Performance-linked incentives through performance-linked bonuses
First written in FY2021. . Latest entry: FY2026.
The whole theme swung hardest in 2020: 4 of 31 companies on the "Worse" side.
17 other companies' latest entry also says "Other".
- FY2026Expansion of the scope in which performance-linked compensation is not paidAnnual report
「As the targets for the relevant performance metrics were not achieved, no performance-linked bonuses were paid for the fiscal year. In addition, no performance-linked stock compensation was paid for the fiscal year because the targets were not achieved.」
As in FY2023, no performance-linked bonuses were paid, and this time the company also stated that no performance-linked stock compensation was paid because the targets were not achieved. - FY2023Non-payment of performance-linked bonusesAnnual report
「The main metric for performance-linked bonuses in the fiscal year was budgeted consolidated operating profit. As the target was not achieved, no performance-linked bonuses were paid for the fiscal year.」
Performance-linked bonuses were not paid for the period because consolidated operating profit fell short of budget. - FY2021First statedAnnual report
「The performance metrics for performance-linked bonuses are consolidated revenue, operating profit, and net income. These metrics were selected to raise awareness of achieving performance targets for each fiscal year.」
The company has newly provided details of a performance-linked bonus scheme for executive directors, under which bonuses vary according to the degree of achievement of revenue, operating profit, and net income targets.