Executive Compensation Linked to Consolidated Operating Profit
First written in FY2019. 3 of 9 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2020: 4 of 31 companies on the "Worse" side.
24 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Directors (excluding outside directors) 65,903 45,600 10,787 9,516 9,516 3」
The operating-profit-linked compensation scheme resulted in payments of ¥10.787 million in performance-linked compensation and ¥9.516 million in restricted stock compensation in a year of operating profitability and an expected dividend payment. - 2026-08-14AdvancedDividends
「For the 41st fiscal year, the fiscal year ending June 2026, the Company achieved profitability in operating income, ordinary income and net income. After considering that it is currently in the final stage of its business revitalization phase and taking into account the balance between dividends and retained earnings, the Company decided to submit a proposal for the year-end dividend of ¥2 per share as described above.」
2027年の復配を条件の一つとしていた業績条件型譲渡制限付株式報酬に関連し、復配に向けた具体的な配当付議が決定された。 - FY2025RaisedAnnual report
「Subject to the conditions that consolidated net income becomes positive in the fiscal year ending June 2027 and that a dividend from surplus is determined by the date of the annual general meeting of shareholders to be held in 2027, the transfer restrictions on all of the shares granted will be lifted when the transfer restriction period expires.」
In addition to the existing compensation scheme linked to consolidated operating profit, a performance-based restricted stock compensation scheme was introduced, subject to consolidated net income becoming positive in the fiscal year ending June 2027 and the resumption of dividend payments in 2027. - FY2024Continued Nonpayment of Performance-Linked CompensationAnnual report
「Directors (excluding outside directors) 83,948 83,948 ― ― ― 6」
The performance-linked compensation scheme based on consolidated operating profit and dividends was maintained, but no performance-linked or restricted stock compensation was paid in the current fiscal year. - FY2023Continued Nonpayment of Performance-Linked CompensationAnnual report
「Directors (excluding outside directors) 88,626 88,626 ― ― ― 5」
The performance-linked compensation scheme based on consolidated operating profit and dividends was maintained, but no performance-linked or restricted stock compensation was paid in the current fiscal year due to the operating loss and absence of a dividend. - FY2022No performance-linked compensation paidAnnual report
「Directors (excluding outside directors) 156,702 85,165 – 71,537 71,537 5」
The compensation scheme linked to consolidated operating profit and the restricted stock compensation scheme were maintained, but no performance-linked compensation was paid for the year, while ¥71.537 million in restricted stock compensation was recognized. - FY2021AdvancedAnnual report
「Performance-linked compensation 42,157」
The performance-linked compensation scheme calculated at 5.0% based on consolidated operating profit continued, and ¥42.157 million in performance-linked compensation was paid in the current fiscal year against a backdrop of operating profitability and a dividend payment. - FY2020RestatedAnnual report
「As consolidated operating loss was ¥82 million for the current fiscal year and no dividend was paid, no performance-linked compensation will be paid.」
The performance-linked compensation scheme, calculated at 5.0% based on consolidated operating profit, remains in place, but no payment was made in the current fiscal year due to the operating loss and absence of a dividend. - FY2019First statedAnnual report
「Performance-linked compensation = consolidated operating profit × 5.0% × each eligible director's points / total points for eligible directors」
A performance-linked compensation scheme based on consolidated operating profit has been introduced for part of directors' compensation. The base amount is 5.0% of consolidated operating profit, with the final amount capped at ¥50 million. No performance-linked compensation was paid in the current fiscal year because no dividend was paid.