Share-based compensation for directors
First written in FY2020. 3 of 12 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026-H1.
16 other companies' latest entry also says "Other".
- FY2026-H1Continued decline in shares remaining in the share delivery trust for directors and executive officersAnnual report
「The carrying amount and number of these treasury shares were ¥401 million and 841 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥354 million and 730 thousand shares, respectively, at the end of the interim consolidated accounting period.」
The remaining shares held in the stock delivery trust for directors decreased from 841 thousand shares to 730 thousand shares, while their carrying amount decreased from ¥401 million to ¥354 million. - FY2025RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥416 million and 881 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥401 million and 841 thousand shares, respectively, at the end of the current consolidated fiscal year.」
Under a framework to continue the stock delivery trust for directors through the scheduled end of August 2026, the remaining shares decreased from 881 thousand shares to 841 thousand shares. - FY2025-H1Continued decline in shares remaining in the share delivery trust for directors and executive officersAnnual report
「The carrying amount and number of these treasury shares were ¥416 million and 881 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥401 million and 841 thousand shares, respectively, at the end of the interim consolidated accounting period.」
The remaining shares held in the stock delivery trust for directors decreased from 881 thousand shares to 841 thousand shares, while their carrying amount decreased from ¥416 million to ¥401 million. - FY2024-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 18 July 2023, the Company decided to continue this program and extend the trust term by 3 years.」
The Company decided to continue the stock delivery trust for directors and extend the trust term by 3 years. The shares remaining in the trust increased from 421 thousand shares to 881 thousand shares. - FY2024-Q1Continued decline in shares remaining in the share delivery trust for directors and executive officersAnnual report
「The carrying amount and number of these treasury shares were ¥134 million and 421 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥127 million and 401 thousand shares, respectively, at the end of the first quarter of the current consolidated fiscal year.」
The remaining shares held in the stock delivery trust for directors decreased from 421 thousand shares to 401 thousand shares, while their carrying amount decreased from ¥134 million to ¥127 million. - FY2023Continued decline in shares remaining in the share delivery trust for directors and executive officersAnnual report
「The carrying amount and number of these treasury shares were ¥147 million and 463 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥134 million and 421 thousand shares, respectively, at the end of the current consolidated fiscal year.」
The remaining shares held in the stock delivery trust for directors decreased from 463 thousand shares to 421 thousand shares, while their carrying amount decreased from ¥147 million to ¥134 million. - FY2023-Q2Continued decline in shares remaining in the share delivery trust for directors and executive officersAnnual report
「The Company conducts transactions in which its own shares are delivered through a trust to directors and others, excluding outside directors. The carrying amount and number of these treasury shares were ¥147 million and 463 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥138 million and 435 thousand shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
The remaining shares held in the stock delivery trust for directors decreased from 463 thousand shares to 435 thousand shares, while their carrying amount decreased from ¥147 million to ¥138 million. - FY2022-Q1Decline in shares remaining in the share delivery trust for directors and executive officersAnnual report
「The carrying amount and number of these treasury shares were ¥148 million and 468 thousand shares, respectively, in the previous consolidated fiscal year, and ¥147 million and 463 thousand shares, respectively, as of the first quarter of the current consolidated fiscal year.」
Shares remaining in the share delivery trust for directors and executive officers decreased from 468 thousand shares to 463 thousand shares, while their carrying amount decreased from ¥148 million to ¥147 million. - FY2021AdvancedAnnual report
「The target mix of compensation for each category of director is 65% base compensation, 20% bonuses and 15% share-based compensation, subject to periodic review to ensure that it does not materially deviate from levels at other companies.」
The share delivery trust for directors specifies a compensation mix of 65% base compensation, 20% bonuses and 15% share-based compensation. The plan runs through the conclusion of the Annual General Meeting of Shareholders in June 2023, and 468 thousand trust-held shares remained at the end of the current fiscal year. - FY2021-Q3RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥148 million and 468 thousand shares, respectively, as of the third quarter of the current consolidated fiscal year.」
The trust-held shares under the share delivery trust for directors and executive officers continued to be recognized at ¥148 million and 468 thousand shares. - FY2021-Q2AdvancedAnnual report
「The Company's shares remaining in the trust are recognized as treasury shares in net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these treasury shares were ¥148 million and 468 thousand shares, respectively, as of the second quarter of the current consolidated fiscal year.」
For the share delivery trust for directors and executive officers introduced in May 2020 with shareholder approval, 468 thousand trust-held shares with a carrying amount of ¥148 million were recognized at the end of the second quarter. - FY2020First statedAnnual report
「With respect to share-based compensation for directors, approval was obtained at the 71st Annual General Meeting of Shareholders held on 24 June 2020 to provide compensation of up to ¥100 million per year to the Company's directors who would be in office during the 3-year period from the day following the conclusion of this Annual General Meeting of Shareholders through the conclusion of the Annual General Meeting of Shareholders in June 2023.」
A share-based compensation plan was introduced to align directors' compensation with shareholder value and provide an incentive for medium- to long-term performance improvement and growth in corporate value, within an annual limit of ¥100 million and for a 3-year period.