Sharing economic interests among officers, employees and shareholders
First written in FY2016. 11 of 14 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2019: 1 of 8 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「We have introduced the Executive Stock Benefit Trust (BBT) for our directors, excluding non-executive directors and outside directors, to heighten their awareness of contributing to medium- to long-term earnings growth and increased corporate value.」
The link to share value through BBT for officers has continued. The termination of J-ESOP for employees and others in March 2020 remains in effect. - FY2021RestatedAnnual report
「We have introduced the Executive Stock Benefit Trust (BBT) for our directors, excluding non-executive directors and outside directors, to heighten their awareness of contributing to medium- to long-term earnings growth and increased corporate value.」
The link to share value through BBT for officers has continued. The termination of J-ESOP for employees and others in March 2020 remains in effect. - FY2021-Q3RestatedAnnual report
「We have introduced the Executive Stock Benefit Trust (BBT) for our directors, excluding non-executive directors and outside directors, to heighten their awareness of contributing to medium- to long-term earnings growth and increased corporate value.」
The link to share value through BBT for officers has continued. J-ESOP for employees and others ended in March 2020, and that status has been restated. - FY2021-Q1SoftenedAnnual report
「The Plan was terminated in March 2020.」
The Employee Stock Benefit Trust (J-ESOP) for employees and others ended in March 2020. BBT for officers has continued, so the scope of those sharing economic benefits with shareholders has changed. - FY2020-Q3RestatedAnnual report
「We have introduced the Executive Stock Benefit Trust (BBT), referred to below as "the Plan," for our directors, excluding non-executive directors and outside directors, to heighten their awareness of contributing to medium- to long-term earnings growth and increased corporate value.」
The stock benefit arrangements through BBT for officers and J-ESOP for employees and others, and the policy of sharing economic benefits with shareholders, have been continued. - FY2019RaisedAnnual report
「Our basic policy for directors' compensation is to make a certain proportion performance-linked in order to clarify management responsibility, share share value with shareholders by introducing stock-based compensation, and maintain a compensation system capable of attracting highly qualified personnel.」
In addition to sharing share value through the existing BBT, the compensation policy explicitly states that a certain proportion of officers' compensation will be performance-linked. - FY2019-Q2RestatedAnnual report
「We have introduced the Executive Stock Benefit Trust (BBT), a stock-based compensation scheme for officers, to heighten their awareness of contributing to medium- to long-term earnings growth and increased corporate value. We also carry out transactions under which our shares are delivered through a trust to certain officers and employees of our company and its subsidiaries who meet specified requirements, collectively referred to below as "employees and others," for the purpose of sharing economic benefits with shareholders and further increasing their motivation and morale to improve the share price and earnings.」
The sharing of share value and economic benefits through BBT for officers and J-ESOP for employees and others has been continued. - FY2019-Q1RestatedAnnual report
「We have introduced the Executive Stock Benefit Trust (BBT), a stock-based compensation scheme for officers, to heighten their awareness of contributing to medium- to long-term earnings growth and increased corporate value. We also carry out transactions under which our shares are delivered through a trust to certain officers and employees of our company and its subsidiaries who meet specified requirements, collectively referred to below as "employees and others," for the purpose of sharing economic benefits with shareholders and further increasing their motivation and morale to improve the share price and earnings.」
The sharing of share value and economic benefits through BBT for officers and J-ESOP for employees and others has been continued. - FY2018-Q3RestatedAnnual report
「We have introduced the Executive Stock Benefit Trust (BBT), a stock-based compensation scheme for officers, to heighten their awareness of contributing to medium- to long-term earnings growth and increased corporate value. We also carry out transactions under which our shares are delivered through a trust to certain officers and employees of our company and its subsidiaries who meet specified requirements, collectively referred to below as "employees and others," for the purpose of sharing economic benefits with shareholders and further increasing their motivation and morale to improve the share price and earnings.」
The stock benefit arrangements through BBT for officers and J-ESOP for employees and others have been continued. - FY2018-Q2RestatedAnnual report
「We have introduced the Executive Stock Benefit Trust (BBT), a stock-based compensation scheme for officers, to heighten their awareness of contributing to medium- to long-term earnings growth and increased corporate value. We also carry out transactions under which our shares are delivered through a trust to certain officers and employees of our company and its subsidiaries who meet specified requirements, collectively referred to below as "employees and others," for the purpose of sharing economic benefits with shareholders and further increasing their motivation and morale to improve the share price and earnings.」
The stock benefit arrangements through BBT for officers and J-ESOP for employees and others have been continued. - FY2017RestatedAnnual report
「Our objective is to clarify more clearly the link between directors' compensation and our share value and to heighten directors' awareness of contributing to medium- to long-term earnings growth and increased corporate value by sharing with shareholders not only the benefits of a rising share price but also the risk of a decline in the share price.」
The link between share value and the Executive Stock Benefit Trust BBT, and the sharing of economic benefits through the Employee Stock Benefit Trust J-ESOP, have been continued. - FY2017-Q3RestatedAnnual report
「We carry out transactions under which our shares are delivered through a trust to our employees and the officers and employees of our consolidated subsidiaries, collectively referred to below as "employees and others," for the purpose of sharing economic benefits with shareholders and further increasing their motivation and morale to improve the share price and earnings.」
The sharing of economic interests with shareholders has continued through the delivery of shares under J-ESOP to employees and others and through BBT for officers. - FY2017-Q2RestatedAnnual report
「We have introduced the Executive Stock Benefit Trust (BBT), a stock-based compensation scheme for officers, to heighten their awareness of contributing to medium- to long-term earnings growth and increased corporate value.」
The stock-based compensation arrangements through the Executive Stock Benefit Trust BBT and Employee Stock Benefit Trust J-ESOP have been continued. - FY2016First statedAnnual report
「The objective is to clarify more clearly the link between directors' compensation and our share value and to heighten directors' awareness of contributing to medium- to long-term earnings growth and increased corporate value by sharing with shareholders not only the benefits of a rising share price but also the risk of a decline in the share price.」
The Executive Stock Benefit Trust BBT and Employee Stock Benefit Trust J-ESOP have been introduced.