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Tsi Holdings (3608) · PolicyRestated

Performance-linked share-based compensation through a Stock Benefit Trust (BBT)

First written in FY2017-Q2. 23 of 26 entries say "Restated". Latest entry: FY2027-H1.

26entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY2024-Q3RestatedFY2025-Q1 – FY2027-H12016: 12017: 420172018: 420182019: 320192020: 220202021: 220212022: 220222023: 320232024: 420242025: 020252026: 12026
Same theme, other companies
BBT-Based Stock Benefit Trust for DirectorsA theme 100 companies write about · 0 as a headwind · 100 as a tailwind

21 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 100 companies compared. The sentences above are computed from all 100.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1RestatedAnnual report

    「The carrying amount and number of shares of the treasury shares were ¥267 million and 474 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥267 million and 474 thousand shares, respectively, during the current interim consolidated accounting period.」

    The performance-linked stock compensation plan for directors, BBT, continued, and 474 thousand shares remaining in the trust and a carrying amount of ¥267 million at the end of the interim period were disclosed.
  2. FY2025-H1RestatedAnnual report

    「The book value and number of these treasury shares were ¥273 million and 486 thousand shares at the end of the previous consolidated fiscal year, and ¥269 million and 478 thousand shares at the end of the interim consolidated accounting period.」

    The company continued its BBT performance-linked stock compensation plan for directors and disclosed 478 thousand shares remaining in the trust, with a carrying amount of ¥269 million, at the end of the interim consolidated accounting period.
  3. FY2025-Q1RestatedAnnual report

    「The book value and number of these treasury shares were ¥273 million and 486 thousand shares at the end of the previous consolidated fiscal year, and ¥272 million and 483 thousand shares at the end of the first quarter of the current consolidated fiscal year.」

    The performance-linked share compensation plan under the Share-Based Benefit Trust (BBT) continued, and the company disclosed 483 thousand remaining shares held in trust with a book value of ¥272 million.
  4. FY2024ReframedAnnual report

    「Shares equivalent to 20% of the standard annual compensation will be granted based on the closing share price at the end of each fiscal year.」

    Regarding the BBT, the company disclosed a policy under which 20% of standard annual compensation will consist of share-based compensation from the fiscal year ending February 2025 onward.
  5. FY2024-Q3RestatedAnnual report

    「The book value and number of these treasury shares were ¥279 million and 496 thousand shares at the end of the previous consolidated fiscal year, and ¥273 million and 486 thousand shares at the end of the third quarter of the current consolidated fiscal year.」

    The performance-linked share compensation plan under the Share-Based Benefit Trust (BBT) continued to be disclosed, with 486 thousand remaining shares held in trust and a book value of ¥273 million.
  6. FY2024-Q2RestatedAnnual report

    「The book value and number of these treasury shares were ¥279 million and 496 thousand shares at the end of the previous consolidated fiscal year, and ¥274 million and 487 thousand shares at the end of the second quarter of the current consolidated fiscal year.」

    The performance-linked share compensation plan under the Share-Based Benefit Trust (BBT) continued to be disclosed, with 487 thousand remaining shares held in trust and a book value of ¥274 million.
  7. FY2024-Q1RestatedAnnual report

    「The book value and number of these treasury shares were ¥279 million and 496 thousand shares at the end of the previous consolidated fiscal year, and ¥279 million and 496 thousand shares at the end of the first quarter of the current consolidated fiscal year.」

    The performance-linked share compensation plan under the Share-Based Benefit Trust (BBT) continued to be disclosed, with 496 thousand remaining shares held in trust and a book value of ¥279 million.
  8. FY2023-Q3RestatedAnnual report

    「The book value and number of these treasury shares were ¥279 million and 496 thousand shares at the end of the previous consolidated fiscal year, and ¥279 million and 496 thousand shares at the end of the third quarter of the current consolidated fiscal year.」

    The performance-linked share compensation plan under the Share-Based Benefit Trust (BBT) continued to be disclosed, with 496 thousand remaining shares held in trust and a book value of ¥279 million.
  9. FY2023-Q1RestatedAnnual report

    「The book value and number of these treasury shares were ¥279 million and 496 thousand shares at the end of the previous consolidated fiscal year, and ¥279 million and 496 thousand shares at the end of the first quarter of the current consolidated fiscal year.」

    The performance-linked share compensation plan under the Share-Based Benefit Trust (BBT) continued to be disclosed, with 496 thousand remaining shares held in trust and a book value of ¥279 million.
  10. FY2022-Q3RestatedAnnual report

    「The book value and number of these treasury shares were ¥288 million and 512 thousand shares at the end of the previous consolidated fiscal year, and ¥280 million and 499 thousand shares at the end of the third quarter of the current consolidated fiscal year.」

    The BBT continued to be disclosed as a plan intended to encourage executives to focus on performance and the share price and align their interests with shareholders. The company disclosed 499 thousand remaining shares held in trust with a book value of ¥280 million.
  11. FY2022-Q2RestatedAnnual report

    「The book value and number of these treasury shares were ¥288 million and 512 thousand shares at the end of the previous consolidated fiscal year, and ¥280 million and 499 thousand shares at the end of the second quarter of the current consolidated fiscal year.」

    The BBT continued to be disclosed as a plan intended to encourage executives to focus on performance and the share price and align their interests with shareholders. The company disclosed 499 thousand remaining shares held in trust with a book value of ¥280 million.
  12. FY2021-Q3RestatedAnnual report

    「The book value and number of these treasury shares were ¥291 million and 518 thousand shares at the end of the previous consolidated fiscal year, and ¥288 million and 512 thousand shares at the end of the third quarter of the current consolidated fiscal year.」

    The performance-linked share compensation plan under the Share-Based Benefit Trust (BBT) continued, and the company disclosed 512 thousand remaining shares held in trust with a book value of ¥288 million.
  13. FY2020RestatedAnnual report

    「The company will introduce the Share-Based Benefit Trust (BBT), a plan under which company shares and cash equivalent to the value of those shares at the time of retirement will be granted to the company’s directors and delegated executive officers and the directors of its subsidiaries, with the aim of motivating management to focus on performance and the share price and aligning their interests with those of shareholders.」

    The BBT continued to be disclosed as a plan intended to encourage executives to focus on performance and the share price and align their interests with shareholders. The trust held 518 thousand shares at fiscal year-end.
  14. FY2020-Q3RestatedAnnual report

    「Based on a resolution adopted at the fifth annual general meeting of shareholders held on 25 May 2016, the company has introduced the performance-linked share compensation plan known as the Share-Based Benefit Trust (BBT) for the company’s directors and delegated executive officers and the directors of its group companies (the “eligible executives”).」

    The performance-linked share compensation plan BBT for executives and others continued to be disclosed. The trust held 518 thousand remaining shares.
  15. FY2020-Q2RestatedAnnual report

    「Based on a resolution adopted at the fifth annual general meeting of shareholders held on 25 May 2016, the company has introduced the performance-linked share compensation plan known as the Share-Based Benefit Trust (BBT) for the company’s directors and delegated executive officers and the directors of its group companies (the “eligible executives”).」

    The performance-linked share compensation plan BBT for executives and others continued to be disclosed. The trust held 518 thousand remaining shares at the end of the second-quarter accounting period, with a book value of ¥291 million.
  16. FY2020-Q1RestatedAnnual report

    「Based on a resolution adopted at the fifth annual general meeting of shareholders held on 25 May 2016, the company has introduced the performance-linked share compensation plan known as the Share-Based Benefit Trust (BBT) for the company’s directors and delegated executive officers and the directors of its group companies (the “eligible executives”).」

    The performance-linked share compensation plan BBT for executives and others continued to be disclosed. The trust held 518 thousand remaining shares with a book value of ¥291 million.
  17. FY2019-Q3RestatedAnnual report

    「Based on a resolution adopted at the fifth annual general meeting of shareholders held on 25 May 2016, the company has introduced the performance-linked share compensation plan known as the Share-Based Benefit Trust (BBT) for the company’s directors and delegated executive officers and the directors of its group companies (the “eligible executives”).」

    The performance-linked share compensation plan BBT for executives and others continued to be disclosed. The trust held 519 thousand remaining shares at the end of the third quarter, with a book value of ¥292 million.
  18. FY2019-Q2RestatedAnnual report

    「Based on a resolution adopted at the fifth annual general meeting of shareholders held on 25 May 2016, the company has introduced the performance-linked share compensation plan known as the Share-Based Benefit Trust (BBT) for the company’s directors and delegated executive officers and the directors of its group companies (the “eligible executives”).」

    The performance-linked share compensation plan BBT for executives and others continued to be disclosed. The trust held 519 thousand remaining shares at the end of the second quarter, with a book value of ¥292 million.
  19. FY2019-Q1RestatedAnnual report

    「Based on a resolution adopted at the fifth annual general meeting of shareholders held on 25 May 2016, the company has introduced the performance-linked share compensation plan known as the Share-Based Benefit Trust (BBT) for the company’s directors and delegated executive officers and the directors of its group companies (the “eligible executives”).」

    The performance-linked share compensation plan BBT for executives and others continued to be disclosed. The trust held 525 thousand remaining shares with a book value of ¥296 million.
  20. FY2018RestatedAnnual report

    「Based on a resolution adopted at the fifth annual general meeting of shareholders held on 25 May 2016, the company has introduced the performance-linked share compensation plan known as the Share-Based Benefit Trust (BBT) for the company’s directors and delegated executive officers and the directors of its group companies.」

    The performance-linked share compensation plan under the BBT continued. The trust held 525 thousand remaining shares at fiscal year-end, with a book value of ¥296 million.
  21. FY2018-Q3RestatedAnnual report

    「Based on a resolution adopted at the fifth annual general meeting of shareholders held on 25 May 2016, the company has introduced the performance-linked share compensation plan known as the Share-Based Benefit Trust (BBT) for the company’s directors and delegated executive officers and the directors of its group companies (the “eligible executives”).」

    The performance-linked share compensation plan under the BBT continued to be disclosed. The trust held 525 thousand remaining shares at the end of the third quarter, with a book value of ¥296 million.
  22. FY2018-Q2RestatedAnnual report

    「Based on a resolution adopted at the fifth annual general meeting of shareholders held on 25 May 2016, the company has introduced the performance-linked share compensation plan known as the Share-Based Benefit Trust (BBT) for the company’s directors and delegated executive officers and the directors of its group companies (the “eligible executives”).」

    The performance-linked share compensation plan under the BBT continued to be disclosed. The trust held 528 thousand remaining shares with a book value of ¥297 million.
  23. FY2018-Q1RestatedAnnual report

    「Based on a resolution adopted at the fifth annual general meeting of shareholders held on 25 May 2016, the company has introduced the performance-linked share compensation plan known as the Share-Based Benefit Trust (BBT) for the company’s directors and delegated executive officers and the directors of its group companies (the “eligible executives”).」

    The performance-linked share compensation plan under the BBT continued to be disclosed. The trust held 532 thousand remaining shares with a book value of ¥299 million.
  24. FY2017AdvancedAnnual report

    「Based on a resolution adopted at the fifth annual general meeting of shareholders held on 25 May 2016, the company introduced the performance-linked share compensation plan known as the Share-Based Benefit Trust (BBT) for the company’s directors and delegated executive officers and the directors of its group companies (the “eligible executives”).」

    The BBT continued as an established plan, with 532 thousand remaining shares held in trust, a book value of ¥299 million, and ¥19 million in performance-linked share compensation for the fiscal year.
  25. FY2017-Q3RestatedAnnual report

    「The company introduced the plan to clarify the linkage between the compensation of eligible executives and the company’s performance and share value, and to encourage eligible executives to contribute to improving performance over the medium to long term and increasing corporate value by sharing with shareholders not only the benefits of a rise in the share price but also the risk of a decline.」

    The purpose of and policy for linking the Share-Based Benefit Trust (BBT) to performance and share value continued to be disclosed. The trust held 532 thousand remaining shares with a book value of ¥299 million.
  26. FY2017-Q2First statedAnnual report

    「Based on a resolution adopted at the fifth annual general meeting of shareholders held on 25 May 2016, the company introduced the performance-linked share compensation plan known as the Share-Based Benefit Trust (BBT) for the company’s directors and delegated executive officers and the directors of its group companies.」

    The plan was introduced to clarify the linkage between executive compensation, performance and share value, and to share the risk of a decline in the share price with shareholders.
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Performance-linked share-based compensation through a Stock Benefit Trust (BBT) | TSI HOLDINGS CO.,LTD. (3608) | Komori