Operation of the Performance-Linked Stock Compensation Plan
First written in FY2017. 5 of 25 entries say "Restated". Latest entry: FY2027-H1.
21 other companies' latest entry also says "Other".
- FY2027-H1Interim-period update to the number of shares held by the executive compensation BIP trustAnnual report
「The average number of shares during the period held by the trust was 183,325 shares in the previous interim consolidated accounting period and 253,843 shares in the current interim consolidated accounting period.」
The company continued to deduct shares held by the executive compensation BIP trust as treasury shares from the average number of shares during the period, with 253,843 shares subject to deduction in the current interim period. - FY2026Update to BIP trust terms and shares heldAnnual report
「Trust period: 13 July 2015–31 July 2030 / Maximum trust funding: ¥910 million / Total number of shares scheduled to be acquired for eligible directors: 297,475 shares」
For the executive compensation BIP trust, the trust period, maximum trust funding and number of eligible shares were disclosed, and shares held by the trust at the end of the current fiscal year totaled 297,475. The share compensation performance metric shows net income attributable to owners of the parent of ¥5,339 million, a target of ¥3,900 million and an achievement rate of 136.8%. - FY2026-H1Interim-period update to the number of shares held by the executive compensation BIP trustAnnual report
「The weighted-average number of the Company's shares held by the trust was 148,677 shares in the previous interim cumulative consolidated period and 183,325 shares in the current interim cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues, and the shares deducted in the current interim period totaled 183,325 shares. - FY2025-H1Interim-period update to the number of shares held by the executive compensation BIP trustAnnual report
「The weighted-average number of the Company's shares held by the trust was 149,475 shares in the previous interim cumulative consolidated period and 148,677 shares in the current interim cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues, and the shares deducted in the current interim period totaled 148,677 shares. - FY2024ReframedAnnual report
「From the fiscal year ending February 2025, executive bonuses will use consolidated operating profit before deducting performance-linked compensation as the performance metric, in line with the indicators in the medium-term management plan, because they are compensation for achieving the performance targets for each fiscal year under the plan, with the aim of strengthening incentives to achieve the plan. Share compensation, which is non-monetary compensation, will continue to use net income attributable to owners of the parent as the performance metric because it is intended to promote the enhancement of corporate value over the medium to long term.」
From the fiscal year ending February 2025, the plan was redesigned so that the performance metric for executive bonuses changed from net income attributable to owners of the parent to consolidated operating profit, while the performance metric for share compensation continues to be that income. - FY2023RestatedAnnual report
「This plan adopts a structure known as an executive compensation BIP (Board Incentive Plan) trust.」
The BIP trust-based share compensation plan, under which points are granted based on the achievement of net income attributable to owners of the parent and the Company's shares are delivered upon retirement or other events, continues to operate. The trust period runs through 31 July 2025, and the number of eligible shares is 149,475. - FY2023-Q1Update to the number of shares held by the executive compensation BIP trust for the first quarter of the 59th fiscal yearAnnual report
「The weighted-average number of the Company's shares held by the trust was 159,519 shares in the previous first-quarter cumulative consolidated period and 149,475 shares in the current first-quarter cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues, and the shares deducted in the current first-quarter cumulative period totaled 149,475 shares. - FY2022-Q3Update to the number of shares held by the executive compensation BIP trustAnnual report
「The weighted-average number of the Company's shares held by the trust was 113,994 shares in the previous third-quarter cumulative consolidated period and 156,354 shares in the current third-quarter cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues, and the shares deducted in the current third-quarter cumulative period totaled 156,354 shares. - FY2022-Q2Update to the number of shares held by the executive compensation BIP trustAnnual report
「The weighted-average number of the Company's shares held by the trust was 91,019 shares in the previous second-quarter cumulative consolidated period and 157,702 shares in the current second-quarter cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues, and the shares deducted in the current second-quarter cumulative period totaled 157,702 shares. - FY2022-Q1Update to the number of shares held by the executive compensation BIP trust for the first quarter of the 58th fiscal yearAnnual report
「The weighted-average number of the Company's shares held by the trust was 61,150 shares in the previous first-quarter cumulative consolidated period and 159,519 shares in the current first-quarter cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues, and the shares deducted in the current first-quarter cumulative period totaled 159,519 shares. - FY2021Update to the number of shares held by the executive compensation BIP trustAnnual report
「The carrying amount and number of these treasury shares were ¥195 million and 61,150 shares at the end of the previous consolidated fiscal year, and ¥349 million and 160,450 shares at the end of the current consolidated fiscal year.」
The number of shares held by the executive compensation BIP trust increased from 61,150 shares at the end of the previous fiscal year to 160,450 shares at the end of the current fiscal year. - FY2021-Q3Update to the number of shares held by the executive compensation BIP trustAnnual report
「The weighted-average number of the Company's shares held by the trust was 61,577 shares in the previous third-quarter cumulative consolidated period and 113,994 shares in the current third-quarter cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues, and the shares deducted in the current third-quarter cumulative period totaled 113,994 shares. - FY2021-Q2Update to the number of shares held by the executive compensation BIP trustAnnual report
「The weighted-average number of the Company's shares held by the trust was 61,788 shares in the previous second-quarter cumulative consolidated period and 91,019 shares in the current second-quarter cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues, and the shares deducted in the current second-quarter cumulative period totaled 91,019 shares. - FY2021-Q1Update to the number of shares held by the executive compensation BIP trustAnnual report
「The weighted-average number of the Company's shares held by the trust was 74,141 shares in the previous first-quarter cumulative consolidated period and 61,150 shares in the current first-quarter cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues, and the shares deducted in the current first-quarter cumulative period totaled 61,150 shares. - FY2020RaisedAnnual report
「The Company and 5 of its subsidiaries resolved at each company's board meeting held in May 2020 to extend the covered period of this plan through the fiscal year ending February 2025. In addition, 4 of the Company's subsidiaries, 株式会社日洋, 株式会社ベストランス, 株式会社プロシスタス and 株式会社ソシアリンク, also resolved to add executive vice presidents to the eligible directors, excluding those who are directors of the Company and employees of わらべや日洋株式会社.」
The covered period of the executive compensation BIP trust was extended through the fiscal year ending February 2025, and executive vice presidents were added to the eligible participants at 4 subsidiaries. The plan's duration and scope have been expanded. - FY2020-Q3Update to the number of shares held by the executive compensation BIP trustAnnual report
「The weighted-average number of the Company's shares held by the trust was 68,431 shares in the previous third-quarter cumulative consolidated period and 61,577 shares in the current third-quarter cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues, and the shares deducted in the current third-quarter cumulative period totaled 61,577 shares. - FY2020-Q2Update to the number of shares held by the executive compensation BIP trustAnnual report
「The weighted-average number of the Company's shares held by the trust was 71,379 shares in the previous second-quarter cumulative consolidated period and 61,788 shares in the current second-quarter cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues, and the shares deducted in the current second-quarter cumulative period totaled 61,788 shares. - FY2020-Q1Update to the number of shares held by the executive compensation BIP trustAnnual report
「The weighted-average number of the Company's shares held by the trust was 79,370 shares in the previous first-quarter cumulative consolidated period and 74,141 shares in the current first-quarter cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues, and the shares deducted in the current first-quarter cumulative period totaled 74,141 shares. - FY2019Update to the number of shares held by the executive compensation BIP trustAnnual report
「The carrying amount and number of these treasury shares were ¥253 million and 79,370 shares at the end of the previous consolidated fiscal year, and ¥199 million and 62,470 shares at the end of the current consolidated fiscal year.」
The number of the Company's shares held by the executive compensation BIP trust was updated from 79,370 shares at the end of the previous fiscal year to 62,470 shares at the end of the current fiscal year. - FY2019-Q3Update to the number of shares held by the executive compensation BIP trustAnnual report
「The weighted-average number of the Company's shares held by the trust was 77,639 shares in the previous third-quarter cumulative consolidated period and 68,431 shares in the current third-quarter cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues to be disclosed. The shares deducted in the current third-quarter cumulative period totaled 68,431 shares. - FY2019-Q1RestatedAnnual report
「The treasury shares deducted in calculating the weighted-average number of common shares outstanding during the period include the Company's shares held by the executive compensation BIP trust. The weighted-average number of the Company's shares held by the trust was 75,800 shares in the previous first-quarter cumulative consolidated period and 79,370 shares in the current first-quarter cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues to be disclosed. The shares deducted in the current first quarter totaled 79,370 shares. - FY2018RestatedAnnual report
「Points are granted to eligible directors based on the degree to which consolidated earnings forecasts attributable to owners of the parent are achieved, and the Company's shares corresponding to those points are delivered.」
The BIP trust-based share compensation plan linked to the achievement of net income attributable to owners of the parent continues to operate. - FY2018-Q3RestatedAnnual report
「The weighted-average number of the Company's shares held by the trust was 76,064 shares in the previous third-quarter cumulative consolidated period and 77,639 shares in the current third-quarter cumulative consolidated period.」
The deduction of shares held by the executive compensation BIP trust from the weighted-average number of shares outstanding during the period, treating them as treasury shares, continues to be disclosed. - FY2018-Q1RestatedAnnual report
「The treasury shares deducted in calculating the weighted-average number of common shares outstanding during the period include the Company's shares held by the executive compensation BIP trust. The weighted-average number of the Company's shares held by the trust was 76,500 shares in the previous first-quarter cumulative consolidated period and 75,800 shares in the current first-quarter cumulative consolidated period.」
The operation of the executive compensation BIP trust and the accounting treatment of shares held by the trust as treasury shares continue to be disclosed. - FY2017First statedAnnual report
「Points are granted to eligible directors based on the degree to which consolidated earnings forecasts attributable to owners of the parent are achieved, and the Company's shares corresponding to those points are delivered.」
A BIP trust for executive compensation is operated using net income attributable to owners of the parent as the performance metric. The trust period runs from 13 July 2015 to 31 July 2020, and the maximum trust funding is ¥300 million.