Performance-Linked Compensation Based on KPI Achievement
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- FY2025RestatedAnnual report
「Performance-linked compensation is paid in cash, linked to achievement of performance indicators (KPIs) to encourage awareness of improving performance in each fiscal year. It is calculated based on a specified percentage of net income, with the year-on-year change in operating profit, divisional budget achievement rate, and the Board of Directors' assessment reflected in the amount calculated, and is paid as a bonus at a specified time each year.」
The company continues its policy of performance-linked compensation reflecting net income, the year-on-year change in operating profit, the divisional budget achievement rate, and the Board of Directors' assessment. - FY2022RestatedAnnual report
「Performance-linked compensation is paid in cash, linked to achievement of performance indicators (KPIs) to encourage awareness of improving performance in each fiscal year. It is calculated based on a specified percentage of net income, with the year-on-year change in operating profit, divisional budget achievement rate, and the Board of Directors' assessment reflected in the amount calculated, and is paid as a bonus at a specified time each year.」
The company continues its policy of performance-linked compensation reflecting net income, the year-on-year change in operating profit, the divisional budget achievement rate, and the Board of Directors' assessment. - FY2021First statedAnnual report
「Performance-linked compensation is paid in cash to encourage awareness of improving performance in each fiscal year. It is calculated based on a specified percentage of net income, with the year-on-year change in operating profit, the achievement rate of divisional budgets, and the Board of Directors' assessment reflected in the amount calculated, and is paid as a bonus at a specified time each year.」
The company has disclosed for the first time a policy linking performance-linked compensation to KPI achievement, with the specified percentage of net income, year-on-year change in operating profit, divisional budget achievement rate, and the Board of Directors' assessment used as calculation factors.