Linking medium- to long-term performance and corporate value enhancement through a BIP trust for share-based executive compensation
First written in FY2021-Q3. 7 of 15 entries say "Restated". Latest entry: 2026-07-10.
6 other companies' latest entry also says "Achieved".
- FY2026AdvancedAnnual report
「The three performance indicators are financial: net income attributable to owners of the parent and capital efficiency (consolidated ROE); and non-financial: external institutional evaluations related to sustainability (ESG) initiatives.」
For the executive compensation scheme, including the BIP trust, net income attributable to owners of the parent, consolidated ROE, and FTSE and MSCI ESG ratings have been incorporated as performance indicators. - FY2026-H1RestatedAnnual report
「We have introduced an executive compensation BIP trust, under which shares of our company are delivered, among other arrangements, using a trust structure for directors and other eligible officers, with the aim of increasing their awareness of contributing to improved medium- to long-term performance and increased corporate value. The carrying amount of our shares held in the trust was ¥1,206 million at the end of the interim consolidated accounting period (¥1,304 million at the end of the previous consolidated fiscal year). The number of shares held by the trust was 1,589 thousand at the end of the interim consolidated accounting period (1,718 thousand at the end of the previous consolidated fiscal year).」
The BIP trust scheme linking compensation to medium- to long-term performance and corporate value has been continued. Trust-held shares decreased from 1.718 million at the end of the previous fiscal year to 1.589 million. - FY2024AdvancedAnnual report
「The maximum amount of funds contributed to the trust is ¥1,000 million in total over 3 business years.」
The executive compensation BIP trust has been continued, and the contribution cap over 3 business years has been revised from ¥900 million in total to ¥1,000 million. Trust-held shares totaled 2.176 million at the end of March 2024. - FY2024-Q3RestatedAnnual report
「We have introduced an executive compensation BIP trust, under which shares of our company are delivered, among other arrangements, using a trust structure for our directors, excluding outside directors and directors who are Audit and Supervisory Committee members, and executive officers, as well as the directors, excluding outside directors, and executive officers of Hiroshima Bank, our subsidiary, with the aim of increasing their awareness of contributing to improved medium- to long-term performance and increased corporate value. The carrying amount of our shares held in the trust was ¥1,652 million at the end of the third-quarter consolidated accounting period (¥1,069 million at the end of the previous consolidated fiscal year). The number of our shares held by the trust was 2,176 thousand shares at the end of the third-quarter consolidated accounting period (1,545 thousand shares at the end of the previous consolidated fiscal year).」
The policy of linking the executive compensation BIP trust to medium- to long-term performance and corporate value has been continued. Trust-held shares increased from 1.545 million at the end of the previous fiscal year to 2.176 million, while the carrying amount increased from ¥1,069 million to ¥1,652 million. - FY2024-Q2AdvancedAnnual report
「We have introduced an executive compensation BIP trust, under which shares of our company are delivered, among other arrangements, using a trust structure for directors and other eligible officers, with the aim of increasing their awareness of contributing to improved medium- to long-term performance and increased corporate value. (2) The carrying amount of our shares held in the trust was ¥1,652 million at the end of the interim consolidated accounting period (¥1,069 million at the end of the previous consolidated fiscal year). (3) The number of our shares held by the trust was 2,176 thousand shares at the end of the interim consolidated accounting period (1,545 thousand shares at the end of the previous consolidated fiscal year).」
While continuing the purpose and structure of the executive compensation BIP trust, trust-held shares increased from 1.545 million at the end of the previous fiscal year to 2.176 million, and the carrying amount increased from ¥1,069 million to ¥1,652 million. - FY2024-Q1RestatedAnnual report
「We have introduced a BIP (Board Incentive Plan) trust for executive compensation, under which shares of our company are delivered, among other arrangements, using a trust structure. The scheme covers our directors, excluding outside directors and directors who are Audit and Supervisory Committee members, and executive officers, as well as the directors, excluding outside directors, and executive officers of Hiroshima Bank, our subsidiary, with the aim of increasing their awareness of contributing to improved medium- to long-term performance and increased corporate value. The carrying amount was ¥956 million at the end of the first-quarter consolidated accounting period (¥1,069 million at the end of the previous consolidated fiscal year). The number of shares was 1,383 thousand at the end of the first-quarter consolidated accounting period (1,545 thousand at the end of the previous consolidated fiscal year).」
The policy of linking the executive compensation BIP trust to medium- to long-term performance and corporate value has been continued. Trust-held shares decreased from 1.545 million at the end of the previous fiscal year to 1.383 million shares. - FY2023-Q2RestatedAnnual report
「The carrying amount of the shares held in the trust was ¥1,069 million at the end of the interim consolidated accounting period (¥1,235 million at the end of the previous consolidated fiscal year). (3) The number of our shares held by the trust was 1,545 thousand shares at the end of the interim consolidated accounting period (1,786 thousand shares at the end of the previous consolidated fiscal year).」
The policy of linking the executive compensation BIP trust to medium- to long-term performance and corporate value has been continued. Trust-held shares decreased by 240 thousand during the period to 1,545 thousand shares. - FY2022RestatedAnnual report
「Points are granted to directors and other eligible officers under the share delivery rules established by our company and Hiroshima Bank. Upon retirement, the trust delivers our shares equivalent to the accumulated points and pays cash equivalent to the proceeds from the conversion and disposal of our shares.」
The linkage between the executive compensation BIP trust and medium- to long-term performance and corporate value has been continued. The total contribution cap over 3 business years is ¥900 million, and the share delivery cap is 2.6 million shares. - FY2022-Q2RestatedAnnual report
「We have introduced a BIP (Board Incentive Plan) trust for executive compensation, under which shares of our company are delivered, among other arrangements, using a trust structure for directors and other eligible officers, with the aim of increasing their awareness of contributing to improved medium- to long-term performance and increased corporate value.」
The executive compensation BIP trust has been continued. At the end of the interim consolidated accounting period, the trust held 1.786 million shares, and 109 thousand shares were delivered or sold on the market during the period. - FY2021RestatedAnnual report
「The maximum amount of funds contributed to the trust, including the amount contributed by Hiroshima Bank, is ¥900 million in total over 3 business years. The maximum number of our shares to be delivered is 2,600,000 shares over 3 business years.」
The executive compensation BIP trust has been continued, with the 3-business-year contribution cap and share delivery cap disclosed in relation to medium- to long-term performance and corporate value. - FY2021-Q3First statedAnnual report
「We have introduced a BIP (Board Incentive Plan) trust for executive compensation, under which shares of our company are delivered, among other arrangements, using a trust structure. The scheme covers our directors, excluding outside directors and directors who are Audit and Supervisory Committee members, and executive officers, as well as the directors, excluding outside directors, and executive officers of Hiroshima Bank, our subsidiary, with the aim of increasing their awareness of contributing to improved medium- to long-term performance and increased corporate value.」
We have introduced a scheme to heighten awareness of contributions to medium- to long-term performance and corporate value by granting points to directors and other eligible officers and delivering shares or cash upon retirement.