Performance-Linked Executive Compensation Based on Ordinary Profit as the Core Metric
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
57 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「May 2025: Recommendation on the payment policy for base compensation, performance-linked compensation and restricted stock compensation (Management Advisory Committee); June 2025: Decision on the payment policy for base compensation, performance-linked compensation and restricted stock compensation (Board of Directors)」
The company disclosed that the Management Advisory Committee recommends the compensation policy and the Board of Directors makes the decision in June 2025. - FY2023RestatedAnnual report
「Performance-linked compensation applies only to directors other than outside directors. The primary performance metric is ordinary profit, and directors are evaluated on a 7-level scale according to the performance of the divisions they oversee, with the resulting adjustment ranging from an increase of 15% to a reduction of 10% relative to base compensation.」
The company is reaffirming a performance-linked compensation system that uses ordinary profit as the basic metric, evaluates the performance of each responsible division on a seven-point scale, and reflects the results in base compensation. - FY2022RestatedAnnual report
「Performance-linked compensation applies only to directors other than outside directors. The primary performance metric is ordinary profit, and directors are evaluated on a 7-level scale according to the performance of the divisions they oversee, with the resulting adjustment ranging from an increase of 15% to a reduction of 10% relative to base compensation.」
The company is reaffirming a system that uses ordinary profit as the basic metric, evaluates the performance of each responsible division on a seven-point scale, and reflects the results in base compensation. - FY2020RestatedAnnual report
「Performance-linked compensation applies only to directors other than outside directors. The primary performance metric is ordinary profit, and directors are evaluated on a 7-level scale according to the performance of the divisions they oversee, with the resulting adjustment ranging from an increase of 15% to a reduction of 10% relative to base compensation.」
The company is reaffirming a performance-linked compensation system that uses ordinary profit as the basic metric, evaluates the performance of each responsible division on a seven-point scale, and reflects the results in base compensation, ranging from a 15% increase to a 10% reduction. - FY2019First statedAnnual report
「Performance-linked compensation applies only to directors other than outside directors. The primary performance metric is ordinary profit, and directors are evaluated on a 7-level scale according to the performance of the divisions they oversee, with the resulting adjustment ranging from an increase of 15% to a reduction of 10% relative to base compensation.」
The Company disclosed specific details for the first time on the scope of performance-linked compensation, the metric based primarily on ordinary profit, the 7-level evaluation based on the performance of the relevant division and the range of adjustments to base compensation.