Aligning Interests with Shareholders Through Performance-Linked Compensation and an Executive Shareholding Association
First written in FY2019. 6 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The target for net income attributable to owners of the parent, the performance-linked compensation metric for the fiscal year, was ¥13,900 million, compared with actual net income of ¥15,051 million.」
The Company has disclosed that actual net income was ¥15,051 million against the ¥13,900 million target under the performance-linked compensation metric. - FY2024AdvancedAnnual report
「The target for net income attributable to owners of the parent, the performance-linked compensation metric for the fiscal year, was ¥11,900 million, compared with actual net income of ¥12,343 million.」
Under the performance-linked compensation scheme, actual net income was ¥12,343 million against the ¥11,900 million target, and ¥130 million in performance-linked compensation was recognized. - FY2023AdvancedAnnual report
「The target for net income attributable to owners of the parent, the performance-linked compensation metric for the fiscal year, was ¥10,900 million, compared with actual net income of ¥12,252 million.」
Under the performance-linked compensation scheme, actual net income was ¥12,252 million against the ¥10,900 million target, and ¥180 million in performance-linked compensation was recognized. - FY2022AdvancedAnnual report
「The target for net income attributable to owners of the parent, the performance-linked compensation metric for the fiscal year, was ¥8,400 million, compared with actual net income of ¥9,240 million.」
Under the performance-linked compensation scheme, actual net income was ¥9,240 million against the ¥8,400 million target, and ¥236 million in performance-linked compensation was recognized. - FY2021AdvancedAnnual report
「The target for net income attributable to owners of the parent, the performance-linked compensation metric for the fiscal year, was ¥6,600 million, compared with actual net income of ¥7,028 million.」
Under the performance-linked compensation scheme, actual net income was ¥7,028 million against the ¥6,600 million target, and ¥180 million in performance-linked compensation was recognized. - FY2020AdvancedAnnual report
「The target for net income attributable to owners of the parent, the performance-linked compensation metric for the fiscal year, was ¥8,700 million, compared with actual net income of ¥9,093 million.」
Under the performance-linked compensation scheme, actual net income was ¥9,093 million against the ¥8,700 million target, and ¥233 million in performance-linked compensation was recognized. The Company has also disclosed a system under which 20% of compensation after tax is contributed to the directors’ stock ownership plan. - FY2019First statedAnnual report
「The Company will increase the performance-linked component of performance-linked compensation and strengthen the sharing of long-term interests with shareholders.」
The Company has disclosed a system under which it introduces performance-linked compensation capped at 2.5% of net income attributable to owners of the parent, or ¥250 million per year, and contributes an amount equivalent to 20% of performance-linked compensation after tax to the directors’ stock ownership plan, which is used to purchase the Company’s shares over a 12-month period beginning each July.