Introduction of a Performance-Linked Share Compensation Scheme Using a Trust
First written in FY2020-Q2. 5 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2026.
77 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「At a meeting of the Board of Directors held on 25 June 2025, the company resolved to continue this plan within the scope of the resolution of the 211th Annual General Meeting of Shareholders referred to in ②. The plan will continue through the fiscal year ending March 2028.」
The company confirmed that the trust-based performance-linked share-based compensation plan will continue through the fiscal year ending March 2028, and that both the operating profit and ROE targets were exceeded in fiscal 2025. - 2026-06-09AdvancedGeneral Meetings of Shareholders
「At a meeting of the Board of Directors held on 25 June 2025, the Company resolved to continue the plan within the scope of the resolution adopted at the 211th Annual General Meeting of Shareholders referred to in (2) above. The plan will remain in effect through the fiscal year ending at the end of March 2028.」
The trust-based performance-linked share remuneration plan will continue through the fiscal year ending at the end of March 2028. Actual consolidated operating income was ¥9.1 billion against a target of ¥8.0 billion, and consolidated ROE was 10.2% against a target of 8.0%. - FY2024AdvancedAnnual report
「The targets and results for the performance-linked share-based compensation metrics were as follows. Consolidated operating profit ¥8.5 billion ¥9.1 billion Consolidated ROE 6.3% 6.2%」
Under the performance-linked share-based compensation plan, the operating profit target for fiscal 2023 was achieved, while actual ROE fell below the target. The plan's covered period continues through the end of March 2025. - FY2022AdvancedAnnual report
「The initial covered period comprises 3 fiscal years, with a total contribution of ¥200 million. During the extended covered period, the company will make additional contributions to the trust up to an amount calculated by multiplying ¥67 million by the number of fiscal years in the extended covered period.」
The company resolved to continue the trust-based performance-linked share-based compensation plan through the end of March 2025 and disclosed a mechanism for additional contributions capped at ¥67 million per fiscal year during the extension period. - FY2020AdvancedAnnual report
「The targets and results for the performance-linked share-based compensation metrics were as follows. Consolidated operating profit 2019 target ¥5.7 billion 2019 result ¥4.5 billion Consolidated ROE 2019 target 4.5% 2019 result 4.1%」
For the trust-based share-based compensation plan, the company specified the mechanism for calculating the number of shares to be delivered based on the achievement of operating profit and ROE targets in the medium-term management plan, along with the targets and results for the first year. - FY2020-Q3RestatedAnnual report
「Under this plan, a trust established through the company's contribution of funds acquires company shares, and through the trust delivers to each director and other officer the number of company shares corresponding to the points granted by the company. The carrying amount and number of these treasury shares at the end of the third quarter were ¥219 million and 105,600 shares, respectively.」
The company continues to disclose its trust-based performance-linked share-based compensation plan and the 105,600 shares held by the trust, with a carrying amount of ¥219 million. - FY2020-Q2First statedAnnual report
「Beginning in the second quarter of the fiscal year, the company introduced a new trust-based share-based compensation plan for directors, excluding outside directors, directors who are Audit and Supervisory Committee members, and non-residents of Japan, and for executive officers, excluding non-residents of Japan. These individuals are collectively referred to below as "directors and other officers." The plan is intended to increase their awareness of contributing to improved medium- and long-term performance and increased corporate value.」
The company newly introduced a plan under which a trust acquires shares and, in principle, delivers shares upon retirement in accordance with the points granted. The trust-held shares totaled 105,600, with a carrying amount of ¥219 million.