Linkage to Medium- to Long-Term Performance and Corporate Value Through a Performance-Linked Stock Compensation Scheme
First written in FY2019. 3 of 15 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2026.
5 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「As an agenda item for the 103rd Annual General Meeting of Shareholders scheduled for 26 June 2026, we have proposed the partial revision of the performance-linked stock compensation plan for directors. If the proposal is approved, the plan will change from the Stock Benefit Trust (BBT, or Board Benefit Trust) to the Stock Benefit Trust–Restricted Stock (BBT-RS, or Board Benefit Trust–Restricted Stock), under which the shares to be delivered will be subject to transfer restrictions until retirement from office.」
A proposal has been submitted to the Annual General Meeting of Shareholders to change from the existing BBT to BBT-RS, under which shares are subject to transfer restrictions until retirement from office. The current fiscal year's performance evaluation disclosed achievement of 103.0% for consolidated operating profit and 117.7% for ROE. - FY2026-H1Update to the number of shares held by the Stock Benefit Trust (BBT)Annual report
「Other shares with full voting rights include 114,100 of the Company's shares held by 株式会社日本カストディ銀行 as trust assets of the Stock Benefit Trust (BBT), representing 1,141 voting rights.」
The disclosure stated that 114,100 of the Company's shares are held as trust assets of the BBT, down from the previously disclosed 116,100 shares. - FY2025Update to achievement of the medium-term operating profit target and ROEAnnual report
「The target for consolidated operating profit in the 2025 Medium-Term Management Plan was ¥46 billion in the final year of the plan. Actual consolidated operating profit for the current fiscal year was ¥45.3 billion, resulting in achievement of 102.4% for the current fiscal year, calculated according to the growth rate over the period of the 2025 Medium-Term Management Plan. The target for ROE in the final year of the 2025 Medium-Term Management Plan was 12% or higher, while actual ROE for the current fiscal year was 13.4%, representing achievement of 111.9% against the plan target.」
The disclosure reported achievement of 102.4% for operating profit and 111.9% for ROE under the BBT performance evaluation metrics. - FY2025-H1Update to the number of shares held by the Stock Benefit Trust (BBT)Annual report
「Other shares with full voting rights include 116,100 of the Company's shares held by 株式会社日本カストディ銀行 as trust assets of the Stock Benefit Trust (BBT), representing 1,161 voting rights.」
The disclosure states that 116,100 of the Company's shares are held as trust assets of the BBT. This reflects the number of shares after the stock split in April 2024 and is three times the previous figure of 38,700 shares. - FY2024Update to achievement of the medium-term operating profit target and ROEAnnual report
「The target for consolidated operating profit in the 2025 Medium-Term Management Plan was ¥46 billion in the final year of the plan. Actual consolidated operating profit for the current fiscal year was ¥42.1 billion, resulting in achievement of 99.4% for the current fiscal year, calculated according to the growth rate over the period of the 2025 Medium-Term Management Plan.」
The disclosure reported, for the BBT performance evaluation metrics, achievement of 99.4% against the operating profit target under the 2025 Medium-Term Management Plan, and actual ROE of 13.48% against the plan target of 12% or higher, representing achievement of 112.3%. - FY2024-Q2Update to the number of shares held by the Stock Benefit Trust (BBT)Annual report
「The figure includes 38,700 of the Company's shares held by 株式会社日本カストディ銀行 as trust assets of the Stock Benefit Trust (BBT), representing 387 voting rights.」
The disclosure states that 38,700 of the Company's shares are held as trust assets of the BBT. - FY2022Update to achievement of the medium-term operating profit target: increaseAnnual report
「The target for consolidated operating profit in the 2022 Medium-Term Management Plan was ¥29 billion in the final year of the plan. Actual consolidated operating profit for the current fiscal year was ¥35.5 billion, resulting in achievement of 125.8% for the current fiscal year, calculated according to the growth rate over the period of the 2022 Medium-Term Management Plan.」
The disclosure reported, for performance evaluation under the performance-linked stock compensation plan, actual operating profit of ¥35.5 billion against the ¥29 billion target for the final year of the 2022 Medium-Term Management Plan, representing achievement of 125.8%. - FY2022-Q2Update to the number of shares held by the Stock Benefit Trust (BBT)Annual report
「The figure includes 48,200 of the Company's shares held by 株式会社日本カストディ銀行 as trust assets of the Stock Benefit Trust (BBT), representing 482 voting rights.」
The disclosure states that 48,200 of the Company's shares are held as trust assets of the BBT. - FY2021Update to achievement of the medium-term operating profit targetAnnual report
「The target for consolidated operating profit in the 2022 Medium-Term Management Plan was ¥29 billion in the final year of the plan. Actual consolidated operating profit for the current fiscal year was ¥26.6 billion, resulting in achievement of 96.4% for the current fiscal year, calculated according to the growth rate over the period of the 2022 Medium-Term Management Plan.」
The disclosure reported a target of ¥29 billion for operating profit in the final year of the 2022 Medium-Term Management Plan, actual operating profit of ¥26.6 billion, and achievement of 96.4% for the current fiscal year. - FY2021-Q2Update to the number of shares held by the Stock Benefit Trust (BBT)Annual report
「The figure includes 51,400 of the Company's shares held by 株式会社日本カストディ銀行 as trust assets of the Stock Benefit Trust (BBT), representing 514 voting rights.」
The disclosure states that 51,400 of the Company's shares are held as trust assets of the BBT. - FY2020AdvancedAnnual report
「Based on a resolution adopted at the 96th Annual General Meeting of Shareholders held on 27 June 2019, we introduced the performance-linked stock compensation plan known as the Stock Benefit Trust (BBT). The plan is intended to clarify the linkage between the compensation of directors who also serve as executive officers, excluding outside directors, and executive officers with titles, and the Company's performance and share value, and to heighten awareness of contributing to improved performance over the medium to long term and increased corporate value.」
The full-year report disclosed the details of the BBT plan, the covered period from the fiscal year ended March 2020 through the fiscal year ended March 2023, the acquisition of 52,700 shares by the trust, and achievement of 105.4% of the medium-term plan target for consolidated operating profit. - FY2020-Q2AdvancedAnnual report
「The figure includes 52,700 of the Company's shares held by 資産管理サービス信託銀行株式会社 as trust assets of the Stock Benefit Trust (BBT), representing 527 voting rights.」
The disclosure states that 52,700 shares are held as trust assets of the Stock Benefit Trust (BBT). - FY2019First statedAnnual report
「Based on a resolution adopted at the 96th Annual General Meeting of Shareholders held on 27 June 2019, we introduced the performance-linked stock compensation plan known as the Stock Benefit Trust (BBT, or Board Benefit Trust). The plan is intended to clarify the linkage between the compensation of directors, excluding outside directors, and executive officers with titles, and the Company's performance and share value, and to heighten awareness of contributing to improved performance over the medium to long term and increased corporate value.」
Following the resolution at the Annual General Meeting of Shareholders on 27 June 2019, the Stock Benefit Trust was introduced. The initial covered period comprised the 4 fiscal years from the fiscal year ended March 2020 through the fiscal year ended March 2023, with acquisitions during the initial covered period capped at 60,000 shares.