Encouraging directors to contribute to improving medium- to long-term performance and corporate value through share-based compensation
First written in FY2016. 4 of 10 entries say "Advanced", first in FY2018. Latest entry: FY2026-H1.
6 other companies' latest entry also says "Achieved".
- FY2026-H1AchievedAnnual report
「This was a reduction resulting from the cancellation of 43,900 remaining shares upon termination of the executive compensation BIP trust on 17 February 2026.」
Upon termination of the executive compensation BIP trust, 43,900 remaining shares were cancelled. The company stated that the procedures for terminating the former BIP trust had been completed. - FY2025Achievement rate for the performance-linked bonus: 93%Annual report
「The performance-linked bonus, which is performance-linked compensation, is determined each fiscal year using operating profit, ordinary profit and net income attributable to owners of the parent as performance indicators, based on year-on-year comparisons and the achievement rate against the plan figures disclosed in the earnings report, while also considering trends at other companies and other factors. The achievement rate for the fiscal year was 93%.」
The company disclosed an achievement rate of 93% for the performance-linked bonus, which uses operating profit, ordinary profit and net income attributable to owners of the parent as indicators. - FY2023Achievement rate for the performance-linked bonus: 81%Annual report
「The achievement rate for the fiscal year was 81%.」
The company disclosed an achievement rate of 81% for the performance-linked bonus, which uses operating profit, ordinary profit and net income attributable to owners of the parent as indicators. - FY2022AdvancedAnnual report
「The performance-linked bonus, which is performance-linked compensation, is determined each fiscal year using operating profit, ordinary profit and net income attributable to owners of the parent as performance indicators, based on year-on-year comparisons and the achievement rate against the plan figures disclosed in the earnings report, while also considering trends at other companies and other factors. The achievement rate for the fiscal year was 134%.」
The company disclosed that the performance-linked bonus was determined using operating profit, ordinary profit and net income attributable to owners of the parent as indicators, with an achievement rate of 134% for the fiscal year. - FY2021AdvancedAnnual report
「When targets are achieved, the proportions of cash compensation, comprising “base compensation” and “performance-linked bonuses,” and non-cash compensation, comprising “restricted stock compensation,” will be set at an indicative ratio of 6:2:2.」
Following the change to restricted stock compensation, the company disclosed an indicative compensation mix of 6:2:2 for base compensation, performance-linked bonuses and stock-based compensation, as well as a performance-linked mechanism using operating profit and other metrics. - FY2020AdvancedAnnual report
「Other (disposal of treasury shares under the restricted stock compensation plan) 62,800 63,428,000」
Based on the policy of stopping additional contributions to the BIP trust and changing to a restricted stock compensation plan, 62,800 treasury shares were disposed of. - FY2019ReframedAnnual report
「As the stock-based compensation plan was changed to a restricted stock compensation plan at the 72nd Annual General Meeting of Shareholders held on 20 December 2019, the company decided not to make additional contributions to the former stock-based compensation plan, the executive compensation BIP trust.」
Additional contributions to the former executive compensation BIP trust ceased after the fiscal year ended September 2019, and the company changed to a restricted stock compensation plan from the fiscal year ending September 2020. - FY2018AdvancedAnnual report
「The reduction of 42 thousand treasury common shares resulted from the delivery of shares from the executive compensation BIP trust account to eligible recipients.」
The company reported the delivery of 42 thousand shares from the executive compensation BIP trust account to eligible recipients as a full-year result under the stock-based compensation plan. - FY2017RestatedAnnual report
「The company is introducing this system for 5 consecutive fiscal years, initially covering the 5 fiscal years from the fiscal year ending 30 September 2015 to the fiscal year ending 30 September 2019, and, if the trust period described below is extended, each subsequent period of 5 fiscal years. These periods are referred to below as the “Eligible Period.”」
The directors’ stock-based compensation plan, with 5-fiscal-year periods, a contribution limit of ¥350 million and an annual limit of 92,000 points, remains in place. - FY2016First statedAnnual report
「The company is introducing this system for 5 consecutive fiscal years, initially covering the 5 fiscal years from the fiscal year ending 30 September 2015 to the fiscal year ending 30 September 2019, and, if the trust period described below is extended, each subsequent period of 5 fiscal years. These periods are referred to below as the “Eligible Period.”」
The company introduced a stock-based compensation plan for directors, with a contribution limit of ¥350 million per 5-fiscal-year period and an annual limit of 92,000 points, stating that stock grants would encourage directors to contribute to medium- to long-term performance improvement and increased corporate value.