Introduction of a Performance-Linked Share-Based Compensation Plan
First written in FY2017. 6 of 12 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2026.
76 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The term of the trust has been extended by 3 years, with the 3 fiscal years covered by the 18th medium-term management plan, which began in fiscal 2025, serving as the new eligibility period for the plan.」
The Company disclosed the extension of the plan for the period corresponding to the 18th medium-term management plan, additional trust funding of ¥900 million, a share limit of 333,000 shares for fiscal 2025–2027, and the acquisition of shares in August–September 2025. - FY2025RaisedAnnual report
「The term of the trust has been extended by 3 years, with the 3 fiscal years covered by the 18th medium-term management plan, which began in fiscal 2025, serving as the new eligibility period for the plan.」
The performance-linked stock compensation plan is scheduled to be extended for the 3 years corresponding to the 18th medium-term management plan, with the plan revised to include a share limit of 333,000 shares and additional trust funding of ¥900 million. - FY2024AdvancedAnnual report
「The Company will continue the plan because the 160th Annual General Meeting of Shareholders, held on 27 June 2024, approved as proposed the item entitled “Proposal No. 8: Determination of the Details of the Stock Compensation Plan for Directors (excluding Directors who are Audit and Supervisory Committee Members) and Other Eligible Persons.”」
The continuation of the performance-linked stock compensation plan beyond the period corresponding to the 17th medium-term management plan was approved at the General Meeting of Shareholders. - FY2023AdvancedAnnual report
「The 3 fiscal years covered by the 17th medium-term management plan, which began in fiscal 2022, constitute the new eligibility period for the plan, and the term of the trust is 3 years.」
The performance-linked stock compensation plan was extended and continued for the 3 fiscal years of the 17th medium-term management plan, with the plan revised to include additional trust funding of ¥750 million and a share limit of 270,000 shares, among other changes. - FY2020AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 25 July 2019, the Company extended the term of the trust by 3 years so that the 3 fiscal years covered by the current medium-term management plan, which began in fiscal 2019, would constitute the eligibility period for the plan.」
The performance-linked stock compensation plan was extended through the 3 fiscal years of the 16th medium-term management plan, and 70,400 shares were additionally acquired in August 2019. - FY2019AdvancedAnnual report
「The plan covers 3 fiscal years corresponding to the period covered by the medium-term management plan, with shares of the Company and other benefits delivered at the time directors and other eligible persons leave office based on their positions and the degree of achievement of annual performance targets.」
The Company operated the plan linked to the medium-term management plan, with the eligibility period for the portion established in 2017 extending through the fiscal year ending March 2019. It also disclosed an EBITDA target of ¥69.1 billion and actual EBITDA of ¥54.5 billion as performance-linked indicators. - FY2018RestatedAnnual report
「The plan covers a 3-fiscal-year eligibility period corresponding to the period covered by the medium-term management plan, with shares of the Company and other benefits delivered at the time directors and other eligible persons leave office based on their positions and the degree of achievement of annual performance targets.」
The Company reconfirmed the performance-linked stock compensation plan linked to the medium-term management plan, disclosing a 2-fiscal-year eligibility period for the portion established in 2017 and 60,000 shares held in the trust. - FY2018-Q3RestatedAnnual report
「The plan covers a 3-fiscal-year eligibility period corresponding to the period covered by the medium-term management plan, with shares of the Company and other benefits delivered at the time directors and other eligible persons leave office based on their positions and the degree of achievement of annual performance targets. However, the BIP Trust established in 2017 covers the 2 fiscal years from the fiscal year ending 31 March 2018 through the fiscal year ending 31 March 2019, the remaining period of the current medium-term management plan.」
The Company restated the eligibility period and performance-target-linked structure of the performance-linked stock compensation plan. It disclosed that 60,000 shares remained in the trust. - FY2018-Q2AdvancedAnnual report
「The plan covers a 3-fiscal-year eligibility period corresponding to the period covered by the medium-term management plan, with shares of the Company and other benefits delivered at the time directors and other eligible persons leave office based on their positions and the degree of achievement of annual performance targets. The BIP Trust established in 2017 covers the 2 fiscal years from the fiscal year ending 31 March 2018 through the fiscal year ending 31 March 2019, the remaining period of the current medium-term management plan.」
The Company disclosed the operation of the performance-linked stock compensation plan, confirming a 2-fiscal-year eligibility period for the portion established in 2017 and 60,000 shares held in the trust. - FY2017First statedAnnual report
「We will introduce a performance-linked stock compensation plan to further strengthen awareness of contributing to the improvement of our medium- to long-term performance and enhancement of corporate value, as well as management's focus on shareholders.」
The Company introduced a plan using a BIP Trust for directors and other eligible persons, with an initial eligibility period of 2 fiscal years, a trust funding limit of ¥190 million, and an annual grant limit of 40,000 points. The performance-linked factor varies from 0% to 150% depending on the achievement of targets such as EBITDA.