Introduction of the Performance-Linked Stock Compensation Plan (BBT)
First written in FY2019. 9 of 19 entries say "Restated". Latest entry: FY2027-H1.
5 other companies' latest entry also says "Reframed".
- FY2027-H1ReframedAnnual report
「Pursuant to a resolution at the 102nd Annual General Meeting of Shareholders held on 26 June 2026, the company transitioned to a Stock Benefit Trust (BBT-RS (Board Benefit Trust-Restricted Stock)), under which shares to be delivered to directors and others are subject to transfer restrictions until retirement.」
The scheme transitioned from the previous BBT to BBT-RS, which imposes transfer restrictions until retirement. Shares held in trust decreased from 159,600 at the end of the previous fiscal year to 43,000 at the end of the interim period. - FY2026BBT trust-held shares increased from 148,900 to 159,600Annual report
「The carrying amount and number of shares of the treasury shares were ¥167 million and 148,900 shares at the end of the previous consolidated fiscal year, and ¥322 million and 159,600 shares at the end of the current consolidated fiscal year, respectively.」
Shares held by the BBT Trust increased from 148,900 at the end of the previous fiscal year to 159,600, while their carrying amount increased from ¥167 million to ¥322 million. The disclosure describes the disposal of treasury shares through a third-party allotment to the BBT Trust and related matters. - FY2026-H1BBT trust-held shares decreased from 148,900 to 144,800Annual report
「The carrying amount and number of these treasury shares were ¥167 million and 148,900 shares, respectively, at the end of the previous consolidated fiscal year, and ¥163 million and 144,800 shares, respectively, at the end of the current interim consolidated fiscal period.」
Treasury shares remaining in the BBT trust decreased from 148,900 shares with a carrying amount of ¥167 million at the end of the previous fiscal year to 144,800 shares with a carrying amount of ¥163 million at the end of the interim period. - FY2025-H1BBT trust-held shares decreased from 167,500 to 148,900Annual report
「The carrying amount and number of these treasury shares were ¥188 million and 167,500 shares, respectively, at the end of the previous consolidated fiscal year, and ¥167 million and 148,900 shares, respectively, at the end of the current interim consolidated fiscal period.」
Treasury shares remaining in the BBT trust decreased from 167,500 shares with a carrying amount of ¥188 million at the end of the previous fiscal year to 148,900 shares with a carrying amount of ¥167 million at the end of the interim period. - FY2024-Q3RestatedAnnual report
「Under this performance-linked stock compensation plan, shares of the company are acquired through a trust funded with money contributed by the company (the trust established under this plan is referred to below as the "trust"). In accordance with the company's rules for the delivery of shares to officers, the trust delivers company shares and cash equivalent to the market value of those shares (collectively, "company shares and other benefits") to directors and other officers. In principle, the timing of delivery of company shares and other benefits to directors and other officers is when they leave office. "The carrying amount and number of these treasury shares were ¥188 million and 167,500 shares, respectively, at the end of the previous consolidated fiscal year, and ¥188 million and 167,500 shares, respectively, at the end of the third quarter of the current consolidated fiscal year."」
For the BBT, the company continued to disclose the mechanism for acquiring and delivering shares through the trust, the timing of delivery, which is in principle when the officer leaves office, and 167,500 shares held with a carrying amount of ¥188 million at the end of the third quarter. - FY2024-Q2RestatedAnnual report
「Under this performance-linked stock compensation plan, shares of the company are acquired through a trust funded with money contributed by the company (the trust established under this plan is referred to below as the "trust"). In accordance with the company's rules for the delivery of shares to officers, the trust delivers company shares and cash equivalent to the market value of those shares (collectively, "company shares and other benefits") to directors and other officers. In principle, the timing of delivery of company shares and other benefits to directors and other officers is when they leave office. "The carrying amount and number of these treasury shares were ¥188 million and 167,500 shares, respectively, at the end of the previous consolidated fiscal year, and ¥188 million and 167,500 shares, respectively, at the end of the second quarter of the current consolidated fiscal year."」
For the BBT, the company continued to disclose the mechanism for acquiring and delivering shares through the trust, the timing of delivery, which is in principle when the officer leaves office, and 167,500 shares held with a carrying amount of ¥188 million at the end of the second quarter. - FY2024-Q1RestatedAnnual report
「Under this performance-linked stock compensation plan, shares of the company are acquired through a trust funded with money contributed by the company (the trust established under this plan is referred to below as the "trust"). In accordance with the company's rules for the delivery of shares to officers, the trust delivers company shares and cash equivalent to the market value of those shares (collectively, "company shares and other benefits") to directors and other officers. In principle, the timing of delivery of company shares and other benefits to directors and other officers is when they leave office. "The carrying amount and number of these treasury shares were ¥188 million and 167,500 shares, respectively, at the end of the previous consolidated fiscal year, and ¥188 million and 167,500 shares, respectively, at the end of the first quarter of the current consolidated fiscal year."」
For the BBT, the company continued to disclose the mechanism for acquiring and delivering shares through the trust, the timing of delivery, which is in principle when the officer leaves office, and 167,500 shares held with a carrying amount of ¥188 million at the end of the first quarter. - FY2023-Q2BBT trust-held shares decreased from 175,200 to 167,500Annual report
「The carrying amount and number of these treasury shares were ¥197 million and 175,200 shares, respectively, at the end of the previous consolidated fiscal year, and ¥188 million and 167,500 shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
Treasury shares remaining in the BBT trust decreased from 175,200 shares with a carrying amount of ¥197 million at the end of the previous fiscal year to 167,500 shares with a carrying amount of ¥188 million at the end of the second quarter. - FY2022-Q3RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥199 million and 177,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥197 million and 175,200 shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
The company continued to disclose the BBT trust's mechanism for delivering shares, as well as 175,200 shares held and a carrying amount of ¥197 million at the end of the third quarter. - FY2022-Q2BBT trust-held shares decreased from 177,300 to 175,200Annual report
「The carrying amount and number of these treasury shares were ¥199 million and 177,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥197 million and 175,200 shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
Treasury shares remaining in the BBT trust decreased from 177,300 shares with a carrying amount of ¥199 million at the end of the previous fiscal year to 175,200 shares with a carrying amount of ¥197 million at the end of the second quarter. - FY2022-Q1RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥199 million and 177,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥199 million and 177,300 shares, respectively, at the end of the first quarter of the current consolidated fiscal year.」
The company continued to disclose the BBT trust's mechanism for delivering shares, as well as 177,300 shares held and a carrying amount of ¥199 million at the end of the quarter. - FY2021-Q3RestatedAnnual report
「Under this performance-linked stock compensation plan, shares of the company are acquired through a trust funded with money contributed by the company (the trust established under this plan is referred to below as the "trust"). In accordance with the company's rules for the delivery of shares to officers, the trust delivers company shares and cash equivalent to the market value of those shares (collectively, "company shares and other benefits") to directors and other officers. In principle, the timing of delivery of company shares and other benefits to directors and other officers is when they leave office. "The carrying amount and number of these treasury shares were ¥199 million and 177,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥199 million and 177,300 shares, respectively, at the end of the third quarter of the current consolidated fiscal year."」
The company continued to disclose the mechanism for acquiring and delivering shares through the BBT trust, the timing of delivery, which is in principle when the officer leaves office, and 177,300 shares held with a carrying amount of ¥199 million at the end of the third quarter. - FY2021-Q2RestatedAnnual report
「Under this performance-linked stock compensation plan, shares of the company are acquired through a trust funded with money contributed by the company (the trust established under this plan is referred to below as the "trust"). In accordance with the company's rules for the delivery of shares to officers, the trust delivers company shares and cash equivalent to the market value of those shares (collectively, "company shares and other benefits") to directors and other officers. In principle, the timing of delivery of company shares and other benefits to directors and other officers is when they leave office. "The carrying amount and number of these treasury shares were ¥199 million and 177,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥199 million and 177,300 shares, respectively, at the end of the second quarter of the current consolidated fiscal year."」
For the BBT introduced in June 2019, the company continued to disclose the mechanism for acquiring and delivering shares through the trust, the timing of delivery, which is in principle when the officer leaves office, and 177,300 shares held with a carrying amount of ¥199 million at the end of the second quarter. - FY2021-Q1RestatedAnnual report
「Under this performance-linked stock compensation plan, shares of the company are acquired through a trust funded with money contributed by the company (the trust established under this plan is referred to below as the "trust"). In accordance with the company's rules for the delivery of shares to officers, the trust delivers company shares and cash equivalent to the market value of those shares (collectively, "company shares and other benefits") to directors and other officers. In principle, the timing of delivery of company shares and other benefits to directors and other officers is when they leave office. "The carrying amount and number of these treasury shares were ¥199 million and 177,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥199 million and 177,300 shares, respectively, at the end of the first quarter of the current consolidated fiscal year."」
The company continued to disclose the mechanism for acquiring and delivering shares through the BBT trust, as well as 177,300 shares held and a carrying amount of ¥199 million at the end of the first quarter. - FY2020-Q3RestatedAnnual report
「Under this performance-linked stock compensation plan, shares of the company are acquired through a trust funded with money contributed by the company (the trust established under this plan is referred to below as the "trust"). In accordance with the company's rules for the delivery of shares to officers, the trust delivers company shares and cash equivalent to the market value of those shares (collectively, "company shares and other benefits") to directors and other officers. "As of the end of the third quarter of the current fiscal year, the carrying amount of these treasury shares was ¥199 million and the number of shares was 177,300."」
For the BBT introduced in June 2019, the company continued to disclose the mechanism for acquiring and delivering shares through the trust, as well as 177,300 shares held and a carrying amount of ¥199 million at the end of the third quarter. - FY2020-Q2AdvancedAnnual report
「Under this performance-linked stock compensation plan, shares of the company are acquired through a trust funded with money contributed by the company (the trust established under this plan is referred to below as the "trust"). In accordance with the company's rules for the delivery of shares to officers, the trust delivers company shares and cash equivalent to the market value of those shares (collectively, "company shares and other benefits") to directors and other officers. "As of the end of the second quarter of the current fiscal year, the carrying amount of these treasury shares was ¥199 million and the number of shares was 177,300."」
For the BBT introduced in June 2019, the company disclosed details of the mechanism for acquiring and delivering shares through the trust, as well as 177,300 shares held and a carrying amount of ¥199 million at the end of the quarter. - FY2019First statedAnnual report
「At the 95th Annual General Meeting of Shareholders held on 27 June 2019, the company introduced a new performance-linked stock compensation plan, the Stock Benefit Trust (BBT (Board Benefit Trust)), for directors other than outside directors and executive officers who do not concurrently serve as directors.」
The company introduced a plan designed to clarify the linkage between compensation for directors and other officers and business performance and shareholder value. The two-fiscal-year limit on shares to be delivered is 200,000 shares, of which 108,000 shares are allocated to directors.