Promoting a medium- to long-term focus on improving performance and corporate value through a stock delivery trust for directors
First written in FY2017-Q3. 14 of 28 entries say "Restated". Latest entry: FY2026.
16 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「An agreement to extend the trust period was signed on 9 December 2025" "Scheduled trust termination date: end of August 2028" "Total number of shares related to the share-delivery trust for directors and other officers: 1,334,903 shares」
For the share-delivery trust scheme for directors and other officers, an extension agreement was signed in December 2025, extending the scheduled trust termination date through the end of August 2028. Trust-held shares increased from 793,603 to 1,334,903. - FY2025AdvancedAnnual report
「(An extension agreement is scheduled to be signed by the end of August 2025)" "(The trust period is scheduled to be extended through the end of August 2028)" "During the trust period, the Company will contribute up to ¥600 million in cash for distribution to directors elected and appointed after the relevant ordinary general meeting of shareholders.」
For the share-delivery trust scheme for directors and other officers, the Company indicated plans to extend the trust period through the end of August 2028 and disclosed an additional trust contribution in November 2025 and scheme contributions of up to ¥600 million. Trust-held shares remained unchanged from the end of the previous fiscal year at 793,603. - FY2025-H1RestatedAnnual report
「The carrying amount in the trust of the Company's shares held by the trust was ¥509 million at the end of the previous consolidated fiscal year and ¥509 million at the end of the current interim consolidated accounting period, and is recorded as treasury shares under shareholders' equity. The number of such shares was 793,603 at both the end of the previous consolidated fiscal year and the end of the current interim consolidated accounting period, and these shares are included in treasury shares deducted in calculating per-share information.」
The Company continued the share-delivery trust scheme for directors and other officers and its accounting treatment, with 793,603 trust-held shares and a carrying amount of ¥509 million, unchanged from the end of the previous fiscal year. - FY2024-Q3RestatedAnnual report
「The carrying amount in the trust of the Company's shares held by the trust was ¥563 million at the end of the previous consolidated fiscal year and ¥509 million at the end of the third quarter of the current consolidated fiscal year, and is recorded as treasury shares under shareholders' equity. The number of such shares was 878,878 at the end of the previous consolidated fiscal year and 793,603 at the end of the third quarter of the current consolidated fiscal year, and these shares are included in treasury shares deducted in calculating per-share information.」
The Company continued its share-delivery trust scheme for directors and other officers, reconfirming 793,603 trust-held shares with a carrying amount of ¥509 million. - FY2024-Q2Shares held by the trust and carrying amount decreasedAnnual report
「The carrying amount in the trust of the Company shares held by the trust was ¥563 million at the end of the previous fiscal year and ¥509 million at the end of the second quarter of the fiscal year under review, and the shares were recorded as treasury shares in shareholders’ equity. The number of these shares was 878,878 at the end of the previous fiscal year and 793,603 at the end of the second quarter of the fiscal year under review.」
The Stock Delivery Trust for Directors has continued. Shares held by the trust decreased from 878,878 to 793,603, while the carrying amount decreased from ¥563 million to ¥509 million. - FY2023The trust period was extended, while shares held by the trust and carrying amount decreasedAnnual report
「The Company has introduced a performance-linked stock-based compensation plan for its directors, excluding outside directors and directors who are Audit and Supervisory Committee members (the same applies below), to clarify the linkage between directors’ compensation and the Company’s performance and share value, and further heighten their awareness of contributing to medium- to long-term improvements in performance and increases in corporate value. Scheduled trust termination date: 31 August 2025. The carrying amount in the trust of the Company shares held by the trust was ¥612 million at the end of the previous fiscal year and ¥563 million at the end of the fiscal year under review. The number of these shares was 955,153 at the end of the previous fiscal year and 878,878 at the end of the fiscal year under review.」
The purpose and mechanism of the Stock Delivery Trust for Directors have continued, and the trust period has been extended to the end of August 2025. Shares held by the trust decreased from 955,153 to 878,878, while the carrying amount decreased from ¥612 million to ¥563 million. - FY2023-Q2Shares held by the trust and carrying amount decreasedAnnual report
「The carrying amount in the trust of the Company shares held by the trust was ¥612 million at the end of the previous fiscal year and ¥563 million at the end of the second quarter of the fiscal year under review, and the shares were recorded as treasury shares in shareholders’ equity. The number of these shares was 955,153 at the end of the previous fiscal year and 878,878 at the end of the second quarter of the fiscal year under review.」
The Stock Delivery Trust for Directors has continued. Shares held by the trust decreased from 955,153 to 878,878, while the carrying amount decreased from ¥612 million to ¥563 million. - FY2023-Q1RestatedAnnual report
「The carrying amount in the trust of the Company shares held by the trust was ¥612 million at the end of the previous fiscal year and at the end of the first quarter of the fiscal year under review, and the shares were recorded as treasury shares in shareholders’ equity. The number of these shares was 955,153 at both dates, and they were included in treasury shares deducted in calculating per-share information.」
The mechanism of the Stock Delivery Trust for Directors has continued, with the trust holding 955,153 shares at a carrying amount of ¥612 million, unchanged from the end of the previous fiscal year. - FY2022-Q3Shares held by the trust and carrying amount increasedAnnual report
「The carrying amount in the trust of the Company shares held by the trust was ¥203 million at the end of the previous fiscal year and ¥612 million at the end of the third quarter of the fiscal year under review, and the shares were recorded as treasury shares in shareholders’ equity. The number of these shares was 608,725 at the end of the previous fiscal year and 955,153 at the end of the third quarter of the fiscal year under review, and they were included in treasury shares deducted in calculating per-share information.」
The Stock Delivery Trust for Directors has continued. Shares held by the trust increased from 608,725 at the end of the previous fiscal year to 955,153, while the carrying amount increased from ¥203 million to ¥612 million. - FY2022-Q2Shares held by the trust decreased from 608,725 to 514,175, while the carrying amount increasedAnnual report
「The Company has introduced the stock-based compensation plan for directors, the “Stock Delivery Trust for Directors,” with the aim of heightening directors’ awareness of contributing to medium- to long-term improvements in performance and increases in corporate value. Under the plan, based on the Company’s “Rules for the Stock Delivery Trust for Directors,” a certain number of points are granted to directors each fiscal year, and, in principle, Company shares equivalent to the points granted are delivered when the director leaves office. The carrying amount in the trust of the Company shares held by the trust was ¥203 million at the end of the previous fiscal year and ¥212 million at the end of the second quarter of the fiscal year under review, and the shares were recorded as treasury shares in shareholders’ equity. The number of these shares was 608,725 at the end of the previous fiscal year and 514,175 at the end of the second quarter of the fiscal year under review, and they were included in treasury shares deducted in calculating per-share information.」
The Stock Delivery Trust for Directors has continued. Shares held by the trust decreased from 608,725 at the end of the previous fiscal year to 514,175, while the carrying amount increased from ¥203 million to ¥212 million. - FY2022-Q1RestatedAnnual report
「The carrying amount in the trust of the Company shares held by the trust was ¥203 million at the end of the previous fiscal year and at the end of the first quarter of the fiscal year under review, and the shares were recorded as treasury shares in shareholders’ equity. The number of these shares was 608,725 at both dates, and they were included in treasury shares deducted in calculating per-share information.」
The Stock Delivery Trust for Directors has continued, with the trust holding 608,725 shares at a carrying amount of ¥203 million, unchanged from the end of the previous fiscal year. - FY2021AdvancedAnnual report
「The compensation of the Company’s directors consists of fixed compensation as basic compensation and performance-linked stock-based compensation as non-monetary compensation and a medium- to long-term incentive, under which Company shares are delivered based on the director’s position and the degree to which performance targets are achieved, so that the compensation structure is sufficiently effective as an incentive linked to shareholder interests to promote sustained increases in corporate value. The range varies from 0% to 150% depending on the degree of performance achievement. Scheduled trust termination date: 31 August 2021.」
The Company has specified its compensation policy for the Stock Delivery Trust for Directors, consisting of fixed compensation and performance-linked stock-based compensation, a coefficient ranging from 0% to 150% based on the degree of performance achievement, and a scheduled trust termination date of August 2021. - FY2021-Q3Shares held by the trust decreased slightlyAnnual report
「The Company has introduced the stock-based compensation plan for directors, the “Stock Delivery Trust for Directors,” with the aim of heightening directors’ awareness of contributing to medium- to long-term improvements in performance and increases in corporate value. The carrying amount in the trust of the Company shares held by the trust was ¥220 million at the end of the previous fiscal year and ¥203 million at the end of the third quarter of the fiscal year under review, and the shares were recorded as treasury shares in shareholders’ equity. The number of these shares was 659,000 at the end of the previous fiscal year and 608,725 at the end of the third quarter of the fiscal year under review, and they were included in treasury shares deducted in calculating per-share information.」
The Stock Delivery Trust for Directors has continued. Shares held by the trust decreased from 659,000 to 608,725, while the carrying amount decreased from ¥220 million to ¥203 million. - FY2021-Q2Shares held by the trust and carrying amount decreasedAnnual report
「The carrying amount in the trust of the Company shares held by the trust was ¥220 million at the end of the previous fiscal year and ¥203 million at the end of the second quarter of the fiscal year under review, and the shares were recorded as treasury shares in shareholders’ equity. The number of these shares was 659,000 at the end of the previous fiscal year and 608,750 at the end of the second quarter of the fiscal year under review, and they were included in treasury shares deducted in calculating per-share information.」
The Stock Delivery Trust for Directors has continued, but shares held by the trust decreased from 659,000 to 608,750, while the carrying amount decreased from ¥220 million to ¥203 million. - FY2020-Q3RestatedAnnual report
「The Company has introduced the stock-based compensation plan for directors, the “Stock Delivery Trust for Directors,” with the aim of heightening directors’ awareness of contributing to medium- to long-term improvements in performance and increases in corporate value. Under the plan, based on the Company’s “Rules for the Stock Delivery Trust for Directors,” a certain number of points are granted to directors each fiscal year, and, in principle, Company shares equivalent to the points granted are delivered when the director leaves office. The carrying amount and number of these treasury shares were ¥220 million and 659,000 shares, respectively, at the end of the previous fiscal year and at the end of the third quarter of the fiscal year under review.」
The Company has reconfirmed the Stock Delivery Trust for Directors, its mechanism of granting points each fiscal year and delivering shares when directors leave office, and the trust’s holdings of 659,000 shares with a carrying amount of ¥220 million. - FY2020-Q2RestatedAnnual report
「The Company has introduced the stock-based compensation plan for directors, the “Stock Delivery Trust for Directors,” with the aim of heightening directors’ awareness of contributing to medium- to long-term improvements in performance and increases in corporate value. Under the plan, based on the Company’s “Rules for the Stock Delivery Trust for Directors,” a certain number of points are granted to directors each fiscal year, and, in principle, Company shares equivalent to the points granted are delivered when the director leaves office. The carrying amount and number of these treasury shares were ¥220 million and 659,000 shares, respectively, at the end of the previous fiscal year and at the end of the second quarter of the fiscal year under review.」
The Company has continued the Stock Delivery Trust for Directors, reconfirming the mechanism of granting points each fiscal year and delivering shares when directors leave office, as well as the trust’s holdings of 659,000 shares with a carrying amount of ¥220 million. - FY2019RestatedAnnual report
「The Company decided to introduce a performance-linked stock-based compensation plan for its directors, excluding outside directors and directors who are Audit and Supervisory Committee members (the same applies below), to clarify the linkage between directors’ compensation and the Company’s performance and share value, and further heighten their awareness of contributing to medium- to long-term improvements in performance and increases in corporate value.」
The Company has reconfirmed the details of the plan, including its linkage to performance and share value, delivery of shares when directors leave office, and the scheduled termination of the trust in August 2021. - FY2019-Q3RestatedAnnual report
「The Company has introduced the stock-based compensation plan for directors, the “Stock Delivery Trust for Directors,” with the aim of heightening directors’ awareness of contributing to medium- to long-term improvements in performance and increases in corporate value. Under the plan, based on the Company’s “Rules for the Stock Delivery Trust for Directors,” a certain number of points are granted to directors each fiscal year, and, in principle, Company shares equivalent to the points granted are delivered when the director leaves office. The carrying amount and number of these treasury shares were ¥220 million and 659,000 shares, respectively, at the end of the previous fiscal year and at the end of the third quarter of the fiscal year under review.」
The Stock Delivery Trust for Directors has continued, with the trust holding 659,000 shares at a carrying amount of ¥220 million, unchanged from the end of the previous fiscal year. - FY2019-Q2RestatedAnnual report
「The Company records the remaining Company shares held by the trust as treasury shares in the net assets section at the carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥220 million and 659,000 shares, respectively, at the end of the previous fiscal year and at the end of the second quarter of the fiscal year under review.」
The Stock Delivery Trust for Directors has continued, with the trust holding 659,000 shares at a carrying amount of ¥220 million, unchanged from the end of the previous fiscal year. - FY2019-Q1RestatedAnnual report
「The Company has introduced the stock-based compensation plan for directors, the “Stock Delivery Trust for Directors,” with the aim of heightening directors’ awareness of contributing to medium- to long-term improvements in performance and increases in corporate value. Under the plan, based on the Company’s “Rules for the Stock Delivery Trust for Directors,” a certain number of points are granted to directors each fiscal year, and, in principle, Company shares equivalent to the points granted are delivered when the director leaves office. The carrying amount and number of these treasury shares were ¥220 million and 659,000 shares, respectively, at the end of the previous fiscal year and at the end of the first quarter of the fiscal year under review.」
The Stock Delivery Trust for Directors has continued, with the trust holding 659,000 shares at a carrying amount of ¥220 million, unchanged from the end of the previous fiscal year. - FY2018RestatedAnnual report
「The carrying amount in the trust of the Company shares held by the trust was ¥233 million at the end of the previous fiscal year and ¥220 million at the end of the fiscal year under review, and the shares were recorded as treasury shares in shareholders’ equity. The number of these shares was 700,000 at the end of the previous fiscal year and 659,000 at the end of the fiscal year under review.」
The Stock Delivery Trust for Directors has continued, with the trust holding 659,000 shares at a carrying amount of ¥220 million. - FY2018-Q3RestatedAnnual report
「At the end of the third quarter of the fiscal year under review, the Company shares held by the “Stock Delivery Trust for Directors” were presented as “treasury shares” in the net assets section of the quarterly consolidated balance sheet. At the end of the third quarter of the fiscal year under review, the carrying amount and number of these treasury shares were ¥220 million and 659,000 shares, respectively (at the end of the previous fiscal year: ¥233 million and 700,000 shares).」
The Company has continued the Stock Delivery Trust for Directors, reconfirming that the trust held 659,000 shares with a carrying amount of ¥220 million. - FY2018-Q2Shares held by the trust and carrying amount decreasedAnnual report
「At the end of the second quarter of the fiscal year under review, the Company shares held by the “Stock Delivery Trust for Directors” were presented as “treasury shares” in the net assets section of the quarterly consolidated balance sheet. At the end of the second quarter of the fiscal year under review, the carrying amount and number of these treasury shares were ¥220 million and 659,000 shares, respectively (at the end of the previous fiscal year: ¥233 million and 700,000 shares).」
The Stock Delivery Trust for Directors itself has continued, but at the end of the quarter, shares held by the trust decreased from 700,000 to 659,000, while the carrying amount decreased from ¥233 million to ¥220 million. - FY2018-Q1RestatedAnnual report
「The Company has continued, since the previous fiscal year, the stock-based compensation plan for directors, the “Stock Delivery Trust for Directors,” with the aim of heightening directors’ awareness of contributing to medium- to long-term improvements in performance and increases in corporate value. Under the plan, based on the Company’s “Rules for the Stock Delivery Trust for Directors,” a certain number of points are granted to directors each fiscal year, and, in principle, Company shares equivalent to the points granted are delivered when the director leaves office. At the end of the first quarter of the fiscal year under review, the Company shares held by the “Stock Delivery Trust for Directors” were presented as “treasury shares” in the net assets section of the quarterly consolidated balance sheet. At the end of the first quarter of the fiscal year under review, the carrying amount and number of these treasury shares were ¥233 million and 700,000 shares, respectively (at the end of the previous fiscal year: ¥233 million and 700,000 shares).」
The Company has continued the plan under which points are granted to directors and shares are delivered when they leave office, reconfirming that the trust held 700,000 shares with a carrying amount of ¥233 million. - FY2017RestatedAnnual report
「The Company introduced, from the fiscal year under review, the stock-based compensation plan for directors, the “Stock Delivery Trust for Directors,” with the aim of heightening directors’ awareness of contributing to medium- to long-term improvements in performance and increases in corporate value. At the end of the fiscal year under review, the Company shares held by the “Stock Delivery Trust for Directors” were presented as “treasury shares” in the net assets section of the consolidated balance sheet. At the end of the fiscal year under review, the carrying amount and number of these treasury shares were ¥233 million and 700,000 shares, respectively.」
The Company’s full-year implementation and accounting treatment of the plan for granting points to directors and delivering shares when they leave office have been confirmed. The trust held 700,000 shares with a carrying amount of ¥233 million. - FY2017-Q3First statedAnnual report
「The Company introduced, from the third quarter of the fiscal year under review, the stock-based compensation plan for directors, the “Stock Delivery Trust for Directors,” with the aim of heightening directors’ awareness of contributing to medium- to long-term improvements in performance and increases in corporate value. Under the plan, based on the Company’s “Rules for the Stock Delivery Trust for Directors,” a certain number of points are granted to directors each fiscal year, and, in principle, Company shares equivalent to the points granted are delivered when the director leaves office.」
From the third quarter, the Company introduced a stock-based compensation plan under which points are granted to directors each fiscal year and shares are delivered, in principle, when they leave office. The Company disclosed that the trust held 700,000 shares with a carrying amount of ¥233 million.