Linking Directors’ Compensation to Shareholder Value Through a Board Benefit Trust
First written in FY2018. 13 of 18 entries say "Restated". Latest entry: 2026-06-04.
21 other companies' latest entry also says "Restated".
- 2026-06-04RestatedGeneral Meetings of Shareholders
「We have introduced this system to clarify the linkage between the compensation of directors and executive officers, hereinafter collectively referred to as the “Directors, etc.,” and the value of our shares, thereby heightening their awareness of contributing to improved medium- to long-term performance and increased corporate value.」
The company continues to describe its policy of linking the compensation of directors and executive officers to share value through a stock-based compensation trust. - FY2025-H1RestatedAnnual report
「We have introduced this system to clarify the linkage between the compensation of directors and executive officers, hereinafter collectively referred to as the “Directors, etc.,” and the value of our shares, thereby heightening their awareness of contributing to improved medium- to long-term performance and increased corporate value.」
The linkage between compensation and share value through the stock benefit trust for directors and executive officers continues. Shares held in trust totaled 11 thousand, with a carrying amount of ¥66 million. - FY2024-Q3RestatedAnnual report
「The treasury shares concerned had a carrying amount of ¥70 million at the end of the previous consolidated fiscal year and ¥66 million during the third-quarter consolidated accounting period, and totaled 11 thousand shares.」
The stock benefit trust (BBT) continues to operate for directors and executive officers, and the shares held in trust and other information at the end of the third quarter were disclosed. - FY2023RestatedAnnual report
「Based on a resolution of the 61st Annual General Meeting of Shareholders held on 26 June 2018, we have introduced a stock-based compensation plan for the Company's directors, excluding outside directors, called the Stock Benefit Trust (BBT). Based on a resolution of the Board of Directors held on 23 April 2021, executive officers were added to the participants covered by the Plan from 22 June 2021.」
The stock benefit trust continues to operate for directors and executive officers. - FY2023-Q3RestatedAnnual report
「We have introduced this plan to clarify the linkage between compensation for directors and executive officers (collectively, the "Directors, etc.") and the value of the Company's shares, and to heighten their awareness of contributing to improved medium- to long-term performance and increased corporate value.……The carrying amount and number of the treasury shares concerned were ¥81 million and 13 thousand shares at the end of the previous consolidated fiscal year, and ¥70 million and 11 thousand shares during the third-quarter consolidated accounting period.」
The purpose and operation of the stock benefit trust (BBT) for directors and executive officers continue to be disclosed. At the end of the third quarter, 11 thousand shares were held in trust, with a carrying amount of ¥70 million. - FY2023-Q1RestatedAnnual report
「Based on a resolution of the 61st Annual General Meeting of Shareholders held on 26 June 2018, we have introduced a stock-based compensation plan for the Company's directors, excluding outside directors, called the Stock Benefit Trust (BBT (Board Benefit Trust)). Based on a resolution of the Board of Directors held on 23 April 2021, executive officers were added to the participants covered by the Plan from 22 June 2021.……First-quarter consolidated accounting period, ¥70 million, 11 thousand shares」
The stock benefit trust (BBT) continues to operate for directors and executive officers. At the end of the first quarter, 11 thousand shares were held in trust, with a carrying amount of ¥70 million disclosed. - FY2022-Q2RaisedAnnual report
「Based on a resolution of the Board of Directors held on 23 April 2021, executive officers were added to the participants covered by the Plan from 22 June 2021.」
Coverage of the stock benefit trust (BBT) was expanded from directors to executive officers, broadening the scope of participants. - FY2022-Q1RestatedAnnual report
「The company introduced this plan to clarify the link between directors' compensation and the company's share value, and to increase their awareness of contributing to improved performance over the medium to long term and greater corporate value.」
The plan linking director compensation to share value through the stock benefit trust (BBT) continues to operate. The shares held in trust totaled 14 thousand, with a carrying amount of ¥84 million. - FY2021RestatedAnnual report
「At the end of the consolidated fiscal year, the treasury shares concerned had a carrying amount of ¥84 million and totaled 14,253 shares.」
The stock benefit trust (BBT) linking director compensation to share value continues to operate, with 14,253 shares held in trust and a carrying amount of ¥84 million. - FY2021-Q3RestatedAnnual report
「The company introduced this plan to clarify the link between directors' compensation and the company's share value, and to increase their awareness of contributing to improved performance over the medium to long term and greater corporate value.」
The purpose and operation of the plan linking director compensation to share value through the stock benefit trust (BBT) continue to be disclosed. - FY2021-Q2RestatedAnnual report
「The company introduced this plan to clarify the link between directors' compensation and the company's share value, and to increase their awareness of contributing to improved performance over the medium to long term and greater corporate value.」
The purpose and operation of the stock benefit trust (BBT) continue to be disclosed. At the end of the second-quarter accounting period, 14 thousand shares were held in trust, with a carrying amount of ¥84 million. - FY2020-Q3RestatedAnnual report
「Based on a resolution of the 61st Annual General Meeting of Shareholders held on 26 June 2018, we have introduced a stock-based compensation plan for the Company's directors, excluding outside directors, called the Stock Benefit Trust (BBT (Board Benefit Trust); the "Plan").」
The stock benefit trust (BBT) linking director compensation to share value continues to operate. - FY2020-Q2RestatedAnnual report
「Based on a resolution of the 61st Annual General Meeting of Shareholders held on 26 June 2018, we have introduced a stock-based compensation plan for the Company's directors, excluding outside directors, called the Stock Benefit Trust (BBT (Board Benefit Trust); the "Plan").」
The stock benefit trust (BBT) linking director compensation to share value continues to operate. - FY2020-Q1RestatedAnnual report
「The company introduced this plan to clarify the link between directors' compensation and the company's share value, and to increase their awareness of contributing to improved performance over the medium to long term and greater corporate value.」
The plan linking director compensation to share value through the stock benefit trust (BBT) continues to operate. - FY2019AdvancedAnnual report
「At the end of the consolidated fiscal year, the treasury shares concerned had a carrying amount of ¥88 million and totaled 14,953 shares.」
The stock benefit trust (BBT) progressed to the operational stage following its introduction, with 14,953 shares held in trust and a carrying amount of ¥88 million recorded. - FY2019-Q2AdvancedAnnual report
「Based on a resolution of the 61st Annual General Meeting of Shareholders held on 26 June 2018, we have introduced a stock-based compensation plan for the Company's directors, excluding outside directors, called the Stock Benefit Trust (BBT (Board Benefit Trust); the "Plan").」
The stock benefit trust (BBT) progressed to the operational and accounting stage following its introduction. At the end of the second quarter, 15,000 shares held in trust, with a carrying amount of ¥88 million, were recorded. - FY2019-Q1AdvancedAnnual report
「Under this disposal of treasury shares, treasury shares will be disposed of through a third-party allotment to Trust E established with Asset Management Service Trust Bank, Ltd. Trust E is the re-trustee that receives a re-trust from Mizuho Trust & Banking Co., Ltd., the trustee of the trust established under the trust agreement concerning this plan with Mizuho Trust & Banking Co., Ltd., for the purpose of holding and disposing of the Company's shares in administering the plan.」
In connection with the introduction of the stock benefit trust (BBT), the Company resolved to dispose of treasury shares to Trust E, with 21 August 2018 as the disposal date, 15,000 common shares and a total disposal amount of ¥88,980,000, marking the transition to implementation of the plan. - FY2018First statedAnnual report
「The Company's Board of Directors resolved to introduce this plan, subject to approval by shareholders at this General Meeting of Shareholders of the proposal concerning directors' compensation, in order to clarify the linkage between compensation for directors (excluding outside directors; the same applies below) and the value of the Company's shares, and to heighten directors' awareness of contributing to improved medium- to long-term performance and increased corporate value by sharing with shareholders not only the benefits of a rising share price but also the risk of a decline in the share price. A proposal concerning this plan was submitted to this General Meeting of Shareholders.」
A policy was disclosed for the first time to introduce a stock benefit trust (BBT) linking director compensation to share value and sharing the risk of a decline in the share price with shareholders. The plan was approved at the General Meeting of Shareholders held on 26 June 2018, with execution of the trust agreement and other steps scheduled for August 2018.