Performance-linked director stock compensation plan
First written in FY2016. 12 of 34 entries say "Restated". Latest entry: FY2026.
5 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「At the 79th Annual General Meeting of Shareholders held on 26 June 2026, a resolution was passed to transition to the BBT-RS plan, under which transfer restrictions are imposed on shares to be delivered until retirement.」
The shareholders' meeting resolved to transition from the previous BBT plan to BBT-RS, under which transfer restrictions are imposed on shares to be delivered until retirement. The number of shares held in trust is disclosed as 359,900 at the end of the fiscal year. - FY2026-H1Update on shares held in trustAnnual report
「Fully voting shares (treasury shares, etc.) exclude the 361,300 shares of the Company owned by The Custody Bank of Japan, Ltd. (Trust E Account), established to introduce the Stock Benefit Trust (J-ESOP and BBT).」
The number of shares held in trust relating to J-ESOP and BBT is disclosed as 361,300. - FY2025AdvancedAnnual report
「In addition, on 16 June 2025, ¥759 million was contributed and 119,800 shares were acquired.」
The Company discloses that, with respect to BBT, it proceeded to the implementation stage on 16 June 2025, contributing a further ¥759 million and acquiring 119,800 shares. - FY2025-H1Update on shares held in trustAnnual report
「Fully voting shares (treasury shares, etc.) exclude the 244,700 shares of the Company owned by The Custody Bank of Japan, Ltd. (Trust E Account), established to introduce the Stock Benefit Trust (J-ESOP and BBT).」
The number of shares held in trust relating to J-ESOP and BBT is disclosed as 244,700. - FY2024Update on shares held in trustAnnual report
「Fully voting shares (treasury shares, etc.) exclude the 247,700 shares of the Company owned by The Custody Bank of Japan, Ltd. (Trust E Account), established to introduce the Stock Benefit Trust (J-ESOP and BBT).」
The number of shares held in trust relating to J-ESOP and BBT is disclosed as 247,700. - FY2024-Q2Update on shares held in trustAnnual report
「Fully voting shares (treasury shares, etc.) exclude the 250,200 shares of the Company owned by The Custody Bank of Japan, Ltd. (Trust E Account), established to introduce the Stock Benefit Trust (J-ESOP and BBT).」
The number of shares held in trust relating to J-ESOP and BBT is disclosed as 250,200, down from 252,100 in the previous quarter. - FY2024-Q1Update on shares held in trustAnnual report
「Fully voting shares (treasury shares, etc.) exclude the 252,100 shares of the Company owned by The Custody Bank of Japan, Ltd. (Trust E Account), established to introduce the Stock Benefit Trust (J-ESOP and BBT).」
The number of shares held in trust relating to J-ESOP and BBT is disclosed as 252,100. - FY2023AdvancedAnnual report
「In addition, on 14 December 2022, a further ¥92 million was contributed and 20,800 shares were acquired.」
A further ¥92 million was contributed for BBT and 20,800 shares were acquired after the stock split. - FY2023-Q3RestatedAnnual report
「Fully voting shares (treasury shares, etc.) exclude the 116,600 shares of the Company owned by The Custody Bank of Japan, Ltd. (Trust E Account), established to introduce the Stock Benefit Trust (J-ESOP and BBT).」
The treatment of the 116,600 shares held in trust relating to J-ESOP and BBT separately from treasury shares has been reconfirmed. - FY2023-Q2Update on shares held in trustAnnual report
「Fully voting shares (treasury shares, etc.) exclude the 116,600 shares of the Company owned by The Custody Bank of Japan, Ltd. (Trust E Account), established to introduce the Stock Benefit Trust (J-ESOP and BBT).」
The number of shares held in trust relating to J-ESOP and BBT is disclosed as 116,600, down from 117,800 in the previous quarter. - FY2023-Q1Update on shares held in trustAnnual report
「Fully voting shares (treasury shares, etc.) exclude the 117,800 shares of the Company owned by The Custody Bank of Japan, Ltd. (Trust E Account), established to introduce the Stock Benefit Trust (J-ESOP and BBT).」
The number of shares held in trust relating to J-ESOP and BBT is disclosed as 117,800. - FY2022RestatedAnnual report
「The Company has introduced the performance-linked stock compensation plan, the Stock Benefit Trust (BBT), for directors other than outside directors, and has contributed up to ¥108 million for 3 fiscal years under the officer stock benefit trust established under the plan.」
The existing BBT plan, its applicable period and the contribution limit have been reconfirmed. - FY2022-Q3RestatedAnnual report
「Fully voting shares (treasury shares, etc.) exclude the 118,300 shares of the Company owned by The Custody Bank of Japan, Ltd. (Trust E Account), established to introduce the Stock Benefit Trust (J-ESOP and BBT).」
The number of shares held in trust relating to J-ESOP and BBT is disclosed as 118,300. - FY2022-Q2Update on shares held in trustAnnual report
「Fully voting shares (treasury shares, etc.) exclude the 118,300 shares of the Company owned by The Custody Bank of Japan, Ltd. (Trust E Account), established to introduce the Stock Benefit Trust (J-ESOP and BBT).」
The number of shares held in trust relating to J-ESOP and BBT is disclosed as 118,300. - FY2022-Q1Update on shares held in trustAnnual report
「Fully voting shares (treasury shares, etc.) exclude the 121,000 shares of the Company owned by The Custody Bank of Japan, Ltd. (Trust E Account), established to introduce the Stock Benefit Trust (J-ESOP and BBT).」
The number of shares held in trust relating to J-ESOP and BBT is disclosed as 121,000. - FY2021AdvancedAnnual report
「In addition, on 11 December 2020, a further ¥64 million was contributed and 8,800 shares were acquired.」
A further ¥64 million was contributed for BBT and 8,800 shares were acquired. The number of shares held in trust was 25,000 at the end of the fiscal year. - FY2021-Q2Update on shares held in trustAnnual report
「Fully voting shares (treasury stock and other shares) do not include the 112,400 company shares owned by Custody Bank of Japan, Ltd. (Trust E Account), established for the introduction of the Stock Benefit Trust (J-ESOP and BBT).」
The company disclosed 112,400 trust-held shares relating to J-ESOP and BBT. - FY2021-Q1Update on shares held in trustAnnual report
「Fully voting shares (treasury stock and other shares) do not include the 113,200 company shares owned by Asset Management Service Trust Bank, Ltd. (Trust E Account), established for the introduction of the Stock Benefit Trust (J-ESOP and BBT).」
The company disclosed 113,200 trust-held shares relating to J-ESOP and BBT. The trust bank became Custody Bank of Japan, Ltd. on 27 July 2020. - FY2020RestatedAnnual report
「The indicators and amounts used for performance-linked compensation are linked to consolidated net sales, consolidated ordinary income and consolidated net income for the current fiscal year, with the aim of motivating improved performance, and are calculated after taking into account each director's performance of duties.」
The company has reconfirmed that BBT is operated with compensation linked to consolidated net sales, consolidated ordinary income and consolidated net income. - FY2020-Q3RestatedAnnual report
「Fully voting shares (treasury stock and other shares) do not include the 114,000 company shares owned by Asset Management Service Trust Bank, Ltd. (Trust E Account), established for the introduction of the Stock Benefit Trust (J-ESOP and BBT).」
The company has reconfirmed that the 114,000 shares owned by the trust established for J-ESOP and BBT are treated separately from treasury stock. - FY2020-Q2RestatedAnnual report
「Fully voting shares (treasury stock and other shares) do not include the 114,000 company shares owned by Asset Management Service Trust Bank, Ltd. (Trust E Account), established for the introduction of the Stock Benefit Trust (J-ESOP and BBT).」
The company has reconfirmed that the 114,000 shares owned by the trust established for J-ESOP and BBT are treated separately from treasury stock. - FY2020-Q1RestatedAnnual report
「The 64,100 company shares owned by Asset Management Service Trust Bank, Ltd. (Trust E Account), established for the introduction of the Stock Benefit Trust (J-ESOP and BBT), are not included.」
The company has reconfirmed that the 64,100 shares owned by the trust established for J-ESOP and BBT are treated separately from treasury stock. - FY2019RestatedAnnual report
「The indicators and amounts used for performance-linked compensation are linked to consolidated net sales, consolidated ordinary income and consolidated net income for the current fiscal year, with the aim of motivating improved performance, and are calculated after taking into account each director's performance of duties.」
The company has reconfirmed the mechanism under which BBT is operated as a performance-linked stock compensation plan, with compensation linked to consolidated net sales, consolidated ordinary income and net income attributable to owners of the parent. - FY2019-Q3RestatedAnnual report
「The 65,000 company shares owned by Asset Management Service Trust Bank, Ltd. (Trust E Account), established for the introduction of the Stock Benefit Trust (J-ESOP and BBT), are not included.」
The company has reconfirmed that the 65,000 shares owned by the trust established for J-ESOP and BBT are treated separately from treasury stock. - FY2018RestatedAnnual report
「The company has introduced the Stock Benefit Trust (BBT (＝Board Benefit Trust)), under which company shares are provided to its officers, with the aim of clarifying the link between directors' compensation and the company's performance and share value and raising their awareness of contributing to improved medium- to long-term performance and increased enterprise value by sharing with shareholders not only the benefits of a rising share price but also the risk of a falling share price.」
For the BBT already introduced, the company has restated its objectives of linking compensation to performance and share value and enhancing enterprise value over the medium to long term. - FY2017RestatedAnnual report
「On 1 September 2016, ¥107 million was contributed, and Asset Management Service Trust Bank, Ltd. (Trust E Account) had already acquired 17 thousand company shares.」
The company disclosed in its annual report that BBT had been introduced and that the trust had acquired shares for ¥107 million, equivalent to 17 thousand shares. - FY2017-Q3RestatedAnnual report
「During the consolidated accounting period for the third quarter of the current fiscal year, the carrying amount and number of shares of the treasury stock were ¥107 million and 17,500 shares, respectively.」
For the BBT already introduced, the company disclosed 17,500 trust-held shares with a carrying amount of ¥107 million. - FY2017-Q2AdvancedAnnual report
「Based on a resolution at the 69th Annual General Meeting of Shareholders held on 29 June 2016, the company introduced the Stock Benefit Trust (BBT (＝Board Benefit Trust)) (the "Plan") for its directors, excluding outside directors, on 1 September 2016, with the aim of raising their awareness of contributing to improved medium- to long-term performance and increased enterprise value. In connection with the introduction of the Plan during the consolidated accounting period for the second quarter of the current fiscal year, Asset Management Service Trust Bank, Ltd. (Trust E Account) acquired 17,500 company shares.」
The plan proceeded from the shareholder approval stage to the implementation stage, with its introduction on 1 September 2016 and the acquisition of 17,500 shares by the trust. - FY2017-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 May 2016, the company resolved to introduce a new stock compensation plan for its directors, excluding outside directors, called the Stock Benefit Trust (BBT (＝Board Benefit Trust)) (the "Plan"). The proposal concerning the Plan was approved at the 69th Annual General Meeting of Shareholders held on 29 June 2016 (the "Annual General Meeting").」
Following approval by the Annual General Meeting of Shareholders after the Board of Directors' resolution, BBT proceeded to the implementation stage as a plan covering the 3 fiscal years from the fiscal year ended March 2017 through the fiscal year ended March 2019. - FY2016First statedAnnual report
「The purpose is to clarify the link between directors' compensation and the company's performance and share value, and to raise directors' awareness of contributing to improved medium- to long-term performance and increased enterprise value by sharing with shareholders not only the benefits of a rising share price but also the risk of a falling share price.」
The company introduced BBT and disclosed a plan capped at ¥108 million for the 3 fiscal years from the fiscal year ended March 2017 through the fiscal year ended March 2019.