Sharing interests with shareholders through the Stock Benefit Trust (BBT)
First written in FY2018. 7 of 22 entries say "Restated". Latest entry: FY2026.
Mitsui Matsushima Holdings moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
8 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In addition to the original purpose of the current BBT scheme, this revision is intended to ensure that the Company's officers and others receive restricted shares while in office and hold rights similar to those of shareholders, including voting rights and the right to receive dividends, thereby encouraging them to perform their duties with a perspective and sense of value sharing even closer to that of the Company's shareholders.」
A proposal has been submitted to transition the BBT scheme, which was previously based primarily on benefits paid upon retirement, to BBT-RS, under which restricted shares are delivered during an officer's tenure, changing the mechanism for sharing value with shareholders. - FY2026-H1Update of shares heldAnnual report
「3. The 196,600 shares (1,966 hundred shares) of the Company owned by Custody Bank of Japan, Ltd. (Trust Account E) in connection with the Share Delivery Trust (BBT), whose introduction was approved at the 162nd Annual General Meeting of Shareholders held on 22 June 2018, are included in the number of treasury shares.」
The shares held in Trust Account E under the BBT are stated as 1,966 hundred shares (196,600 shares), updated from the previous 1,980 hundred shares. - FY2025AdvancedAnnual report
「The Company contributed ¥792 million, and Custody Bank of Japan, Ltd. (Trust Account E) acquired 210,800 of the Company's shares. Of these, 12,800 shares were delivered to the Company's officers and others who had retired by June 2024. In addition, the Company contributed ¥582 million and acquired 124,881 of its shares for the 3 fiscal years from the fiscal year ended at the end of March 2025 through the fiscal year ending at the end of March 2027.」
Under the BBT, cumulative contributions of ¥792 million, the acquisition of 210,800 shares and the delivery of 12,800 shares to retiring officers and others are disclosed, together with an additional ¥582 million and 124,881 shares for the 3 fiscal years beginning with the fiscal year ending March 2025. - FY2025-H1Update of shares heldAnnual report
「The “Fully Voting Shares (Treasury Shares, etc.)” column includes 1,320,600 treasury shares owned by the Company and 198,000 of the Company's shares owned by Custody Bank of Japan, Ltd. (Trust Account E), representing 1,980 voting rights.」
The shares held in Trust Account E under the Share Delivery Trust (BBT) have been disclosed as 198,000 shares, representing 1,980 voting rights, updated from the previous 62,900 shares. - FY2024-Q2Update of shares heldAnnual report
「The “Fully Voting Shares (Treasury Shares, etc.)” column includes 478,400 treasury shares owned by the Company and 62,900 of the Company's shares owned by Custody Bank of Japan, Ltd. (Trust Account E), representing 629 voting rights.」
The shares held in Trust Account E under the Share Delivery Trust (BBT) have been disclosed as 62,900 shares, representing 629 voting rights, updated from the previous 70,000 shares. - FY2023-Q3Update of shares heldAnnual report
「The “Fully Voting Shares (Treasury Shares, etc.)” column includes 600 treasury shares owned by the Company and 70,000 of the Company's shares owned by Custody Bank of Japan, Ltd. (Trust Account E), representing 700 voting rights.」
The shares held in Trust Account E under the Share Delivery Trust (BBT) have been disclosed as 70,000 shares, representing 700 voting rights, updated from the previous disclosure of 54,300 shares. - FY2023-Q2Update of shares heldAnnual report
「The “Fully Voting Shares (Treasury Shares, etc.)” column includes 600 treasury shares owned by the Company and 70,000 of the Company's shares owned by Custody Bank of Japan, Ltd. (Trust Account E), representing 700 voting rights.」
The shares held in Trust Account E under the Share Delivery Trust (BBT) are disclosed as 70,000 shares, representing 700 voting rights. - FY2022AdvancedAnnual report
「The Company contributed ¥111 million, and the Share Delivery Trust acquired 59,200 of the Company's shares. Of these, 4,900 shares were delivered to 2 directors who retired upon the conclusion of the 164th Annual General Meeting of Shareholders held in June 2020 and 1 director who retired upon the conclusion of the 165th Annual General Meeting of Shareholders held in June 2021.」
Under the BBT, the delivery of a total of 4,900 shares to 3 retiring directors is disclosed. In addition, ¥48 million was contributed in May 2022 to fund future deliveries. - FY2022-Q3RestatedAnnual report
「The “Fully Voting Shares (Treasury Shares, etc.)” column includes 500 treasury shares owned by the Company and 54,300 of the Company's shares owned by Custody Bank of Japan, Ltd. (Trust Account E), representing 543 voting rights.」
The 54,300 shares and 543 voting rights held in Trust Account E under the Share Delivery Trust (BBT) have been reconfirmed as part of the treasury shares, etc. - FY2022-Q2Update of shares heldAnnual report
「The “Fully Voting Shares (Treasury Shares, etc.)” column includes 500 treasury shares owned by the Company and 54,300 of the Company's shares owned by Custody Bank of Japan, Ltd. (Trust Account E), representing 543 voting rights.」
The shares held in Trust Account E under the BBT have been disclosed as 54,300 shares, updating the previous holding of 57,000 shares. - FY2021AdvancedAnnual report
「The Company contributed ¥111 million, and the Share Delivery Trust acquired 59,200 of the Company's shares. Of these, 2,200 shares were delivered to 2 directors who retired upon the conclusion of the 164th Annual General Meeting of Shareholders held in June 2020.」
Under the BBT, 2,200 shares were delivered to 2 retiring directors, reducing the number of shares held in trust from 59,200 to 57,000. - FY2021-Q2Update of shares heldAnnual report
「The “Fully Voting Shares (Treasury Shares, etc.)” column includes 500 treasury shares owned by the Company and 57,000 of the Company's shares owned by Custody Bank of Japan, Ltd. (Trust Account E), representing 570 voting rights. JTC Holdings Co., Ltd., Japan Trustee Services Bank, Ltd. and Trust & Custody Services Bank, Ltd. merged on 27 July 2020 and changed their corporate name to Custody Bank of Japan, Ltd.」
The 57,000 shares held in Trust Account E under the BBT, representing 570 voting rights, have been disclosed, reflecting the change of name accompanying the former trust-bank integration. - FY2020RestatedAnnual report
「The Company has established this trust by contributing the following funds as the source of funds for the acquisition of the Company's shares by the trust, in order to introduce this scheme for the 3 fiscal years from the fiscal year ending at the end of March 2019 through the fiscal year ending at the end of March 2021 and provide the Company's shares and other equity instruments to the Company's officers and others.」
The terms of the BBT scheme have been reconfirmed, with a 3-fiscal-year coverage period, a contribution limit of ¥111 million for each period and a share acquisition limit of 118,000 shares. - FY2020-Q3RestatedAnnual report
「The “Shares with Full Voting Rights (Treasury Stock, etc.)” section includes 200 shares of treasury stock held by the company and 59,200 shares of the company's stock held by Asset Management Service Trust Bank, Ltd. (Trust Account E), representing 592 voting rights.」
The 59,200 shares held in Trust Account E in connection with the Stock Benefit Trust (BBT) continue to be disclosed as treasury stock and other holdings. - FY2020-Q2RestatedAnnual report
「The “Shares with Full Voting Rights (Treasury Stock, etc.)” section includes 200 shares of treasury stock held by the company and 59,200 shares of the company's stock held by Asset Management Service Trust Bank, Ltd. (Trust Account E), representing 592 voting rights.」
The 59,200 shares held in Trust Account E in connection with the Stock Benefit Trust (BBT) continue to be disclosed as treasury stock and other holdings. - FY2020-Q1RestatedAnnual report
「The “Shares with Full Voting Rights (Treasury Stock, etc.)” section includes 200 shares of treasury stock held by the company and 59,200 shares of the company's stock held by Asset Management Service Trust Bank, Ltd. (Trust Account E), representing 592 voting rights.」
The 59,200 shares held in Trust Account E in connection with the Stock Benefit Trust (BBT) continue to be disclosed as treasury stock and other holdings. - FY2019RestatedAnnual report
「The company introduced this plan for the 3 fiscal years from the fiscal year ending March 2019 through the fiscal year ending March 2021 and contributed ¥111 million to fund the acquisition of the company's shares by the trust for the purpose of providing the company's shares and other benefits to its officers and other eligible persons.」
The annual report reconfirms the details of the BBT plan, which has an eligible period of 3 fiscal years and a trust funding limit of ¥111 million. - FY2019-Q3RestatedAnnual report
「During the second-quarter consolidated accounting period, the company acquired 59,200 shares of treasury stock pursuant to the trust agreement for the “Stock Benefit Trust (BBT).”」
For BBT, the company continues to disclose the 59,200 shares of treasury stock acquired under the trust agreement in the second quarter as treasury stock at the end of the current third quarter. - FY2019-Q2AdvancedAnnual report
「During the current second-quarter consolidated accounting period, the company acquired 59,200 shares of treasury stock pursuant to the trust agreement for the “Stock Benefit Trust (BBT).”」
The Stock Benefit Trust (BBT) has progressed from the introduction plan to the acquisition of 59,200 shares of treasury stock under the trust agreement and the implementation of the related accounting treatment. - FY2018First statedAnnual report
「At a meeting of the board of directors held on 11 May 2018, the company resolved to introduce a new stock-based compensation plan for its directors and executive officers, the “Stock Benefit Trust (BBT (Board Benefit Trust)),” which was approved at the Annual General Meeting of Shareholders. The initial eligible period covers the 3 fiscal years from the fiscal year ending March 2019 through the fiscal year ending March 2021, with a trust funding limit of ¥111 million for each eligible period and an acquisition limit of 118,000 shares for the initial eligible period.」
The company describes, as a plan approved by the Annual General Meeting of Shareholders, a system introducing share price-linked compensation for directors and stock-based compensation for Audit & Supervisory Committee members, with the risks, including the risk of a decline in the share price, shared with shareholders.