Executive Share-Based Compensation through the Board Benefit Trust (BBT)
First written in FY2018-Q2. 4 of 26 entries say "Advanced", first in FY2022. Latest entry: 2026-06-20.
37 other companies' latest entry also says "Advanced".
- 2026-06-20AdvancedGeneral Meetings of Shareholders
「Non-monetary compensation consists of ¥95 million in provisions for the share delivery trust for the fiscal year under review and ¥39 million in additional provision expense from the supplemental trust executed on 13 March 2026, for 11 directors, including 4 outside directors.」
For the share delivery trust, the Company revised non-monetary compensation from ¥95 million to ¥134 million, including ¥39 million in additional provision expense from the supplemental trust. - FY2026AdvancedAnnual report
「At the 88th Annual General Meeting of Shareholders, the Company obtained approval to revise its share-based compensation plan and made additional contributions in August 2021 (the August 2021 timely disclosure, “Notice Regarding the Disposal of Treasury Shares through a Third-Party Allotment in Connection with an Additional Contribution to the Share Benefit Trust (BBT)”) and March 2026 (the February 2026 timely disclosure, “Notice Regarding the Disposal of Treasury Shares through a Third-Party Allotment in Connection with Additional Contributions to the Share Benefit Trusts (BBT-RS and BBT)”).」
In addition to the BBT, the Company also uses the BBT-RS and made an additional contribution in March 2026. At the fiscal year-end, 565,632 shares remained in the trusts, with a carrying amount of ¥753 million. - FY2026-H1Updated the BBT and BBT-RS deducted share countAnnual report
「For the weighted-average number of common shares outstanding during the period used to calculate interim net income per share, the Company’s shares held by The Custody Bank of Japan, Ltd. (Trust E Account) through the share benefit trust (BBT) and the restricted share benefit trust (BBT-RS) are deducted: 171 thousand shares for the current interim consolidated accounting period and 391 thousand shares for the previous interim consolidated accounting period.」
The Company updated the number of shares deducted in calculating EPS for the BBT and BBT-RS from 391 thousand shares in the same period of the previous year to 171 thousand shares. - FY2025-H1AdvancedAnnual report
「For the weighted-average number of common shares outstanding during the period used to calculate interim net income per share, the Company’s shares held by The Custody Bank of Japan, Ltd. (Trust E Account) through the share benefit trust (BBT) and the restricted share benefit trust (BBT-RS) are deducted: 195 thousand shares for the current interim consolidated accounting period and 235 thousand shares for the previous interim consolidated accounting period.」
In addition to the existing BBT, the Company explicitly disclosed the use of the restricted share benefit trust (BBT-RS) and reported 195 thousand shares deducted for both plans during the current interim consolidated accounting period. - FY2024-Q3Disclosed 231 thousand BBT-deducted sharesAnnual report
「For the weighted-average number of common shares outstanding during the period used to calculate quarterly net income per share, the Company’s shares held by The Custody Bank of Japan, Ltd. (Trust E Account) through the share benefit trust (BBT) are deducted: 231 thousand shares for the nine-month period of the current fiscal year and 249 thousand shares for the nine-month period of the previous fiscal year.」
For the BBT-held shares, the Company disclosed that 231 thousand shares are deducted in calculating EPS for the nine-month period of the current fiscal year. - FY2024-Q2Disclosed 223,600 BBT-held shares and 235 thousand deducted sharesAnnual report
「The 223,600 shares of the Company held by The Custody Bank of Japan, Ltd. (Trust E Account) through the share benefit trust (BBT), representing 2,236 voting rights, are included under “Shares with Full Voting Rights (Other).”」
The Company disclosed 223,600 BBT-held shares at the end of the second quarter and deducted 235 thousand shares in calculating EPS for the six-month period of the current fiscal year. - FY2024-Q1Disclosed 242 thousand BBT-deducted sharesAnnual report
「For the weighted-average number of common shares outstanding during the period used to calculate quarterly net income per share, the Company’s shares held by The Custody Bank of Japan, Ltd. (Trust E Account) through the share benefit trust (BBT) are deducted: 242 thousand shares for the three-month period of the current fiscal year and 253 thousand shares for the three-month period of the previous fiscal year.」
For the BBT trust-held shares, the Company deducted 242 thousand shares in calculating quarterly net income per share for the three-month period. - FY2023Disclosed 246,800 shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥544 million and 255,200 shares, respectively, at the end of the previous consolidated fiscal year, and ¥526 million and 246,800 shares, respectively, at the end of the current consolidated fiscal year.」
The BBT shares remaining in the trust decreased from 255,200 to 246,800, and the Company disclosed a carrying amount of ¥526 million. - FY2023-Q3Disclosed 249 thousand BBT-deducted sharesAnnual report
「For the weighted-average number of common shares outstanding during the period used to calculate quarterly net income per share, the Company’s shares held by The Custody Bank of Japan, Ltd. (Trust E Account) through the share benefit trust (BBT) are deducted: 249 thousand shares for the nine-month period of the current fiscal year and 162 thousand shares for the nine-month period of the previous fiscal year.」
For the BBT-held shares, the Company disclosed that 249 thousand shares are deducted in calculating EPS for the nine-month period of the current fiscal year. - FY2023-Q2Disclosed 246,800 BBT-held shares and 250 thousand deducted sharesAnnual report
「The 246,800 shares of the Company held by The Custody Bank of Japan, Ltd. (Trust E Account) through the share benefit trust (BBT), representing 2,468 voting rights, are included under “Shares with Full Voting Rights (Other).”」
The Company disclosed 246,800 BBT-held shares at the end of the second quarter and deducted 250 thousand shares in calculating quarterly net income per share for the six-month period of the current fiscal year. - FY2023-Q1Disclosed 253 thousand BBT-deducted sharesAnnual report
「For the weighted-average number of common shares outstanding during the period used to calculate quarterly net income per share, the Company’s shares held by The Custody Bank of Japan, Ltd. (Trust E Account) through the share benefit trust (BBT) are deducted: 253 thousand shares for the three-month period of the current fiscal year and 78 thousand shares for the three-month period of the previous fiscal year.」
The Company disclosed 253 thousand BBT trust-held shares deducted in calculating EPS for the three-month period of the current fiscal year. - FY2022AdvancedAnnual report
「At the 88th Annual General Meeting of Shareholders, the Company obtained approval to revise its share-based compensation plan and made an additional contribution in August 2021.」
The Company revised the BBT plan and made an additional contribution in August 2021. At the fiscal year-end, 255,200 shares remained in the trust, with a carrying amount of ¥544 million. - FY2022-Q3Disclosed 162 thousand BBT-deducted sharesAnnual report
「For the weighted-average number of common shares outstanding during the period used to calculate quarterly net income per share, the Company’s shares held by The Custody Bank of Japan, Ltd. (Trust E Account) through the share benefit trust (BBT) are deducted: 162 thousand shares for the nine-month period of the current fiscal year and 83 thousand shares for the nine-month period of the previous fiscal year.」
The Company disclosed 162 thousand BBT trust-held shares deducted in calculating EPS for the nine-month period of the current fiscal year. - FY2022-Q2Disclosed 255 thousand trust-held shares and 115 thousand deducted sharesAnnual report
「The 255 thousand shares of the Company held by The Custody Bank of Japan, Ltd. (Trust E Account) through the share benefit trust (BBT), representing 2,552 voting rights, are included under “Shares with Full Voting Rights (Other).” For the weighted-average number of common shares outstanding during the period used to calculate quarterly net income per share, the Company’s shares held through the BBT are deducted: 115 thousand shares for the six-month period of the current fiscal year and 83 thousand shares for the six-month period of the previous fiscal year.」
For the BBT, the Company reported 255 thousand shares under shares with voting rights and deducted 115 thousand shares in calculating EPS for the six-month period of the current fiscal year. - FY2022-Q1Disclosed 78 thousand BBT-deducted sharesAnnual report
「For the weighted-average number of common shares outstanding during the period used to calculate quarterly net income per share, the Company’s shares held by The Custody Bank of Japan, Ltd. (Trust E Account) through the share benefit trust (BBT) are deducted: 78 thousand shares for the three-month period of the current fiscal year and 83 thousand shares for the three-month period of the previous fiscal year.」
The Company disclosed that 78 thousand BBT trust-held shares are deducted in calculating quarterly net income per share for the three-month period of the current fiscal year. - FY2021-Q3Disclosed 83 thousand BBT-deducted sharesAnnual report
「For the weighted-average number of common shares outstanding during the period used to calculate quarterly net income per share, the Company’s shares held by The Custody Bank of Japan, Ltd. (Trust E Account) through the share benefit trust (BBT) are deducted: 83 thousand shares for the nine-month period of the current fiscal year and 89 thousand shares for the nine-month period of the previous fiscal year.」
For the BBT trust-held shares, the Company disclosed that 83 thousand shares are deducted in calculating earnings per share for the nine-month period of the current fiscal year. The trust bank is identified as The Custody Bank of Japan, Ltd., following the merger in July 2020. - FY2021-Q183 thousand BBT-deducted sharesAnnual report
「For the weighted-average number of common shares outstanding during the period used to calculate quarterly net income per share, the Company’s shares held by Asset Management Service Trust Bank, Ltd. (Trust E Account) through the share benefit trust (BBT) are deducted: 83 thousand shares for the three-month period of the current fiscal year and 96 thousand shares for the three-month period of the previous fiscal year.」
The Company disclosed 83 thousand trust-held shares deducted in calculating earnings per share under the officer share-based compensation plan, BBT. - FY2020Disclosed 84,000 trust-held sharesAnnual report
「The carrying amount and number of these treasury shares were ¥342 million and 96,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥298 million and 84,000 shares, respectively, at the end of the current consolidated fiscal year.」
The Company disclosed for the full fiscal year that BBT trust-held shares decreased from 96,300 to 84,000 due to benefits provided to retiring officers. - FY2020-Q3Disclosed 89 thousand BBT-deducted sharesAnnual report
「For the weighted-average number of common shares outstanding during the period used to calculate quarterly net income per share, the Company’s shares held by Asset Management Service Trust Bank, Ltd. (Trust E Account) through the share benefit trust (BBT) are deducted: 89 thousand shares for the nine-month period of the current fiscal year and 97 thousand shares for the nine-month period of the previous fiscal year.」
The Company disclosed that 89 thousand shares held by the BBT are deducted in calculating quarterly net income per share for the nine-month period of the current fiscal year. - FY2020-Q2Disclosed 84 thousand trust-held sharesAnnual report
「The 84 thousand shares of the Company held by Asset Management Service Trust Bank, Ltd. (Trust E Account) through the share benefit trust (BBT), representing 840 voting rights, are included under “Shares with Full Voting Rights (Other).”」
The Company disclosed 84 thousand BBT trust-held shares and 840 voting rights at the end of the second quarter. - FY2020-Q1Disclosed 96 thousand trust-held shares at the quarter-endAnnual report
「For the weighted-average number of common shares outstanding during the period used to calculate quarterly net income per share, the Company’s shares held by Asset Management Service Trust Bank, Ltd. (Trust E Account) through the share benefit trust (BBT) are deducted: 96 thousand shares for the three-month period of the current fiscal year and 100 thousand shares for the three-month period of the previous fiscal year.」
The Company disclosed 96 thousand BBT trust-held shares deducted in calculating earnings per share for the first three months of the current fiscal year. - FY2019Disclosed 96,300 trust-held sharesAnnual 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 costs. The carrying amount and number of these treasury shares were ¥355 million and 100,000 shares, respectively, at the end of the previous consolidated fiscal year, and ¥342 million and 96,300 shares, respectively, at the end of the current consolidated fiscal year.」
The Company disclosed 96,300 BBT trust-held shares at the fiscal year-end, with a carrying amount of ¥342 million. - FY2019-Q3RestatedAnnual report
「For the weighted-average number of common shares outstanding during the period used to calculate quarterly net income per share, the Company’s shares held by Asset Management Service Trust Bank, Ltd. (Trust E Account) through the share benefit trust (BBT) are deducted: 97 thousand shares for the nine-month period of the current fiscal year and 45 thousand shares for the nine-month period of the previous fiscal year.」
The Company disclosed that 97 thousand shares held in trust are deducted in calculating earnings per share under the share benefit trust (BBT). - FY2018RestatedAnnual report
「At a Board of Directors meeting held on 24 May 2017, the Company resolved to introduce a new share-based compensation plan, the share benefit trust (BBT), for directors who also serve as executive officers and for executive officers. The plan was approved as directors’ compensation at the 84th Annual General Meeting of Shareholders held on 29 June 2017.」
The Company continues to disclose the BBT in its annual reports as a share-based compensation plan for officers approved by the General Meeting of Shareholders. - FY2018-Q3RestatedAnnual 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 costs. At the end of the nine-month period of the current fiscal year, the carrying amount of these treasury shares was ¥355 million and the number of shares was 100,000.」
The Company disclosed 100,000 trust-held shares under the share benefit trust (BBT), with a carrying amount of ¥355 million at the quarter-end. - FY2018-Q2First statedAnnual report
「Under this scheme, Company shares are acquired through a trust using funds contributed by the Company and are delivered to directors and other eligible officers through the trust in accordance with the Company's rules on share-based compensation for officers.」
The Company introduced the Board Benefit Trust (BBT) for directors and other officers pursuant to resolutions of the Board of Directors dated 24 May 2017 and the annual shareholders meeting dated 29 June 2017.