Executive Compensation BIP Trust
First written in FY2017-Q2. 19 of 29 entries say "Restated". Latest entry: FY2027-H1.
78 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 23 June 2026, we resolved to continue this BIP Trust Program through August 2031.」
Resolved to extend the end date of the Executive Compensation BIP Trust Program from August 2026 to August 2031. - FY2026RestatedAnnual report
「At a meeting of the Board of Directors held on 22 June 2021, the company resolved to continue this BIP trust scheme through August 2026.」
The disclosure reconfirms the framework for continuing the executive compensation BIP trust scheme through August 2026. - FY2026-H1RestatedAnnual report
「Based on a resolution adopted at a meeting of the Board of Directors held on 13 April 2016, we introduced the Executive Compensation BIP Trust program (the “BIP Trust Program”) in August 2016 for directors, excluding outside directors and directors residing outside Japan, to increase their motivation to contribute to the enhancement of corporate value over the medium to long term and align their interests with those of shareholders.」
Continues to disclose the eligible participants, implementation period and objectives of the Executive Compensation BIP Trust Program, namely enhancing corporate value over the medium to long term and aligning interests with shareholders. - FY2025AdvancedAnnual report
「A malus provision has been established under which participants lose their rights to receive the relevant performance-linked share compensation or other benefits if they commit a serious violation of their duties or internal rules during their term of office. A clawback provision has also been established under which the company may demand the return of the relevant share compensation if the violation is discovered after the compensation has been delivered.」
Specifically discloses malus and clawback provisions under the BIP trust for directors, covering the forfeiture of rights in the event of serious violations and claims for the return of shares after delivery. - FY2025-Q1RestatedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for its directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders. The Board of Directors resolved at its meeting held on 22 June 2021 to extend the scheme.」
The disclosure continues to cover the eligible participants in and purpose of the executive compensation BIP trust scheme, as well as the resolution to extend it in June 2021. - FY2024RestatedAnnual report
「At a meeting of the Board of Directors held on 22 June 2021, the company resolved to continue this BIP trust scheme through August 2026.」
The executive compensation BIP trust scheme will continue through August 2026 and is operated for eligible directors even after the transition to a company with an Audit and Supervisory Committee. - FY2024-Q3RestatedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for its directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders.」
The disclosure continues to cover the eligible participants in the executive compensation BIP trust scheme and its purposes of enhancing corporate value over the medium to long term and aligning interests with shareholders. - FY2024-Q2Number of Shares Held in Trust UpdatedAnnual report
「The carrying amount and number of shares of the treasury shares were ¥283.045 million and 91,462 shares at the end of the prior consolidated fiscal year, and ¥228.440 million and 73,817 shares during the second quarter of the current consolidated fiscal year, respectively.」
The number of shares held in the executive compensation BIP trust account has been updated to 73,817. - FY2024-Q1ReframedAnnual report
「The Board of Directors resolved at its meeting held on 22 June 2021 to extend the scheme. In addition, at the company's 26th annual general meeting of shareholders held on 24 May 2023, shareholders approved the continuation of the scheme after setting a new compensation limit for the company's directors, excluding directors who are Audit and Supervisory Committee members, outside directors and non-residents of Japan, in connection with the transition to a company with an Audit and Supervisory Committee.」
In connection with the transition to a company with an Audit and Supervisory Committee, the company revised the eligible participants in the BIP trust to directors other than directors who are Audit and Supervisory Committee members and other excluded directors, and has continued the scheme. - FY2023-Q2Number of Shares Held in Trust UpdatedAnnual report
「The carrying amount and number of shares of the treasury shares were ¥311.652 million and 100,706 shares at the end of the prior consolidated fiscal year, and ¥283.045 million and 91,462 shares during the second quarter of the current consolidated fiscal year, respectively.」
The number of shares held in the executive compensation BIP trust account has been updated to 91,462. - FY2023-Q1RestatedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders. The Board of Directors resolved at its meeting held on 22 June 2021 to extend the scheme.」
The disclosure reiterates the executive compensation BIP trust scheme and the policy of continuing it through August 2026. - FY2022RestatedAnnual report
「At a meeting of the Board of Directors held on 22 June 2021, the company resolved to continue this BIP trust scheme through August 2026.」
The disclosure reconfirms the framework for continuing the executive compensation BIP trust scheme through August 2026. - FY2022-Q3RestatedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders. The Board of Directors resolved at its meeting held on 22 June 2021 to extend the scheme.」
The disclosure continues to cover the executive compensation BIP trust scheme introduced in August 2016 and the resolution to extend the scheme in June 2021. - FY2022-Q2AchievedAnnual report
「In addition, based on a resolution of the Board of Directors held on the same date, the company disposed of 26,500 treasury shares in connection with the continuation of the executive compensation BIP trust.」
The disclosure reports the disposal of 26,500 treasury shares in connection with the continuation of the executive compensation BIP trust. - FY2022-Q1AdvancedAnnual report
「Trust term: 4 August 2016 to 20 August 2026 (extended to 20 August 2026 following the amendment to the trust agreement dated 22 June 2021)」
The company plans to continue the executive compensation BIP trust through 20 August 2026 and dispose of 26,500 treasury shares through a third-party allotment. - FY2021-Q2RestatedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders.」
The disclosure reiterates the executive compensation BIP trust scheme introduced in August 2016 and its purposes of increasing motivation to contribute to enhancing corporate value and aligning interests with shareholders. - FY2020-Q2RestatedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders.」
The disclosure reiterates the executive compensation BIP trust scheme introduced in August 2016 and its purposes of increasing motivation to contribute to enhancing corporate value and aligning interests with shareholders. - FY2020-Q1RestatedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders.」
The disclosure reiterates the executive compensation BIP trust scheme introduced in August 2016 and its purposes of increasing motivation to contribute to enhancing corporate value and aligning interests with shareholders. - FY2019RestatedAnnual report
「The company introduced this scheme for directors as a highly transparent and objective executive compensation scheme closely linked to company performance, for the purpose of increasing motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning interests with shareholders.」
The disclosure reiterates the executive compensation BIP trust scheme and its purposes of increasing motivation to contribute to enhancing corporate value and aligning interests with shareholders. - FY2019-Q3RestatedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders.」
The disclosure reiterates the executive compensation BIP trust scheme introduced in August 2016 and its purposes of increasing motivation to contribute to enhancing corporate value and aligning interests with shareholders. - FY2019-Q2RestatedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders.」
The disclosure reiterates the executive compensation BIP trust scheme introduced in August 2016 and its purposes of increasing motivation to contribute to enhancing corporate value and aligning interests with shareholders. - FY2019-Q1RestatedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders.」
The disclosure reiterates the executive compensation BIP trust scheme introduced in August 2016 and its purposes of enhancing corporate value and aligning interests with shareholders. - FY2018-Q2RestatedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders.」
The disclosure reiterates the executive compensation BIP trust scheme introduced in August 2016 and its purposes of increasing motivation to contribute to enhancing corporate value and aligning interests with shareholders. - FY2018-Q1RestatedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders.」
The disclosure reiterates the executive compensation BIP trust scheme introduced in August 2016 and its purposes of increasing motivation to contribute to enhancing corporate value and aligning interests with shareholders. - FY2017RestatedAnnual report
「From the fiscal year ended February 2017, the company introduced a performance-linked share compensation scheme as a highly transparent and objective executive compensation scheme closely linked to company performance, for the purpose of increasing motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning interests with shareholders.」
The disclosure reiterates the executive compensation BIP trust scheme introduced from the fiscal year ended February 2017 and its purposes of enhancing corporate value and aligning interests with shareholders. - FY2017-Q3RestatedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders.」
The disclosure reiterates the executive compensation BIP trust scheme introduced in August 2016 and its purposes of increasing motivation to contribute to enhancing corporate value and aligning interests with shareholders. - FY2017-Q2First statedAnnual report
「Since August 2016, the company has operated an executive compensation BIP trust scheme for directors, excluding outside directors and non-residents of Japan, for the purpose of increasing their motivation to contribute to the company's medium- to long-term enhancement of corporate value and aligning their interests with those of shareholders.」
Since August 2016, the company has operated an executive compensation BIP trust scheme for directors under which shares are delivered based on performance indicators and other criteria.