Introduction of Performance-Linked Compensation and Share Delivery Schemes (BBT and J-ESOP)
First written in FY2021. 1 of 3 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2025.
The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Under the above plans, 1,880 points were granted in the previous consolidated fiscal year and 1,880 points in the current consolidated fiscal year.」
The Company continues to operate the BBT and J-ESOP stock-based compensation plans, granting 1,880 points under each plan during the current consolidated fiscal year. - FY2023-Q2AdvancedAnnual report
「The number of shares in the “Fully Voting Shares (Other)” column includes 18,800 shares of the Company held by the Stock Benefit Trust (BBT and J-ESOP), representing 188 voting rights.」
The Company has demonstrated operational results for BBT and J-ESOP, including the trust's ownership of 18,800 shares and the recognition of provisions for stock benefits and executive stock benefits. - FY2021First statedAnnual report
「The Company introduced this plan for the 5 fiscal years from the fiscal year ending September 2022 through the fiscal year ending September 2026. To provide the Company's shares to directors, it will contribute to the trust funds of up to ¥150 million as the initial funding required for the initial target period, to be used to acquire the Company's shares through the trust.」
Under the BBT for directors, the plan covers the 5 fiscal years from the fiscal year ended September 2022 through the fiscal year ending September 2026, with trust contributions capped at ¥150 million, points granted capped at 6,000 per fiscal year, and shares acquired capped at 30,000 per target period. For employees and others, the Company plans to introduce J-ESOP, under which shares will be provided based on points determined according to contributions including length of service.