Performance-Linked Share-Based Compensation Tied to Medium- to Long-Term Performance and Share Price
First written in FY2016. 6 of 24 entries say "Raised", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2020: 4 of 30 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2026Disclosed operating results for the final year of the applicable periodAnnual report
「For the current fiscal year, the target operating profit used as an indicator for performance-linked stock compensation was ¥16.3 billion, compared with actual operating profit of ¥15,623 million. Points equivalent to ¥11 million were granted under the performance-linked stock compensation plan.」
For the plan covering the fiscal year ending March 2026, actual operating profit of ¥15,623 million was disclosed against a target of ¥16.3 billion, along with the grant of points equivalent to ¥11 million. - 2026-05-23RestatedGeneral Meetings of Shareholders
「This is a stock-based compensation plan under which a trust established and funded by the company as compensation for directors and others serving during the period from the consolidated fiscal year ending 31 March 2016 through the consolidated fiscal year ending 31 March 2026 acquires the company’s shares through the exchange market and delivers those shares to eligible directors and others based on their positions, performance, and other factors.」
The content of the performance-linked stock-based compensation plan was restated, with the plan period extending through the fiscal year ending March 2026. - FY2026-H1RaisedAnnual report
「This is a stock-based compensation plan under which a trust established and funded by the company as compensation for directors and others serving during the period from the consolidated fiscal year ending 31 March 2016 through the consolidated fiscal year ending 31 March 2026 acquires the company’s shares through the exchange market and delivers those shares to eligible directors and others based on their positions, performance, and other factors.」
The coverage period for the performance-linked stock compensation plan was extended from the fiscal year ending March 2025 through the fiscal year ending March 2026. Remaining trust-held shares decreased from 586 thousand at the end of the previous fiscal year to 573 thousand, and the carrying amount decreased from ¥967 million to ¥945 million. - FY2025AdvancedAnnual report
「In addition, on 19 November 2024, the Company made an additional contribution of ¥600 million to the trust and acquired 300,000 of the Company's shares.」
An additional contribution was made and shares were acquired under the performance-linked stock compensation plan, increasing remaining trust-held shares to 586 thousand and the carrying amount to ¥967 million. - FY2025-H1RaisedAnnual report
「This is a stock compensation plan for directors and others serving during the period from the fiscal year ended March 2016 through the fiscal year ended March 2025. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors and others who meet certain requirements, based on their positions, performance and other factors. The Company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these treasury shares were ¥527 million and 307 thousand shares, respectively, in the previous consolidated fiscal year, and ¥492 million and 286 thousand shares, respectively, in the current interim consolidated fiscal period.」
The coverage period for the performance-linked stock compensation plan was extended from the fiscal year ending March 2024 through the fiscal year ending March 2025. Remaining trust-held shares decreased from 307 thousand to 286 thousand, and the carrying amount decreased from ¥527 million to ¥492 million. - FY2024-Q2Decrease in remaining trust-held shares and carrying amountAnnual report
「This is a stock compensation plan for directors and others serving during the period from the fiscal year ended March 2016 through the fiscal year ended March 2024. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors and others who meet certain requirements, based on their positions, performance and other factors. The carrying amount and number of these treasury shares were ¥641 million and 376 thousand shares, respectively, in the previous consolidated fiscal year, and ¥527 million and 307 thousand shares, respectively, in the second quarter of the current consolidated fiscal year.」
The performance-linked stock compensation plan through the fiscal year ending March 2024 continues. Remaining trust-held shares decreased from 376 thousand to 307 thousand, and the carrying amount decreased from ¥641 million to ¥527 million. - FY2024-Q1RaisedAnnual report
「This is a stock compensation plan for directors and others serving during the period from the fiscal year ended March 2016 through the fiscal year ended March 2024. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors and others who meet certain requirements, based on their positions, performance and other factors.」
The coverage period for the performance-linked stock compensation plan was extended from the fiscal year ending March 2023 through the fiscal year ending March 2024. The mechanism under which the trust acquires shares and delivers them based on performance and other factors continues. - FY2023-Q3Decrease in remaining trust-held shares and carrying amountAnnual report
「The carrying amount and number of these treasury shares were ¥699 million and 413 thousand shares, respectively, in the previous consolidated fiscal year, and ¥641 million and 376 thousand shares, respectively, in the third quarter of the current consolidated fiscal year.」
The performance-linked stock compensation plan continues through the fiscal year ending March 2023. Remaining trust-held shares decreased from 413 thousand to 376 thousand, and the carrying amount decreased from ¥699 million to ¥641 million. - FY2023-Q2Decrease in remaining trust-held shares and carrying amountAnnual report
「The carrying amount and number of these treasury shares were ¥699 million and 413 thousand shares, respectively, in the previous consolidated fiscal year, and ¥641 million and 376 thousand shares, respectively, in the second quarter of the current consolidated fiscal year.」
The performance-linked stock compensation plan continues through the fiscal year ending March 2023. Remaining trust-held shares decreased from 413 thousand to 376 thousand, and the carrying amount decreased from ¥699 million to ¥641 million. - FY2023-Q1RaisedAnnual report
「This is a stock compensation plan for directors and others serving during the period from the fiscal year ended March 2016 through the fiscal year ended March 2023. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors and others who meet certain requirements, based on their positions, performance and other factors.」
The coverage period for the performance-linked stock compensation plan was extended from the fiscal year ending March 2022 through the fiscal year ending March 2023. Remaining trust-held shares totaled 413 thousand, with a carrying amount of ¥699 million, unchanged from the end of the previous fiscal year. - FY2022AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥765 million and 455 thousand shares, respectively, in the previous consolidated fiscal year, and ¥699 million and 413 thousand shares, respectively, in the current consolidated fiscal year.」
As the trust-based stock compensation plan covering the period through the fiscal year ending March 2022 progressed, remaining trust-held shares decreased from 455 thousand to 413 thousand, and the carrying amount decreased from ¥765 million to ¥699 million. - FY2022-Q2Decrease in remaining trust-held shares and carrying amountAnnual report
「This is a stock compensation plan for directors and others serving during the period from the fiscal year ended March 2016 through the fiscal year ended March 2022. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors and others who meet certain requirements, based on their positions, performance and other factors. The figures were ¥765 million and 455 thousand shares in the previous consolidated fiscal year, and ¥699 million and 413 thousand shares in the second quarter of the current consolidated fiscal year.」
The performance-linked stock compensation plan through the fiscal year ending March 2022 continues. Remaining trust-held shares decreased from 455 thousand at a carrying amount of ¥765 million to 413 thousand at ¥699 million. - FY2022-Q1RaisedAnnual report
「This is a stock compensation plan for directors and others serving during the period from the fiscal year ended March 2016 through the fiscal year ended March 2022. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors and others who meet certain requirements, based on their positions, performance and other factors.」
The coverage period for the performance-linked stock compensation plan was extended from the fiscal year ending March 2021 through the fiscal year ending March 2022. Remaining trust-held shares totaled 455 thousand, with a carrying amount of ¥765 million, unchanged from the end of the previous consolidated fiscal year. - FY2020Decrease in remaining trust-held shares and carrying amountAnnual report
「This is a stock compensation plan for directors and others serving during the period from the fiscal year ended March 2016 through the fiscal year ended March 2021. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors and others who meet certain requirements, based on their positions, performance and other factors.」
The plan through the fiscal year ending March 2021 continues. Remaining trust-held shares decreased from 574 thousand at a carrying amount of ¥935 million to 455 thousand at ¥765 million. - FY2020-Q3Decrease in remaining trust-held shares and carrying amountAnnual report
「This is a stock compensation plan for directors and others serving during the period from the fiscal year ended March 2016 through the fiscal year ended March 2021. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors who meet certain requirements, based on their positions, performance and other factors. The figures were ¥935 million and 574 thousand shares in the previous consolidated fiscal year, and ¥765 million and 455 thousand shares in the third quarter of the current consolidated fiscal year.」
The trust-based stock compensation plan through the fiscal year ending March 2021 continues. The Company's shares remaining in the trust decreased from 574 thousand shares at a carrying amount of ¥935 million to 455 thousand shares at ¥765 million. - FY2019-Q2AdvancedAnnual report
「This is a stock compensation plan for directors and others serving during the period from the fiscal year ended March 2016 through the fiscal year ended March 2021. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors who meet certain requirements, based on their positions, performance and other factors. The carrying amount and number of these treasury shares were ¥330 million and 248 thousand shares, respectively, in the previous consolidated fiscal year, and ¥935 million and 574 thousand shares, respectively, in the second quarter of the current consolidated fiscal year.」
The operating status of the trust-based stock compensation plan through the fiscal year ending March 2021 was updated. Remaining trust-held shares increased from 248 thousand to 574 thousand, and the carrying amount increased from ¥330 million to ¥935 million. - FY2018RaisedAnnual report
「This is a stock compensation plan for directors and others serving during the period from the fiscal year ended March 2016 through the fiscal year ended March 2018, or, following continuation of the plan, through the fiscal year ended March 2021. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors and others who meet certain requirements, based on their positions, performance and other factors.」
The coverage period for the performance-linked stock compensation plan was extended through the fiscal year ending March 2021, and an additional contribution of up to ¥700 million is planned in connection with the continuation. - FY2018-Q2RestatedAnnual report
「This is a stock compensation plan for directors and others serving during the 3 consolidated fiscal years from the fiscal year ended March 2016 through the fiscal year ended March 2018. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors who meet certain requirements, based on their positions, performance and other factors. The Company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. In the second quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥330 million and 248 thousand shares, respectively.」
The trust-based performance-linked stock compensation plan covering 3 consolidated fiscal years continues to be disclosed, along with 248 thousand remaining trust-held shares at a carrying amount of ¥330 million. - FY2018-Q1RestatedAnnual report
「This is a stock compensation plan for directors and others serving during the 3 consolidated fiscal years from the fiscal year ended March 2016 through the fiscal year ended March 2018. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors who meet certain requirements, based on their positions, performance and other factors. The Company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. In the first quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥330 million and 248 thousand shares, respectively.」
The trust-based performance-linked stock compensation plan covering 3 consolidated fiscal years continues, with 248 thousand remaining trust-held shares at a carrying amount of ¥330 million. - FY2017AdvancedAnnual report
「The Company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these treasury shares were ¥349 million and 262 thousand shares, respectively, in the previous consolidated fiscal year, and ¥336 million and 252 thousand shares, respectively, in the current consolidated fiscal year.」
The trust-based stock compensation plan continues to operate, with 252 thousand trust-held shares at a carrying amount of ¥336 million. During the year, the number of shares decreased by 9,513 as shares were delivered by the trust. - FY2017-Q3RestatedAnnual report
「This is a stock compensation plan for directors and others serving during the 3 consolidated fiscal years from the fiscal year ended March 2016 through the fiscal year ended March 2018. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors who meet certain requirements, based on their positions, performance and other factors.」
The trust-based performance-linked stock compensation plan covering 3 consolidated fiscal years continues, with 252 thousand trust-held shares at a carrying amount of ¥336 million. - FY2017-Q2RestatedAnnual report
「This is a stock compensation plan for directors and others serving during the 3 consolidated fiscal years from the fiscal year ended March 2016 through the fiscal year ended March 2018. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors who meet certain requirements, based on their positions, performance and other factors.」
The performance-linked stock compensation plan continues to cover the relevant period, with the trust acquiring and delivering shares under the plan. - FY2017-Q1AdvancedAnnual report
「This is a stock compensation plan for directors and others serving during the 3 consolidated fiscal years from the fiscal year ended March 2016 through the fiscal year ended March 2018. Under the plan, a trust established with funds contributed by the Company acquires the Company's shares through the exchange market and delivers them to directors who meet certain requirements, based on their positions, performance and other factors.」
The performance-linked stock compensation plan has been made more specific, with the trust acquiring and delivering shares over 3 consolidated fiscal years. The trust-held shares are stated as 252 thousand shares, with a carrying amount of ¥336 million. - FY2016First statedAnnual report
「This system was introduced to clarify the link between the compensation of directors and other officers and the company's share value, and to increase their motivation to contribute to improving the company's medium- to long-term performance and increasing corporate value by having them share with shareholders not only the benefits of a rising share price but also the risks of a falling share price.」
Covering the 3 fiscal years from the fiscal year ended March 2016 through the fiscal year ended March 2018, with total contributions capped at ¥350 million.