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Ulvac (6728) · InitiativeAdvanced

Performance- and Share Price-Linked Compensation Through a Board Benefit Trust

First written in FY2016. 10 of 21 entries say "Advanced", first in FY2018. Latest entry: FY2026.

21entries
11years
3from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2018 – FY2021-Q2RestatedFY2021-Q3 – FY2023-Q3AdvancedFY2024-Q2 – FY2026-H12016: 12017: 220172018: 120182019: 120192020: 220202021: 220212022: 120222023: 220232024: 220242025: 220252026: 52026
Same theme, other companies
BBT-Based Stock Benefit Trust for DirectorsA theme 100 companies write about · 0 as a headwind · 100 as a tailwind

37 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 100 companies compared. The sentences above are computed from all 100.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Total number of the Company’s shares acquired under this scheme Custody Bank of Japan, Ltd. (Trust E Account) acquired 163,800 shares of the Company.」

    Shares held in trust under the BBT increased from 94,000 at the end of the previous consolidated fiscal year to 163,800.
  3. FY2026-H1AdvancedAnnual report

    「The common shares reported under “Fully Voting Shares (Other)” include 163,800 of the Company’s shares held by the Stock Benefit Trust (BBT) (1,638 voting rights) and 7,700 of the Company’s shares held by the employee Stock Benefit Trust (77 voting rights).」

    The BBT trust held 163,800 shares, while the employee Stock Benefit Trust held 7,700 shares. BBT shareholdings increased from the level disclosed previously.
  4. FY2025RaisedAnnual report

    「At the 121st Annual General Meeting of Shareholders held on 26 September 2025, it was resolved that no upper limit would be set on contributions to this trust.」

    At the Annual General Meeting of Shareholders held on 26 September 2025, it was resolved that no upper limit would be set on contributions to the BBT trust. Shares held in trust totaled 94,000.
  5. FY2025-H1AdvancedAnnual report

    「The common shares reported under “Fully Voting Shares (Other)” include 52,000 of the Company’s shares held by the Stock Benefit Trust (BBT) (520 voting rights) and 8,100 of the Company’s shares held by the employee Stock Benefit Trust (81 voting rights).」

    Shares held by the Stock Benefit Trust (BBT) decreased from the 70,900 reported at the end of the previous consolidated fiscal year to 52,000. The 8,100 shares held by the employee Stock Benefit Trust were also disclosed.
  6. FY2024AdvancedAnnual report

    「Custody Bank of Japan, Ltd. (Trust E Account) acquired 70,900 shares of the Company.」

    Shares held in the Stock Benefit Trust (BBT) decreased from 97 thousand at the end of the previous fiscal year to 70,900.
  7. FY2024-Q2AdvancedAnnual report

    「The common shares under the Fully Voting Shares (Other) category include 75,100 shares of the Company's stock held by the Stock Benefit Trust (BBT), representing 751 voting rights.」

    The Company's shares held by the Stock Benefit Trust (BBT) totaled 75,100, down from 96,800 in the previous disclosure.
  8. FY2023-Q3RestatedAnnual report

    「The common shares under the Fully Voting Shares (Other) category include 96,800 shares of the Company's stock held by the Stock Benefit Trust (BBT), representing 968 voting rights.」

    The Company's shares held by the Stock Benefit Trust (BBT) were 96,800, with no change from the level disclosed previously.
  9. FY2023-Q2RestatedAnnual report

    「The common shares under the Fully Voting Shares (Other) category include 96,800 shares of the Company's stock held by the Stock Benefit Trust (BBT), representing 968 voting rights.」

    The Company's shares held by the Stock Benefit Trust (BBT) were 96,800, with no change from the level disclosed previously.
  10. FY2022-Q3RestatedAnnual report

    「The common shares under the Fully Voting Shares (Other) category include 96,800 shares of the Company's stock held by the Stock Benefit Trust (BBT), representing 968 voting rights.」

    The Company's shares held by the Stock Benefit Trust (BBT) were 96,800, with no change from the level reported in the previous quarterly report.
  11. FY2021-Q3RestatedAnnual report

    「The common shares held by the Stock Benefit Trust (BBT), totaling 96,800 shares and representing 968 voting rights, are included under Fully Voting Shares (Other).」

    The Company's shares held by the Stock Benefit Trust (BBT) were 96,800, with no material change from the level reported in the previous quarterly report.
  12. FY2021-Q2AdvancedAnnual report

    「The common shares held by the Stock Benefit Trust (BBT), totaling 96,800 shares and representing 968 voting rights, are included under Fully Voting Shares (Other).」

    The Company's shares held by the Stock Benefit Trust (BBT) were reported as 96,800, down from 99 thousand shares at the end of the previous consolidated fiscal year.
  13. FY2020AdvancedAnnual report

    「The Company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying value in the trust, excluding incidental costs. The carrying value and number of these treasury shares were ¥235 million and 67 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥337 million and 99 thousand shares, respectively, at the end of the current consolidated fiscal year.」

    The Stock Benefit Trust (BBT) continued to operate, and shares held in trust increased from 67 thousand shares at the end of the previous fiscal year to 99 thousand shares.
  14. FY2020-Q2AdvancedAnnual report

    「The common shares held by the Stock Benefit Trust (BBT), totaling 62,000 shares and representing 620 voting rights, are included under Fully Voting Shares (Other).」

    The Company's shares held by the Stock Benefit Trust (BBT) totaled 62,000, down from 67 thousand shares at the end of the previous fiscal year.
  15. FY2019AdvancedAnnual report

    「At the end of the fiscal year, ¥235 million and 67 thousand shares.」

    The Stock Benefit Trust (BBT) continued to operate, and the Company's shares remaining in the trust decreased from 73 thousand shares at the end of the previous fiscal year to 67 thousand shares. During the fiscal year, 5,600 shares decreased due to benefits provided to directors and other officers.
  16. FY2018AdvancedAnnual report

    「Based on a resolution of the Company's 112th Annual General Meeting of Shareholders held on 29 September 2016, the Company operates the Stock Benefit Trust (BBT (=Board Benefit Trust)), a stock compensation plan intended to clarify the linkage between compensation for directors and other officers and the Company's business performance and share value, and to foster an awareness of contributing to improved medium- to long-term performance and increased corporate value.」

    The BBT plan continued to operate, with 72,600 shares held in trust, a decrease of 1,300 shares during the fiscal year due to benefits provided to directors and other officers.
  17. FY2017RestatedAnnual report

    「Based on a resolution of the Annual General Meeting of Shareholders held on 29 September 2016, the Company operates the Stock Benefit Trust (BBT (=Board Benefit Trust)), a stock compensation plan for the Company's directors, excluding outside directors, and executive officers, collectively referred to as directors and other officers, with the aim of fostering an awareness of contributing to improved medium- to long-term performance and increased corporate value.」

    The overview of the BBT following its introduction, a contribution of ¥260 million, the acquisition of 73,900 shares, and the provision for officer stock benefits were disclosed for the full year.
  18. FY2017-Q2AchievedAnnual report

    「Based on a resolution of the Annual General Meeting of Shareholders held on 29 September 2016, the Company introduced a new stock compensation plan, the Stock Benefit Trust (BBT (=Board Benefit Trust)), for the Company's directors, excluding outside directors, and executive officers, collectively referred to as directors and other officers, with the aim of fostering an awareness of contributing to improved medium- to long-term performance and increased corporate value.」

    The Stock Benefit Trust (BBT), whose introduction had been resolved in the previous filing, was actually introduced based on a resolution of the Annual General Meeting of Shareholders.
  19. FY2016First statedAnnual report

    「The Company's Board of Directors resolved to introduce this plan, subject to approval by the Company's shareholders, with the aim of clarifying the linkage between compensation for directors and other officers and the Company's business performance and share value, and of fostering an awareness among directors and other officers that they share with shareholders not only the benefits of a rising share price but also the risk of a declining share price, thereby contributing to improved medium- to long-term performance and increased corporate value.」

    BBT introduced with a limit of ¥300 million and 76,500 points in total over 3 fiscal years.
Moved together

"Growth driven by semiconductor and electronic component manufacturing equipment" moved the same way as this thread, in the same document, in 8 of its 21 moves.

877444★123456
  1. ★This thread
  2. 1Growth driven by semiconductor and electronic component manufacturing equipment8×
  3. 2Development of Equipment for Next-Generation Nonvolatile Memory and High-Performance Electronic Devices7×
  4. 3Strengthening the Financial Position and Improving the Equity Ratio7×
  5. 4Strengthening Global Development, Procurement and Production Systems and Reducing Costs4×
  6. 5Establishing a structure to secure earnings reliably and steadily4×
  7. 6Policy to Position Research and Development as an Important Pillar of Management4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Ulvac yet. It last moved in the General Meetings of Shareholders of 2026-08-31: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Performance- and Share Price-Linked Compensation Through a Board Benefit Trust | ULVAC, Inc. (6728) | Komori