Sharing Profits and Risks with Shareholders through a Performance-Linked Stock Compensation Plan
First written in FY2017. 12 of 24 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2026.
77 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「For the fiscal year under review, the target for the performance-linked share compensation metric was consolidated operating profit of ¥2,130 million. Actual operating profit was ¥3,404 million, representing an achievement rate of 159.81%, resulting in a performance-linked coefficient of 1.5.」
For performance-linked stock compensation, the target operating income was ¥2,130 million, actual operating income was ¥3,404 million, the achievement rate was 159.81%, and the performance-linked coefficient was 1.5. - 2026-06-02AdvancedGeneral Meetings of Shareholders
「For the fiscal year under review, the target for the performance-linked share compensation metric was consolidated operating profit of ¥2,130 million. Actual operating profit was ¥3,404 million, representing an achievement rate of 159.81%, resulting in a performance-linked coefficient of 1.5.」
For performance-linked share compensation, an operating profit achievement rate of 159.81% and a performance-linked coefficient of 1.5 were reported. - FY2025AdvancedAnnual report
「The target for the performance-linked stock compensation metric for the fiscal year was consolidated operating income of ¥2,570 million. Actual operating income was ¥2,860 million, representing an achievement rate of 111.28%, and the performance-linked coefficient was therefore 1.1.」
For performance-linked stock compensation, the target operating income was ¥2,570 million, actual operating income was ¥2,860 million, the achievement rate was 111.28%, and the performance-linked coefficient was 1.1. - FY2025-H1AdvancedAnnual report
「The carrying amount and number of shares of treasury stock were ¥95.774 million and 68,885 shares, respectively, in the previous consolidated fiscal year, and ¥129.782 million and 96,268 shares, respectively, as of the end of the current interim consolidated accounting period.」
The treasury stock remaining in the trust for the performance-linked stock compensation plan increased from 68,885 shares to 96,268 shares. - FY2024AdvancedAnnual report
「The target for the performance-linked stock compensation metric for the fiscal year was consolidated operating income of ¥2,690 million. Actual operating income was ¥2,177 million, representing an achievement rate of 80.93%, and the performance-linked coefficient was therefore 0.60.」
For performance-linked stock compensation, the target operating income was ¥2,690 million, actual operating income was ¥2,177 million, the achievement rate was 80.93%, and the performance-linked coefficient was 0.60. The Board of Directors also resolved to extend the plan on 29 August 2023. - FY2024-Q3Decrease in shares remaining in the trustAnnual report
「The carrying amount and number of shares of treasury stock were ¥114.488 million and 82,345 shares, respectively, in the previous consolidated fiscal year, and ¥95.774 million and 68,885 shares, respectively, as of the end of the third quarter of the current consolidated fiscal year.」
The performance-linked stock compensation plan continues, while the treasury stock remaining in the trust decreased from 82,345 shares to 68,885 shares. - FY2024-Q2Decrease in shares remaining in the trustAnnual report
「The carrying amount and number of shares of treasury stock were ¥114.488 million and 82,345 shares, respectively, in the previous consolidated fiscal year, and ¥95.774 million and 68,885 shares, respectively, as of the end of the second quarter of the current consolidated fiscal year.」
The performance-linked stock compensation plan continues, while the treasury stock remaining in the trust decreased from 82,345 shares to 68,885 shares. - FY2023AdvancedAnnual report
「The target for the performance-linked stock compensation metric for the fiscal year was consolidated operating income of ¥3,300 million. Actual operating income was ¥2,899 million, representing an achievement rate of 87.85%, and the performance-linked coefficient was therefore 0.70.」
For performance-linked stock compensation, the target operating income was ¥3,300 million, actual operating income was ¥2,899 million, the achievement rate was 87.85%, and the performance-linked coefficient was 0.70. - FY2023-Q3RestatedAnnual report
「The carrying amount and number of shares of treasury stock were ¥114.488 million and 82,345 shares, respectively, in the previous consolidated fiscal year and ¥114.488 million and 82,345 shares, respectively, as of the end of the third quarter of the current consolidated fiscal year.」
The performance-linked stock compensation plan and the mechanism for delivering shares through the trust continue, while the 82,345 shares of treasury stock remaining in the trust are unchanged from the end of the previous fiscal year. - FY2022-Q2Decrease in shares remaining in the trustAnnual report
「The carrying amount and number of shares of treasury stock were ¥118.877 million and 85,502 shares, respectively, in the previous consolidated fiscal year, and ¥114.488 million and 82,345 shares, respectively, as of the end of the second quarter of the current consolidated fiscal year.」
The performance-linked stock compensation plan continues, while the treasury stock remaining in the trust decreased from 85,502 shares to 82,345 shares. - FY2022-Q1RestatedAnnual report
「Under this performance-linked stock compensation plan, a trust established using funds contributed by the company acquires company shares, and the trust delivers to each director the number of company shares equivalent to the points awarded by the company based on performance achievement and other criteria.」
The performance-linked stock compensation plan continues, with shares delivered to directors through a trust according to the level of performance achievement and other factors. - FY2021AdvancedAnnual report
「The target for the performance-linked stock compensation metric for the fiscal year was consolidated operating income of ¥1,900 million. Actual operating income was ¥2,388 million, representing an achievement rate of 125.68%, and the performance-linked coefficient was therefore 1.20.」
For performance-linked stock compensation, the target operating income was ¥1,900 million, actual operating income was ¥2,388 million, the achievement rate was 125.68%, and the performance-linked coefficient was 1.20. - FY2021-Q3AdvancedAnnual report
「The carrying amount and number of shares of treasury stock were ¥63.653 million and 33,502 shares, respectively, in the previous consolidated fiscal year, and ¥118.877 million and 85,502 shares, respectively, as of the end of the third quarter of the current consolidated fiscal year.」
The treasury stock remaining in the trust for the performance-linked stock compensation plan increased from 33,502 shares to 85,502 shares, changing the status of shares held in the trust for operation of the plan. - FY2021-Q2AdvancedAnnual report
「This is a performance-linked stock compensation plan under which the trust acquires the Company's shares, and the Company delivers to each director through the trust the number of shares equivalent to the points granted to that director based on performance achievement and other specified criteria. The Board of Directors resolved to extend the plan on 28 August 2020.」
The performance-linked stock compensation plan, including the mechanism for delivering shares through the trust, continues, and the Board of Directors resolved to extend the plan on 28 August 2020. - FY2021-Q1RestatedAnnual report
「Under this performance-linked stock compensation plan, a trust established using funds contributed by the company acquires company shares, and the trust delivers to each director the number of company shares equivalent to the points awarded by the company based on performance achievement and other criteria.」
The mechanism for delivering shares through a trust under the performance-linked stock compensation plan continues. The remaining shares in the trust number 33,502. - FY2020AdvancedAnnual report
「The target for the performance-linked stock compensation metric for the fiscal year was consolidated operating income of ¥2,870 million, against which actual operating income was ¥2,374 million, resulting in a performance-linked coefficient of 0.6.」
For performance-linked stock compensation, the company disclosed a fiscal-year operating income target of ¥2,870 million, actual operating income of ¥2,374 million and a performance-linked coefficient of 0.6. - FY2020-Q3RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥69.142 million and 36,391 shares in the previous consolidated fiscal year, and ¥63.653 million and 33,502 shares in the third-quarter consolidated accounting period.」
The performance-linked stock compensation plan and the mechanism for delivering shares through a trust continue, and the number of shares remaining in the trust was disclosed as 33,502 shares. - FY2020-Q2Decrease in shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥69.142 million and 36,391 shares in the previous consolidated fiscal year, and ¥63.653 million and 33,502 shares in the second-quarter consolidated accounting period.」
The performance-linked stock compensation plan continues, but the treasury shares remaining in the trust decreased from 36,391 shares to 33,502 shares. - FY2020-Q1RestatedAnnual report
「Under this performance-linked stock compensation plan, a trust established using funds contributed by the company acquires company shares, and the trust delivers to each director the number of company shares equivalent to the points awarded by the company based on performance achievement and other criteria.」
The mechanism for delivering shares through a trust under the performance-linked stock compensation plan continues. The remaining shares in the trust are stated as 36,391 shares. - FY2019AdvancedAnnual report
「The target for the performance-linked stock compensation metric for the fiscal year was consolidated operating income of ¥2,920 million, against which actual operating income was ¥2,758 million, resulting in a performance-linked coefficient of 0.8.」
For performance-linked stock compensation, the company disclosed a fiscal-year operating income target of ¥2,920 million, actual operating income of ¥2,758 million and a performance-linked coefficient of 0.8. - FY2019-Q2RestatedAnnual report
「Based on a resolution at the 92nd Annual General Meeting of Shareholders held on 28 June 2017, the company introduced a performance-linked stock compensation plan for its directors, excluding outside directors.」
The introduction of the performance-linked stock compensation plan and the mechanism for delivering shares through a trust continue. The remaining shares in the trust were disclosed as 36,391 shares. - FY2018RestatedAnnual report
「The company has introduced an executive stock delivery trust plan to clarify the link between its performance and share value and directors' compensation, have directors bear the risk of a decline in the share price as well as enjoy the benefits of an increase, and raise their awareness of contributing to improved medium- to long-term performance and greater corporate value by sharing with shareholders the gains and risks arising from share price movements.」
The purpose and operation of the performance-linked stock compensation plan continue to be described in annual disclosures. - FY2018-Q3AdvancedAnnual report
「Based on a resolution at the 92nd Annual General Meeting of Shareholders held on 28 June 2017, the company introduced, from the third-quarter consolidated accounting period, a performance-linked stock compensation plan for its directors, excluding outside directors. The trust established to introduce the plan is referred to as the trust under this plan.」
The performance-linked stock compensation plan began operating in the third-quarter accounting period, and the remaining balance in the trust was disclosed as 42,000 shares for accounting purposes. - FY2017First statedAnnual report
「The purpose of this plan is to clarify the link between the company’s performance and share value and directors’ compensation, ensure that directors bear not only the benefits of a rising share price but also the risk of a falling share price, and raise awareness of contributing to medium- to long-term improvements in performance and increases in corporate value by sharing the benefits and risks of share-price movements with shareholders.」
Subject to shareholder approval in June 2017, the company introduced a plan under which shares equivalent to points awarded based on performance achievement and other factors are delivered through a trust.