Medium- to Long-Term Performance-Linked Share-Based Compensation Scheme Using a Stock Benefit Trust
First written in FY2022. 3 of 8 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026.
37 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Under the Plan, shares of the Company are acquired through a trust (the "Trust") using funds contributed by the Company, and shares of the Company and cash equivalent to the value of the Company's shares at market price (the "Company Shares, etc.") are delivered to directors and other eligible persons through the Trust in accordance with the Company's rules governing the delivery of shares to officers.」
The Company has disclosed the operation of the revised plan, changed from the previous BBT to BBT-RS, covering executive officers in addition to directors, with limits of 1,033,700 shares held by the trust, 200,000 points per year and 1,000,000 shares per applicable period. - FY2025ReframedAnnual report
「Furthermore, based on a resolution adopted at the 105th Annual General Meeting of Shareholders held on 25 June 2025, the plan was revised from FY2025 to the Share Trust Benefit Plan (BBT-RS (Restricted Stock)) (the "Plan").」
The shareholders approved a policy to revise the existing BBT into BBT-RS, under which transfers are restricted until retirement. The limits are 100,000 points per fiscal year and 500,000 shares per applicable period. - FY2024-Q2RestatedAnnual report
「The Company has introduced a share-based compensation plan using a trust for its directors, excluding outside directors, from the second quarter of the 103rd fiscal year.」
The Company continues to report that the share-based compensation plan for directors using a trust is in place. - FY2023RestatedAnnual report
「Based on a resolution adopted at the 102nd Annual General Meeting of Shareholders held on 28 June 2022, the Company has introduced a share-based compensation plan using a trust (the "Plan") for the Company's directors, excluding outside directors.」
The Company continues to disclose that the share-based compensation plan for directors using a share trust is in place and that the trust holds 200 thousand shares. - FY2023-Q3RestatedAnnual report
「Based on a resolution adopted at the 102nd Annual General Meeting of Shareholders held on 28 June 2022, the Company has introduced a share-based compensation plan using a trust (the "Plan") for the Company's directors, excluding outside directors (the same applies below).」
The Company continues to report that the share-based compensation plan using a trust is in place, with the shares held by the trust at the end of the third quarter totaling 200 thousand shares and having a carrying amount of ¥181 million. - FY2023-Q2AdvancedAnnual report
「Based on a resolution adopted at the 102nd Annual General Meeting of Shareholders held on 28 June 2022, the Company has introduced a share-based compensation plan using a trust (the "Plan") for the Company's directors, excluding outside directors (the same applies below).」
The share-based compensation plan using a share trust has been implemented, and the shares held by the trust at the end of the second quarter were disclosed as 200 thousand shares, with a carrying amount of ¥181 million. - FY2023-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 May 2022, the Company resolved to introduce a new share-based compensation plan, the Share Trust Benefit Plan (BBT, or Board Benefit Trust), which was approved at the Annual General Meeting of Shareholders held on 28 June 2022. Under this disposal of treasury shares, treasury shares will be disposed of through a private placement to Japan Custody Bank, Ltd. (Trust E Account), which holds and disposes of the Company's shares in operating the plan. Japan Custody Bank, Ltd. is the re-trustee that received the assets under a re-trust from Mizuho Trust & Banking Co., Ltd., the trustee of the plan.」
Following approval by the Board of Directors and the Annual General Meeting of Shareholders of the share trust benefit plan, the Company is moving toward the disposal of 200,000 treasury shares with a total value of ¥181,800,000 on 22 August 2022. - FY2022First statedAnnual report
「The annual general meeting of shareholders held on 28 June 2022 approved the introduction, from the following fiscal year, of a new share compensation plan separate from the compensation limit approved by the above shareholder meeting. The share compensation will be provided through a stock delivery trust to incentivize improvements in the company's medium- to long-term performance and growth in corporate value. It will be available only to directors other than outside directors, who will receive points based on their positions at a specified time each year, with company shares to be delivered upon retirement after the end of their terms of office in proportion to the number of points earned during their terms.」
Following approval at the annual general meeting of shareholders held on 28 June 2022, the company will introduce a share compensation plan using a stock delivery trust from the following fiscal year.