Policy for Calculating Performance-Linked Compensation
First written in FY2018. 5 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
「Performance-linked compensation is generally targeted at 15% to 40% of directors’ compensation, and actual net income attributable to owners of the parent, the performance-linked compensation metric for the fiscal year, was ¥1,700.184 million.」
The guideline range of 15% to 40% for performance-linked compensation was maintained, while actual net income, the relevant metric, increased from ¥1,080.771 million in the previous fiscal year to ¥1,700.184 million. - FY2025AdvancedAnnual report
「Performance-linked compensation is generally targeted at 15% to 40% of directors’ compensation, and actual net income attributable to owners of the parent, the performance-linked compensation metric for the fiscal year, was ¥1,080.771 million.」
The guideline range of 15% to 40% for performance-linked compensation was maintained, while actual net income, the relevant metric, increased from ¥1,045.695 million in the previous fiscal year to ¥1,080.771 million. - FY2024AdvancedAnnual report
「Performance-linked compensation is generally targeted at 15% to 40% of directors’ compensation, and actual net income attributable to owners of the parent, the performance-linked compensation metric for the fiscal year, was ¥1,045.695 million.」
The guideline range of 15% to 40% for performance-linked compensation was maintained, while actual net income attributable to owners of the parent, the relevant metric, was ¥1,045.695 million. - FY2023AdvancedAnnual report
「Performance-linked compensation is generally targeted at 15% to 40% of directors’ compensation, and actual net income attributable to owners of the parent, the performance-linked compensation metric for the fiscal year, was ¥699.449 million.」
The guideline range for performance-linked compensation was explicitly stated as 15% to 40%, and actual net income of ¥699.449 million was reported as the fiscal-year performance metric. - FY2020AdvancedAnnual report
「The target for net income attributable to owners of the parent, the performance-linked compensation metric for the fiscal year, was ¥530 million, while actual net income was ¥663.715 million.」
The company specifically disclosed a target of ¥530 million for net income attributable to owners of the parent as the performance-linked compensation metric, with actual net income of ¥663.715 million. - FY2019RestatedAnnual report
「Performance-linked compensation (bonuses) is determined based primarily on consolidated net income for one fiscal year, with the amount paid determined according to the degree to which performance targets are achieved.」
The company specifically disclosed its policy of determining performance-linked compensation based on consolidated net income for one fiscal year and the degree to which performance targets are achieved. - FY2018First statedAnnual report
「Compensation levels are calculated by considering those of peer companies and determining a fixed compensation component and a performance-linked component based on business performance and each officer’s contribution.」
For director compensation, the company disclosed for the first time its policy of calculating performance-linked compensation based on business performance and each director’s contribution, in addition to fixed compensation.