Executive Officer Compensation Linked to Medium-Term Management Plan Metrics
First written in FY2019. 2 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Performance-linked compensation for the fiscal year ending March 2026 was paid based on the degree of performance achieved in the fiscal year ended March 2025. Key results were a 104.6% net sales achievement rate and a 122.4% operating profit achievement rate against the consolidated earnings forecast announced on 13 May 2024. As a result, performance-linked compensation accounted for approximately 14.3% of total compensation excluding restricted stock compensation.」
The company disclosed the achievement rates against the net sales and operating profit forecasts and the actual proportion of performance-linked compensation in total compensation. - FY2023AdvancedAnnual report
「The calculation items include single-year consolidated net sales, operating margin and other financially important metrics under the management strategy, as well as non-financial metrics such as environmental indicators and talent development.」
The company disclosed that, for executive officers’ performance-linked compensation, non-financial metrics such as environmental indicators and talent development are included in the calculation items alongside financial metrics. - FY2019First statedAnnual report
「The proportion of performance-linked compensation in total compensation varies within a range of approximately 0% to 30%. The calculation items include quantitative metrics such as consolidated net sales, operating margin and ROE in line with the medium-term management plan, as well as qualitative items such as talent development.」
The company disclosed for the first time specific details of a system under which performance-linked compensation accounts for approximately 0% to 30% of executive officer compensation, with consolidated net sales, operating margin, ROE and talent development, among other items, used in the calculation.