Introduction of the BBT Performance-Linked Share-Based Compensation Plan
First written in FY2020. 7 of 16 entries say "Restated". Latest entry: FY2026.
43 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥47 million and 42 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥267 million and 119 thousand shares, respectively, at the end of the current consolidated fiscal year.」
In connection with BBT, shares held by the trust increased from 42 thousand to 119 thousand, while the carrying amount increased from ¥47 million to ¥267 million. - 2026-05-15OtherRevisions to earnings forecasts
「The carrying amount and number of these treasury shares were ¥47 million and 42 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥267 million and 119 thousand shares, respectively, at the end of the current consolidated fiscal year.」
BBT信託に残存する自社株式は、前連結会計年度末の42千株・47百万円から119千株・267百万円へ増加した。 - FY2025-H1Continued decline in shares held in the BBT trustAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at the carrying amount recorded in the trust, excluding incidental expenses. The carrying amount and number of these treasury shares were ¥53 million and 48 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥47 million and 42 thousand shares, respectively, at the end of the current interim consolidated fiscal period.」
Although the company continues to operate the performance-linked stock compensation plan BBT, shares held by the trust decreased from 48 thousand to 42 thousand, while the carrying amount decreased from ¥53 million to ¥47 million. - FY2024AdvancedAnnual report
「For bonuses and other performance-linked compensation, …the variable component ranges from 0% to 200%…with the total amount payable capped at 4% of net income for the current fiscal year. …For stock compensation… the number of shares and other equity instruments delivered varies within a range of 80% to 130% according to the achievement rate of performance targets.」
In addition to continuing to operate BBT, the company disclosed a compensation structure with a 0% to 200% variable component for performance-linked bonuses, total payments capped at 4% of net income for the current fiscal year, and stock compensation deliveries varying from 80% to 130%. The compensation mix for the representative director and president is 60:30:10 for base compensation, bonuses and stock compensation. - FY2024-Q3RestatedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at the carrying amount recorded in the trust, excluding incidental expenses. The carrying amount and number of these treasury shares were ¥59 million and 53 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥53 million and 48 thousand shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
The company continues to operate the performance-linked stock compensation plan BBT and discloses 48 thousand shares held by the trust, with a carrying amount of ¥53 million. - FY2024-Q2Decrease in shares held by the BBT trustAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at the carrying amount recorded in the trust, excluding incidental expenses. The carrying amount and number of these treasury shares were ¥59 million and 53 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥53 million and 48 thousand shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
Although the company continues to operate the performance-linked stock compensation plan BBT, shares held by the trust decreased from 53 thousand to 48 thousand, while the carrying amount decreased from ¥59 million to ¥53 million. - FY2024-Q1RestatedAnnual report
「Based on a resolution of the 87th Annual General Meeting of Shareholders held on 26 June 2020, the company introduced the performance-linked stock compensation plan for directors, excluding outside directors, called the Stock Benefit Trust (BBT (Board Benefit Trust)).」
The company continues to operate the performance-linked stock compensation plan BBT and discloses 53 thousand shares of its own stock remaining in the trust, with a carrying amount of ¥59 million. - FY2023-Q3RestatedAnnual report
「Based on a resolution of the 87th Annual General Meeting of Shareholders held on 26 June 2020, the company introduced the performance-linked stock compensation plan for directors, excluding outside directors, called the Stock Benefit Trust (BBT (Board Benefit Trust)).」
The company continues to operate the performance-linked stock compensation plan BBT and discloses 53 thousand shares held by the trust, with a carrying amount of ¥59.121 million. - FY2023-Q2RestatedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at the carrying amount recorded in the trust, excluding incidental expenses. The carrying amount and number of these treasury shares were ¥59.121 million and 53 thousand shares, respectively, at the end of the previous consolidated fiscal year and ¥59.121 million and 53 thousand shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
The company continues to operate the performance-linked stock compensation plan BBT and discloses 53 thousand shares held by the trust, with a carrying amount of ¥59.121 million. - FY2022RestatedAnnual report
「Based on a resolution of the 87th Annual General Meeting of Shareholders held on 26 June 2020, the company introduced the performance-linked stock compensation plan for directors, excluding outside directors, called the Stock Benefit Trust (BBT (Board Benefit Trust)).」
The company continues to operate BBT and discloses 53,100 shares held by the trust at the end of the fiscal year, with a carrying amount of ¥59.121 million. - FY2022-Q2RestatedAnnual report
「Based on a resolution of the 87th Annual General Meeting of Shareholders held on 26 June 2020, the company introduced the performance-linked stock compensation plan for directors, excluding outside directors, called the Stock Benefit Trust (BBT (Board Benefit Trust)).」
The company continues to operate the performance-linked stock compensation plan BBT and discloses 53 thousand shares of its own stock remaining in the trust, with a carrying amount of ¥59.121 million. - FY2022-Q1RestatedAnnual report
「At the end of the first quarter of the current consolidated fiscal period, the carrying amount and number of these treasury shares were ¥59.901 million and 53 thousand shares, respectively.」
Regarding BBT, the company continues to disclose 53 thousand shares of its own stock remaining in the trust, with a carrying amount of ¥59.901 million. - FY2021AdvancedAnnual report
「The basic policy is to structure directors' compensation so that it is linked to shareholder interests and functions effectively as an incentive for sustainable growth in corporate value, while setting appropriate compensation levels for individual directors based on their respective responsibilities.」
At a Board of Directors meeting held on 17 February 2021, the company resolved its policy for determining individual compensation consisting of fixed compensation, performance-linked compensation and stock compensation under BBT. BBT point allocations are linked to the medium-term net sales plan and medium-term ordinary profit margin plan. - FY2021-Q3AdvancedAnnual report
「At the end of the third quarter of the current consolidated fiscal period, the carrying amount and number of these treasury shares were ¥59.901 million and 53 thousand shares, respectively.」
Under BBT, the company's shares remaining in the trust increased from 25 thousand shares with a carrying amount of ¥26.291 million at the end of the second quarter to 53 thousand shares with a carrying amount of ¥59.901 million. - FY2021-Q2AdvancedAnnual report
「Based on a resolution of the 87th Annual General Meeting of Shareholders held on 26 June 2020, the company introduced the performance-linked stock compensation plan for directors, excluding outside directors, called the Stock Benefit Trust (BBT (Board Benefit Trust)).」
The company introduced BBT based on the resolution of the shareholders' meeting held on 26 June 2020 and, at the end of the second quarter, recorded 25 thousand treasury shares held by the trust, with a carrying amount of ¥26.291 million, as treasury shares. - FY2020First statedAnnual report
「The purpose of this system is to clarify the linkage between directors' compensation, excluding outside directors, and the company's performance and share value, and to encourage directors to share with shareholders not only the benefits of a rising share price but also the risk of a decline, thereby contributing to improved performance and increased corporate value over the medium to long term.」
A performance-linked stock compensation plan approved at the shareholders' meeting held on 26 June 2020. The initial performance period covered the 5 fiscal years from the fiscal year ending March 2021 through the fiscal year ending March 2025, with trust contributions capped at ¥125 million.