Aligning with Medium- to Long-Term Corporate Value Through Performance-Linked Stock Compensation
First written in FY2016. 3 of 7 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2025.
Japan Post Bank moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2023: 6 of 41 companies on the "Worse" side.
7 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Subsequently, based on a resolution of the committee on 18 June 2024, the Bank revised the plan and introduced non-performance-linked stock compensation in addition to the existing performance-linked stock compensation.」
The stock compensation plan for executive officers was changed by adding non-performance-linked compensation to the existing performance-linked compensation. - FY2022AdvancedAnnual report
「On 19 May 2022, the Bank made an additional contribution of ¥654 million to this trust to fund the advance acquisition by the trust of the number of shares reasonably expected to be required for delivery to the Bank's executive officers under this plan.」
For performance-linked stock compensation for executive officers, an additional ¥654 million was contributed in May 2022, and the number of shares scheduled for delivery was disclosed as 931,900. - FY2019AdvancedAnnual report
「For the indicators related to company performance, the Bank decided to establish indicators from several different categories in order to make a comprehensive assessment of the achievement of its management plan and other factors. As indicators suited to the Bank's business model and operations, it uses “net income,” “expansion of operating income and fees from assets entrusted to the Bank,” and “advancement of asset management and risk management.”」
For performance-linked stock compensation, the Bank established net income, assets entrusted to the Bank and fees, and advancement of asset management and risk management as indicators, and also disclosed the results for the fiscal year. - FY2017RestatedAnnual report
「For the 3 fiscal years from the fiscal year ended March 2016 through the fiscal year ended March 2018 (the “initial performance period”), the Bank contributed ¥470 million to this trust on 16 May 2016 to fund the acquisition of shares by the trust for delivery to executive officers.」
The Bank reconfirmed the framework for contributing funds to the trust for performance-linked stock compensation for executive officers, covering 3 fiscal years. - FY2017-Q2RestatedAnnual report
「A stock compensation trust has been established since the interim accounting period of the 11th fiscal year, and the Bank's shares held by the trust are recorded as treasury shares in the interim financial statements.」
Shares held through the stock compensation trust are also recorded as treasury shares in the interim financial statements for the second quarter. - FY2017-Q1AdvancedAnnual report
「A stock compensation trust has been established since the first quarter of fiscal 2016, and the Bank's shares held by the trust are recorded as treasury shares in the quarterly financial statements.」
The disclosure states that the stock compensation trust for performance-linked stock compensation was established from the first quarter. - FY2016First statedAnnual report
「The purpose is to further enhance the awareness among the Bank's executive officers of their contribution to the Bank's sustainable growth and the enhancement of corporate value over the medium to long term by clarifying the linkage between their compensation and the value of the Bank's shares.」
Under the plan for executive officers, the initial performance period is 3 fiscal years, and the maximum number of shares scheduled for delivery is 328,800.