Introduction of a Performance-Linked Stock Compensation Plan
First written in FY2019. 3 of 8 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2019: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2026Updated performance-linked compensation targets and resultsAnnual report
「Indicator Target Actual Consolidated operating profit ¥23,500 million ¥23,055 million Net income attributable to owners of the parent ¥14,600 million ¥14,645 million Consolidated ROA 6.3 6.0」
For performance-linked compensation for the fiscal year ended March 2026, operating profit and ROA fell short of target, while profit attributable to owners of the parent exceeded target. - FY2025Updated performance-linked compensation targets and resultsAnnual report
「Indicator Target Actual Consolidated operating profit ¥24,300 million ¥22,396 million Net income attributable to owners of the parent ¥15,200 million ¥13,719 million Consolidated ROA 6.5 5.9」
For performance-linked compensation for the fiscal year ended March 2025, the company disclosed targets and actual results for operating profit, profit attributable to owners of the parent and consolidated ROA, with actual results below target in all cases. - FY2024Updated performance-linked compensation targets and resultsAnnual report
「Metric Target Actual Consolidated operating profit ¥27,000 million ¥22,081 million Net income attributable to owners of the parent ¥17,300 million ¥13,712 million Consolidated ROA 7.2 6.1」
Actual operating profit, profit attributable to owners of the parent and consolidated ROA all fell below target for the indicators used for performance-linked compensation. - FY2023Updated performance-linked compensation targets and resultsAnnual report
「The company disclosed the targets and actual results for indicators related to performance-linked compensation for the fiscal year under review. Indicator / Target / Actual Consolidated operating profit / ¥28,500 million / ¥26,053 million Net income attributable to owners of the parent / ¥18,100 million / ¥17,096 million Consolidated ROA / 7.8 / 7.2」
The company disclosed the targets and actual results for indicators related to performance-linked compensation for the fiscal year, with actual operating profit, profit attributable to owners of the parent and ROA all below target. - FY2022AdvancedAnnual report
「The company disclosed the targets and actual results for indicators related to performance-linked compensation for the fiscal year under review. Indicator / Target / Actual Consolidated operating profit / ¥27,500 million / ¥27,825 million Net income attributable to owners of the parent / ¥17,300 million / ¥17,897 million Consolidated ROA / 7.8 / 8.0」
For performance-linked compensation, the company disclosed targets and actual results for operating profit, profit attributable to owners of the parent and ROA, with actual results exceeding targets in all cases. - FY2021AdvancedAnnual report
「Performance-linked compensation and other compensation comprise bonuses (cash compensation) and non-monetary compensation, namely the performance-linked share compensation plan “Share-Based Benefit Trust (BBT = Board Benefit Trust).” The amounts are determined based on certain evaluation criteria or rules established by the company, taking into comprehensive consideration performance indicators including consolidated operating profit, net income attributable to owners of the parent and consolidated ROA, as well as the degree of achievement of objectives and contribution to performance. The basic composition of basic compensation and performance-linked compensation is 70% basic compensation and 30% performance-linked compensation, based on the standard compensation amount, with the performance-linked portion varying according to the degree of achievement of performance targets and other criteria.」
The performance-linked share compensation plan was specified as using consolidated operating profit, profit attributable to owners of the parent and ROA, among other indicators, with basic compensation generally accounting for 70% and the performance-linked portion for 30%. - FY2020-Q2AdvancedAnnual report
「Based on a resolution adopted at the 58th Annual General Meeting of Shareholders held on 21 June 2019, the company introduced a share compensation plan for its directors on 20 August 2019 (the “Plan”).」
The performance-linked share compensation plan decided on in FY2019 was actually introduced on 20 August 2019. The trust-held shares totaled 120 thousand shares, with a carrying amount of ¥255 million. - FY2019First statedAnnual report
「Shares (performance-linked share compensation): maximum of 3 fiscal years / ¥200 million (initially, maximum of 3 fiscal years / ¥400 million)」
For directors’ compensation from the fiscal year ending March 2020 onward, the company first disclosed plans to discontinue its previous stock compensation-type stock option scheme and introduce a performance-linked share compensation plan under which shares and other instruments would be delivered through a trust.