Performance-linked compensation tied to consolidated ordinary profit
First written in FY2019. . Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 15 companies on the "Worse" side.
47 other companies' latest entry also says "Other".
- FY2026Updated annual targets and results for performance-linked compensationAnnual report
「The target for the current fiscal year was ¥6,373 million, up 64.3% year on year, and the actual result was ¥5,825 million, up 50.2% year on year.」
The company uses consolidated ordinary profit as the key indicator for performance-linked compensation and discloses that the actual result was ¥5,825 million against an annual target of ¥6,373 million. - FY2025Updated annual targets and results for performance-linked compensationAnnual report
「The target for the current fiscal year was ¥5,236 million, up 21.1% year on year, and the actual result was ¥3,879 million, down 10.3% year on year.」
For performance-linked compensation based on consolidated ordinary profit, the company discloses that the actual result was ¥3,879 million against an annual target of ¥5,236 million. - FY2024Updated annual targets and results for performance-linked compensationAnnual report
「The target for the current fiscal year was ¥6,123 million, up 20.7% year on year, and the actual result was ¥4,323 million, down 14.8% year on year.」
The company uses consolidated ordinary profit as the key indicator for performance-linked compensation and discloses that the actual result was ¥4,323 million against an annual target of ¥6,123 million. - FY2022Updated annual target and actual result for performance-linked compensationAnnual report
「The key indicator for performance-linked compensation is consolidated ordinary profit. The target for the current fiscal year was ¥5,602 million, up 24.2% year on year, and the actual result was ¥5,153 million, up 14.2% year on year.」
The company uses consolidated ordinary profit as the key indicator for performance-linked compensation and discloses that the actual result was ¥5,153 million against a target of ¥5,602 million. - FY2021Updated annual target and actual result for performance-linked compensationAnnual report
「The key indicator for performance-linked compensation is consolidated ordinary profit. The target for the current fiscal year was ¥4,401 million, up 3.5% year on year, and the actual result was ¥4,512 million, up 6.2% year on year.」
The company uses consolidated ordinary profit as the key indicator for performance-linked compensation and discloses that the actual result was ¥4,512 million against a current-year target of ¥4,401 million. - FY2020Updated annual target and actual result for performance-linked compensationAnnual report
「For the current fiscal year, the target for the indicator used for performance-linked compensation was consolidated ordinary profit of ¥5,353 million, up 123.4% year on year, while the actual result was consolidated ordinary profit of ¥4,250 million, up 77.4% year on year.」
For performance-linked compensation based on consolidated ordinary profit, the company discloses a current-year target of ¥5,353 million and an actual result of ¥4,250 million. - FY2019First statedAnnual report
「The indicator used for performance-linked compensation is consolidated ordinary profit. From the perspective of emphasizing shareholders, the company uses the ordinary profit margin on net sales as an objective management indicator for achieving its profitability targets and has selected this indicator for performance-linked compensation. The amount of performance-linked compensation is determined by multiplying the previous year's amount by the year-on-year change rate in consolidated ordinary profit. For the current fiscal year, the target for the indicator used for performance-linked compensation was consolidated ordinary profit of ¥5,100 million, up 8.6% year on year, while the actual result was consolidated ordinary profit of ¥2,396 million, down 49.8% year on year.」
For executive performance-linked compensation, the company has disclosed for the first time that consolidated ordinary profit is the indicator, that the calculation is based on the previous year's compensation multiplied by the year-on-year change rate in that profit, and the current year's target and actual result.