Introduction of a BBT Performance-Linked Share-Based Compensation Plan
First written in FY2020. 2 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2026.
26 other companies' latest entry also says "Other".
- FY2026Decrease in shares held in the BBT trustAnnual report
「The carrying value and number of the Company’s shares remaining in the trust were ¥699 million and 845 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥627 million and 758 thousand shares, respectively, at the end of the current consolidated fiscal year.」
Shares held in trust under the BBT declined from 845 thousand to 758 thousand. The annual plan cap of 45,400 points remains unchanged. - FY2026-H1Decrease in shares held by the BBT trustAnnual report
「The trust assets of “Stock Benefit Trust (BBT (Board Benefit Trust))” include 799,700 of the Company’s shares, representing 7,997 voting rights, held by Custody Bank of Japan, Ltd. (Trust E Account).」
Shares held in trust under the BBT declined from 845 thousand at the end of the previous fiscal year to 799,700, resulting in a decrease in the number of shares held. - FY2025AdvancedAnnual report
「The carrying value and number of the Company’s shares remaining in the trust were ¥113 million and 313 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥699 million and 845 thousand shares, respectively, at the end of the current consolidated fiscal year.」
The number of shares held in trust under the BBT increased to 845 thousand. Operation of the plan is progressing under the annual cap of 45,400 points introduced in the 2024 revision. - FY2024RaisedAnnual report
「The total number of points granted to directors and other eligible recipients per fiscal year is capped at 45,400 points, of which 18,300 points are allocated to directors.」
At the June 2024 shareholders’ meeting, a resolution was passed to revise the BBT plan by raising the annual point cap from 31,400 to 45,400 points, increasing the proportion of performance-linked compensation and value sharing with shareholders. - FY2022RestatedAnnual report
「The carrying value and number of the Company’s shares remaining in the trust were ¥140 million and 77 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥137 million and 76 thousand shares, respectively, at the end of the current consolidated fiscal year.」
Continues to disclose the record of shares held in trust under the BBT performance-linked stock compensation plan. - FY2021AdvancedAnnual report
「The Company’s shares remaining in the trust are recognised as treasury shares under net assets at their carrying value in the trust, excluding related expenses. At the end of the consolidated fiscal year, the carrying value and number of these treasury shares were ¥140 million and 77 thousand shares, respectively.」
For the BBT introduced in June 2020, the plan had progressed to the acquisition and recognition by the trust of 77,600 of the Company’s shares. - FY2020First statedAnnual report
「Following a resolution at the 50th Annual General Meeting of Shareholders held on 26 June 2020, the Company decided to introduce the performance-linked stock compensation plan “Stock Benefit Trust (BBT (Board Benefit Trust))” for its directors, excluding outside directors, and executive officers who do not concurrently serve as directors.」
Disclosed the design of a new performance-linked stock compensation plan from the fiscal year ending March 2021, with required funding capped at ¥141 million for the fiscal years ending March 2021 through March 2023 and, in principle, at ¥235 million every 5 business years thereafter.