Performance-linked compensation tied to consolidated profit before tax
First written in FY2019. 6 of 7 entries say "Advanced", first in FY2020. 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
「For payments for the 49th fiscal year (1 April 2025 to 31 March 2026), the relevant indicators were consolidated net income of ¥6,154 million before performance-linked compensation was recognized as a deductible expense and consolidated operating income of ¥9,422 million.」
For the revised performance-linked compensation scheme, consolidated net income of ¥6,154 million and consolidated operating income of ¥9,422 million, the calculation indicators for the 49th fiscal year, were disclosed, updating the scheme’s implementation record. - FY2025AdvancedAnnual report
「For payments for the 48th fiscal year (1 April 2024 to 31 March 2025), the relevant indicators were consolidated net income of ¥6,827 million before performance-linked compensation was recognized as a deductible expense and consolidated operating income of ¥9,171 million.」
For the revised performance-linked compensation scheme, consolidated net income of ¥6,827 million and consolidated operating income of ¥9,171 million, the calculation indicators for the 48th fiscal year, were disclosed, demonstrating the scheme’s implementation. - FY2024AdvancedAnnual report
「The company resolved to revise the scheme as set out below at a meeting of its board of directors held on 24 May 2024 and to begin operating the revised scheme. 1. Calculation method: Each year, performance-linked compensation will generally be paid as a bonus at a specified time, calculated within a range of 55% to 150% of the standard compensation amount based on the achievement rate against the target consolidated net income for each fiscal year and the year-on-year ratio of consolidated operating income.」
The performance-linked compensation scheme was revised and began operating using achievement against the consolidated net income target and the year-on-year change in consolidated operating income as performance indicators, with payouts calculated within a range of 55% to 150%. - FY2022AdvancedAnnual report
「For the 45th fiscal year (1 April 2021 to 31 March 2022), consolidated profit before income taxes and before performance-linked compensation was recognized as a deductible expense was ¥5,644 million.」
For the performance-linked compensation scheme based on 2% of consolidated profit before income taxes, profit of ¥5,644 million, the calculation base for the 45th fiscal year, was disclosed, updating the record of the scheme’s implementation. - FY2021AdvancedAnnual report
「For the 44th fiscal year (1 April 2020 to 31 March 2021), consolidated profit before income taxes and before performance-linked compensation was recognized as a deductible expense was ¥4,629 million.」
For the performance-linked compensation scheme based on 2% of consolidated profit before income taxes, profit of ¥4,629 million, the calculation base for the 44th fiscal year, was disclosed, demonstrating the scheme’s implementation. - FY2020AdvancedAnnual report
「For the 43rd fiscal year (1 April 2019 to 31 March 2020), consolidated profit before income taxes and before performance-linked compensation was recognized as a deductible expense was ¥3,505 million.」
For the performance-linked compensation scheme based on 2% of consolidated profit before income taxes, profit of ¥3,505 million, the calculation base for the 43rd fiscal year, was disclosed, indicating that the scheme is being implemented. - FY2019First statedAnnual report
「“Performance-linked compensation” is paid in a lump sum after the financial results are finalized, up to the total amount approved at the general meeting of shareholders, in an amount equivalent to 2% of consolidated profit before income taxes and before performance-linked compensation is recognized as a deductible expense.」
The performance-linked compensation scheme is designed to pay 2% of consolidated profit before income taxes, subject to a total cap of ¥500 million, with no payment if profit is below ¥1 billion, and payment within 1 month after the financial results are finalized.