Share-Based Compensation and Incentive Plans Using a Trust for Directors and Employees
First written in FY2018-Q2. 10 of 21 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2019: 1 of 7 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2026-H1Decrease in Shares Held in TrustAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 527,900 shares held by Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 5,279 voting rights.」
The company states that the shares held as trust assets for BBT and J-ESOP totaled 527,900, with 5,279 voting rights, down from the previously reported 700,400 shares. - FY2025-H1Presentation of the number of shares held in trust after the stock splitAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 700,400 shares held by Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 7,004 voting rights.」
The company states that the shares held as trust assets for BBT and J-ESOP totaled 700,400, with 7,004 voting rights. These figures reflect the 2-for-1 stock split on 1 April 2024, so they cannot be directly compared with the 361,000 shares before the split. - FY2024-Q2Decrease in Shares Held in TrustAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 361,000 shares held by Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 3,610 voting rights.」
The number of shares held as trust assets for BBT and J-ESOP decreased from the previously reported 369,400 to 361,000. - FY2024-Q1Decrease in Shares Held in TrustAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 361,000 shares held by Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 3,610 voting rights.」
The number of shares held as trust assets for BBT and J-ESOP decreased from the previous 369,400 to 361,000. - FY2023-Q2RestatedAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 369,400 shares held by Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 3,694 voting rights.」
The company states that the shares held as trust assets for BBT and J-ESOP totaled 369,400, with 3,694 voting rights. - FY2023-Q1Decrease in Shares Held in TrustAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 369,400 shares held by Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 3,694 voting rights.」
The number of shares held as trust assets for BBT and J-ESOP decreased from the previously reported 376,200 to 369,400. - FY2022-Q3Decrease in Shares Held in TrustAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 376,200 shares held by Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 3,762 voting rights.」
The number of shares held as trust assets for BBT and J-ESOP decreased from the previously reported 391,200 to 376,200. - FY2022-Q2Decrease in Shares Held in TrustAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 376,200 shares held by Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 3,762 voting rights.」
The number of shares held as trust assets for BBT and J-ESOP decreased from the previously reported 391,200 to 376,200 as of 30 September 2021. - FY2021RestatedAnnual report
「The carrying amount and number of shares of the treasury shares concerned were ¥122.452 million and 193,600 shares, respectively, as of the end of both the previous consolidated fiscal year and the current consolidated fiscal year.」
The company continued BBT and J-ESOP, with combined residual trust shares of 391,200, unchanged from the previous fiscal year. - FY2021-Q3RestatedAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 391,200 shares held by Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 3,912 voting rights.」
The company states that the shares held as trust assets for BBT and J-ESOP totaled 391,200 shares and 3,912 voting rights, unchanged from the previous report. - FY2021-Q1RestatedAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 391,200 shares held by Asset Management Service Trust Bank, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 3,912 voting rights.」
The company states that the shares held as trust assets for BBT and J-ESOP totaled 391,200 shares and 3,912 voting rights, unchanged from the previous report. - FY2020Decline in shares held by the BBT trustAnnual report
「The carrying amount and number of shares of the treasury shares concerned were ¥126.5 million and 200,000 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥122.452 million and 193,600 shares, respectively, as of the end of the current consolidated fiscal year.」
For BBT, the residual trust shares decreased from 200,000 to 193,600, reflecting a decrease of 6,400 shares due to benefits provided during the fiscal year. J-ESOP had 197,600 shares, bringing the combined total for both plans to 391,200 shares. - FY2020-Q3RestatedAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 391,200 shares held by Asset Management Service Trust Bank, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 3,912 voting rights.」
The company states that the shares held as trust assets for BBT and J-ESOP totaled 391,200 shares and 3,912 voting rights. - FY2020-Q2Decrease in Shares Held in TrustAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 391,200 shares held by Asset Management Service Trust Bank, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 3,912 voting rights.」
The company states that the shares held as trust assets for BBT and J-ESOP totaled 391,200 shares and 3,912 voting rights, down from the previously reported 397,600 shares. - FY2020-Q1RestatedAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 397,600 shares held by Asset Management Service Trust Bank, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 3,976 voting rights.」
The company states that the shares held as trust assets for the stock benefit trust for directors and the employee stock benefit trust totaled 397,600 shares and 3,976 voting rights. - FY2019RestatedAnnual report
「The Plan is a performance-linked stock-based compensation plan under which shares of the company are acquired through a trust funded by money contributed by the company (the “Trust” established under the Plan), and shares of the company and cash equivalent to the value of those shares at market price (the “Company Shares, etc.”) are provided to directors through the Trust in accordance with the company’s rules governing the provision of shares to directors.」
The company reiterates the details of BBT for directors and J-ESOP for employees, the provision of shares through the trusts, and their linkage to performance and the share price. - FY2019-Q3RestatedAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 397,600 shares held by Asset Management Service Trust Bank, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 3,976 voting rights.」
The company states that the shares held as trust assets for the stock benefit trust for directors and the employee stock benefit trust totaled 397,600 shares and 3,976 voting rights. - FY2019-Q1RestatedAnnual report
「The “Other” column under “Shares with Full Voting Rights” includes 198,800 shares held by Asset Management Service Trust Bank, Ltd. (Trust Account E) as trust assets for the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), representing 1,988 voting rights.」
The company states that the shares held as trust assets for the stock benefit trust for directors and the employee stock benefit trust totaled 198,800 shares and 1,988 voting rights. - FY2018RestatedAnnual report
「The carrying amount and number of shares of the treasury shares concerned were ¥126.5 million and 100,000 shares, respectively, as of the end of the consolidated fiscal year.」
For the stock benefit trust for directors and the employee stock benefit trust, the company recorded 100,000 residual trust shares each, with a carrying amount of ¥126.5 million each. - FY2018-Q3AdvancedAnnual report
「The carrying amount and number of shares of the treasury shares concerned were ¥126.5 million and 100,000 shares, respectively, as of the end of the third-quarter consolidated accounting period. The carrying amount and number of shares of the treasury shares concerned were ¥126.5 million and 100,000 shares, respectively, as of the end of the third-quarter consolidated accounting period.」
For the stock benefit trust for directors (BBT) and the employee stock benefit trust (J-ESOP), the company recorded 100,000 residual trust shares each, with a carrying amount of ¥126.5 million each, describing the operation of the plans since their introduction. - FY2018-Q2First statedAnnual report
「Based on a resolution passed at the 64th Annual General Meeting of Shareholders held on 29 June 2017, the company introduced a stock-based compensation plan for its directors (the “Plan”) from the cumulative second-quarter period. [Omitted.] The carrying amount and number of shares of the treasury shares concerned were ¥126.5 million and 100,000 shares, respectively, as of the end of the second-quarter consolidated accounting period. 2. Employee Stock Ownership Plan Trust (J-ESOP) Based on a resolution passed at a Board of Directors meeting held on 8 August 2017, the company introduced an incentive plan to provide employees with shares of the company (the “Plan”) from the cumulative second-quarter period. [Omitted.] The carrying amount and number of shares of the treasury shares concerned were ¥126.5 million and 100,000 shares, respectively, as of the end of the second-quarter consolidated accounting period.」
The company introduced BBT for directors and J-ESOP for employees from the cumulative period through the quarter, acquiring and recording 100,000 shares for each as trust assets.