Executive Share Compensation Scheme through a Board Benefit Trust (BBT)
First written in FY2017-Q2. 15 of 18 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-08-06.
35 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「The carrying amount of the treasury shares was ¥559 million at the end of the previous consolidated fiscal year and ¥551 million at the end of the interim consolidated fiscal period. The number of treasury shares at period-end was 730,500 at the end of the previous consolidated fiscal year and 720,000 at the end of the interim consolidated fiscal period.」
The shares remaining in the BBT Trust decreased from 730,500 shares to 720,000 shares, and their carrying amount decreased from ¥559 million to ¥551 million. - FY2024-Q2AdvancedAnnual report
「The carrying amount of the treasury shares was ¥599 million at the end of the previous consolidated fiscal year and ¥559 million at the end of the second quarter of the current consolidated fiscal year. The number of treasury shares at period-end was 782,100 at the end of the previous consolidated fiscal year and 730,500 at the end of the second quarter of the current consolidated fiscal year.」
The shares remaining in the BBT Trust decreased from 782,100 shares to 730,500 shares, and their carrying amount decreased from ¥599 million to ¥559 million. - FY2023AdvancedAnnual report
「On 16 February 2023, the company made an additional contribution of ¥288 million, and Custody Bank of Japan, Ltd. (Trust E Account) acquired 320,000 shares of the company.」
Additional contributions were made to and shares were acquired for the BBT scheme. At period-end, 782,100 shares remained in the trust, with a carrying amount of ¥599 million. - FY2023-Q2AdvancedAnnual report
「The carrying amount of the treasury shares was ¥346 million at the end of the previous consolidated fiscal year and ¥322 million at the end of the second quarter of the current consolidated fiscal year. The number of treasury shares at period-end was 496,900 at the end of the previous consolidated fiscal year and 462,100 at the end of the second quarter of the current consolidated fiscal year.」
The shares remaining in the BBT Trust decreased from 496,900 shares to 462,100 shares, and their carrying amount decreased from ¥346 million to ¥322 million. - FY2023-Q1AdvancedAnnual report
「The carrying amount of the treasury shares was ¥346 million at the end of the previous consolidated fiscal year and ¥346 million at the end of the first quarter of the current consolidated fiscal year. The number of treasury shares at period-end was 496,900 at both the end of the previous consolidated fiscal year and the end of the first quarter of the current consolidated fiscal year.」
The BBT Trust had 496,900 shares remaining, with a carrying amount of ¥346 million. - FY2022-Q3AdvancedAnnual report
「The carrying amount of the treasury shares was ¥243 million at the end of the previous consolidated fiscal year and ¥227 million at the end of the third quarter of the current consolidated fiscal year. The number of treasury shares at period-end was 391,300 at the end of the previous consolidated fiscal year and 365,900 at the end of the third quarter of the current consolidated fiscal year.」
The shares remaining in the BBT Trust decreased from 391,300 shares to 365,900 shares, and their carrying amount decreased from ¥243 million to ¥227 million. - FY2022-Q2AdvancedAnnual report
「The carrying amount of the treasury shares was ¥243 million at the end of the previous consolidated fiscal year and ¥227 million at the end of the second quarter of the current consolidated fiscal year. The number of treasury shares at period-end was 391,300 at the end of the previous consolidated fiscal year and 365,900 at the end of the second quarter of the current consolidated fiscal year.」
The shares remaining in the BBT Trust decreased from 391,300 shares to 365,900 shares, and their carrying amount decreased from ¥243 million to ¥227 million. - FY2021-Q2AdvancedAnnual report
「The carrying amount of the treasury shares was ¥249 million at the end of the previous consolidated fiscal year and ¥243 million at the end of the second quarter of the current consolidated fiscal year. The number of treasury shares at period-end was 400,700 at the end of the previous consolidated fiscal year and 391,300 at the end of the second quarter of the current consolidated fiscal year.」
The shares remaining in the BBT Trust decreased from 400,700 shares to 391,300 shares, and their carrying amount decreased from ¥249 million to ¥243 million. - FY2020AdvancedAnnual report
「Points = points by position × performance evaluation coefficient based on performance during the evaluation period. The performance evaluation indicator is consolidated operating income for the relevant fiscal year, and the coefficient is determined based on performance against the previous year's results and the degree of achievement of the earnings forecast.」
The company disclosed details of the calculation method for the performance-linked BBT scheme, using position-based points and achievement levels against the previous year's consolidated operating income and the earnings forecast. - FY2020-Q3RestatedAnnual report
「The carrying amount of the treasury shares was ¥255 million at the end of the previous consolidated fiscal year and ¥249 million at the end of the third quarter of the current consolidated fiscal year. The number of treasury shares at period-end was 410,800 at the end of the previous consolidated fiscal year and 400,700 at the end of the third quarter of the current consolidated fiscal year.」
The BBT Trust had 400,700 shares remaining, with a carrying amount of ¥249 million, unchanged from the previous quarter. - FY2020-Q2AdvancedAnnual report
「The carrying amount of the treasury shares was ¥255 million at the end of the previous consolidated fiscal year and ¥249 million at the end of the second quarter of the current consolidated fiscal year. The number of treasury shares at period-end was 410,800 at the end of the previous consolidated fiscal year and 400,700 at the end of the second quarter of the current consolidated fiscal year.」
The shares remaining in the BBT Trust decreased from 410,800 shares to 400,700 shares, and their carrying amount decreased from ¥255 million to ¥249 million. - FY2019-Q2AdvancedAnnual report
「The carrying amount of the treasury shares was ¥259 million at the end of the previous consolidated fiscal year and ¥255 million at the end of the second quarter of the current consolidated fiscal year. The number of treasury shares at period-end was 416,600 at the end of the previous consolidated fiscal year and 410,800 at the end of the second quarter of the current consolidated fiscal year.」
The shares remaining in the BBT Trust decreased from 416,600 shares to 410,800 shares, and their carrying amount decreased from ¥259 million to ¥255 million. - FY2018AdvancedAnnual report
「The carrying amount of these treasury shares was ¥261 million at the end of the previous consolidated fiscal year and ¥259 million at the end of the current consolidated fiscal year. The number of these treasury shares at the end of each period was 420,000 at the end of the previous consolidated fiscal year and 416,600 at the end of the current consolidated fiscal year.」
The shares remaining in the BBT Trust (performance-linked stock compensation trust) decreased from 420,000 shares to 416,600 shares, updating the record of the scheme's operation. - FY2017RestatedAnnual report
「The company contributed ¥350 million on 1 September 2016, and 資産管理サービス信託銀行㈱ (Trust E Account) acquired 420,000 of the company's shares.」
The full-year disclosure reconfirmed the outline of the BBT and the acquisition of 420,000 shares by the trust. - FY2017-Q3AdvancedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. At the end of the third quarter of the fiscal year, the carrying amount of these treasury shares was ¥261 million and the number of shares was 420,000.」
For the BBT, the company disclosed 420,000 shares remaining in the trust and their ¥261 million carrying amount, providing details on the plan's implementation. - FY2017-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 10 May 2016, the company resolved to introduce a new share-based compensation plan, the Stock Benefit Trust (BBT (Board Benefit Trust)), for the company's directors, executive officers and directors, as well as directors of certain subsidiaries and trustees, excluding outside directors (collectively, the "executives"). The plan was approved as executive compensation at the fifth annual general meeting of shareholders held on 24 June 2016.」
Following resolutions by the Board of Directors and the general meeting of shareholders, the company introduced a new plan to provide company shares and other benefits to executives. In principle, the benefits are provided when executives retire from office.