compensation based on consolidated operating profit as the KPI, the FY2024 result was ¥140.2 billion against a target of ¥111.0 billion. The compensation structure based on 80% fixed compensation and 20% performance-linked compensation was also reaffirmed. - FY2023First statedAnnual report
「Performance-linked cash compensation as short-term incentive compensation (annual bonuses) is linked to the Company’s performance for a single fiscal year. At our Company, the performance metric (KPI), from the perspective of increasing earnings from the core business, is consolidated operating profit. The target for the KPI, consolidated operating profit, for the fiscal year ended June 2023 was ¥94.0 billion, compared with actual consolidated operating profit of ¥105.2 billion. Our compensation structure is designed based on fixed compensation, constituting 80% as basic compensation, and performance-linked compensation (annual bonuses), constituting 20% as short-term incentive compensation.」
For executive compensation, disclosed for the first time in a consolidated format the annual bonus based on consolidated operating profit as the KPI, the ¥94.0 billion target and ¥105.2 billion actual result for the fiscal year ended June 2023, and a compensation structure of 80% fixed compensation and 20% performance-linked compensation.