Linkage to Management Metrics Through Performance-Linked Compensation
First written in FY2024. 2 of 5 entries say "Reframed", first in 2026-05-14. Latest entry: FY2026.
- FY2026RaisedAnnual report
「The basic compensation table for executive directors consists of fixed compensation and performance-linked compensation in a ratio of 70% to 30%. Performance-linked compensation consists of short-term incentive compensation (10%) and medium- to long-term incentive compensation (20%), with a system allowing compensation to be increased or decreased within a specified range.」
The weighting of performance-linked compensation was increased from the previous 10% to 30%, and the system was changed to divide it into short-term and medium- to long-term incentives. - FY2025SoftenedAnnual report
「The basic compensation of executive directors consists of fixed compensation and performance-linked compensation in a ratio of 90% to 10%, with a system allowing compensation to be increased or decreased within a specified range. ... In light of trends in performance and other factors during the fiscal year, no targets were set for the management metrics used in performance-linked compensation.」
The system of 90% fixed compensation and 10% performance-linked compensation was maintained, but no targets were set for performance-linked compensation during the fiscal year due to performance trends, and no performance-linked compensation was paid in practice. - FY2024First statedAnnual report
「The basic compensation of executive directors consists of fixed compensation and performance-linked compensation in a ratio of 90% to 10%, with a system allowing compensation to be increased or decreased within a specified range. The management metrics and their weighting for payment of performance-linked compensation are net sales (non-consolidated): operating profit (non-consolidated): net income attributable to owners of the parent (consolidated) = 20%:40%:40%.」
For the compensation of executive directors, the company disclosed for the first time as a separate topic the composition ratio of fixed compensation and performance-linked compensation, as well as the evaluation metrics and weightings based on net sales, operating profit and net income attributable to owners of the parent.