Linkage Between Executive Compensation and Medium- to Long-Term Corporate Value
First written in FY2016. 20 of 34 entries say "Restated". Latest entry: 2026-06-03.
2 other companies' latest entry also says "Cited as achieved".
- 2026-06-03Cited as achievedGeneral Meetings of Shareholders
「For payments for the 49th fiscal year (1 April 2025 to 31 March 2026), consolidated net income before expensing performance-linked compensation for tax purposes was ¥6,154 million and consolidated operating income was ¥9,422 million.」
The actual performance indicators used to calculate performance-linked compensation and the amounts paid as director compensation were cited. - FY2026-H1Decline in shares held by the BBT trustAnnual report
「The number of common shares classified as “Shares with Full Voting Rights (Other)” includes 337,700 of the company’s shares owned by The Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock compensation plan for directors, the Stock Benefit Trust (BBT).」
Although the BBT plan continues to operate, shares held in trust declined from 351,400 at the end of the previous fiscal year to 337,700 shares. - FY2025AdvancedAnnual report
「The company introduced the Stock Benefit Trust (BBT), a stock compensation plan for executive directors of the company, excluding outside directors and non-residents, and for executive officers, as well as for executive directors and executive officers of its subsidiaries 株式会社エー・アンド・デイ and 株式会社ホロン.」
BBT is operated as a plan covering not only the holding company but also executive directors and executive officers of its principal subsidiaries, and shares held in trust increased to 351,400. - FY2025-H1Decline in shares held by the BBT trustAnnual report
「The number of common shares classified as “Shares with Full Voting Rights (Other)” includes 198,700 of the company’s shares owned by The Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock compensation plan for directors, the Stock Benefit Trust (BBT).」
Although the BBT plan continues to operate, shares held in trust declined from 241,300 shares disclosed previously to 198,700 shares. - FY2024ReframedAnnual report
「In connection with the transition to a holding company structure effective 1 April 2022, the stock compensation plan had been transferred to Ａ＆Ｄ, a wholly owned subsidiary. At the 47th Annual General Meeting of Shareholders held on 25 June 2024, a resolution was passed to introduce a new plan after revising the existing plan as described below.」
BBT, which had been transferred to a subsidiary when the company transitioned to a holding company structure, was reconfigured for reintroduction by the holding company after revisions to the plan. The annual point ceiling is 80,000 points, with the achievement rate for the operating income target and the year-on-year ratio of the operating margin used as calculation factors. - FY2024-Q3RestatedAnnual report
「The number of common shares classified as “Shares with Full Voting Rights (Other)” includes 241,300 of the company’s shares owned by The Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock compensation plan for directors, the Stock Benefit Trust (BBT).」
The company continues to operate BBT, which links performance and share value to directors’ compensation, and has disclosed 241,300 shares held in trust. The number of shares is substantially unchanged from the previous quarter’s disclosure. - FY2024-Q2Decline in shares held by the BBT trustAnnual report
「The number of common shares classified as “Shares with Full Voting Rights (Other)” includes 241,300 of the company’s shares owned by The Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock compensation plan for directors, the Stock Benefit Trust (BBT).」
Although the BBT plan continues to operate, shares held in trust declined from 275,400 shares disclosed previously to 241,300 shares. - FY2024-Q1RestatedAnnual report
「The number of common shares classified as “Shares with Full Voting Rights (Other)” includes 275,400 of the company’s shares owned by The Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock compensation plan for directors, the Stock Benefit Trust (BBT).」
The company continues to operate BBT, which links performance and share value to directors’ compensation, and has disclosed 275,400 shares held in trust. - FY2023-Q2Continued decline in shares held in trust under BBTAnnual report
「Note: The number of common shares classified as “Shares with Full Voting Rights (Other)” includes 275,400 of the company’s shares owned by The Custody Bank of Japan, Ltd. (Trust Account E) as trust assets for the stock compensation plan for directors, the Stock Benefit Trust (BBT).」
The company disclosed 275,400 shares held in trust under BBT, down further from 303,000 shares previously disclosed. The plan itself continues to operate. - FY2023-Q1RestatedAnnual report
「The trust assets of the Stock Benefit Trust (BBT), the stock-based compensation scheme for directors, include 303,000 shares of the company’s stock owned by Japan Custody Bank, Ltd. (Trust E Account).」
The company continues to operate BBT, which links performance and share value to directors’ compensation, and has disclosed 303,000 shares held in trust. - FY2022ReframedAnnual report
「The company had introduced the Stock Benefit Trust (BBT (Board Benefit Trust)), a stock-based compensation scheme for its executive directors, but in connection with the transition to a holding company structure effective 1 April 2022, the scheme was transferred to its wholly owned subsidiary A&D Co., Ltd. (A&D).」
In connection with the transition to a holding company structure, the BBT, which is linked to performance and share value, was transferred to the wholly owned subsidiary. The trust holds 303,000 shares, and the scheme will continue under the new structure. - FY2022-Q3RestatedAnnual report
「The trust assets of the Stock Benefit Trust (BBT) include 303,000 shares of the company’s stock owned by Japan Custody Bank, Ltd. (Trust E Account).」
The BBT scheme continues to operate, with disclosure of 303,000 shares held by the trust. There has been no substantive change from the previously disclosed 303 thousand shares. - FY2022-Q2Decline in shares held by the BBT trustAnnual report
「The treasury shares do not include the 303 thousand shares (1.44%) owned by Japan Custody Bank, Ltd. (Trust E Account) as trust assets of the Stock Benefit Trust (BBT), but these shares are presented as treasury shares in the quarterly consolidated financial statements.」
The company disclosed 303 thousand shares (1.44%) held by the BBT trust, a decrease from the previous 335,400 shares. The scheme itself continues to operate. - FY2022-Q1RestatedAnnual report
「The trust assets of the Stock Benefit Trust (BBT), the stock-based compensation scheme for directors, include 335,400 shares of the company’s stock owned by Japan Custody Bank, Ltd. (Trust E Account).」
The operation of the BBT, which links executive compensation to performance and share value, and the disclosure of 335,400 shares held by the trust continue. - FY2021AdvancedAnnual report
「The initial budget for consolidated operating profit, which serves as the basis for calculating the above performance coefficient for the 45th fiscal year (1 April 2021 to 31 March 2022), is ¥4,200 million.」
For the BBT performance coefficient, the company disclosed actual operating profit of ¥4,516 million against the 44th fiscal year initial budget of ¥1,130 million, and set an operating profit budget of ¥4,200 million as the calculation basis for the 45th fiscal year. - FY2021-Q3RestatedAnnual report
「The trust assets of the Stock Benefit Trust (BBT) include 335,400 shares of the company’s stock owned by Japan Custody Bank, Ltd. (formerly Asset Management Service Trust Bank, Ltd.) (Trust E Account).」
The operation of the BBT, which links executive compensation to performance and share value, and the disclosure of 335,400 shares held by the trust continue. - FY2021-Q2RestatedAnnual report
「The treasury shares do not include the 335 thousand shares (1.60%) owned by Japan Custody Bank, Ltd. (formerly Asset Management Service Trust Bank, Ltd.) (Trust E Account) as trust assets of the Stock Benefit Trust (BBT).」
The operation of the Stock Benefit Trust (BBT), which links executive compensation to performance and share value, and the disclosure of 335 thousand shares held by the trust continue. - FY2021-Q1AdvancedAnnual report
「As of the filing date of the annual securities report for the previous consolidated fiscal year, it was difficult to reasonably estimate the impact of COVID-19, and the consolidated earnings forecast for the fiscal year ending March 2021 was therefore undetermined. Accordingly, the initial budget for consolidated operating profit, which was to serve as the basis for calculating the performance coefficient for the 44th fiscal year (1 April 2020 to 31 March 2021), was also undetermined. As it has now become possible to forecast performance based on certain assumptions, the company is disclosing ¥1,130 million as the budgeted amount.」
The initial budget for operating profit, which serves as the basis for calculating the Stock Benefit Trust (BBT) performance coefficient, progressed from being undetermined to disclosure of ¥1,130 million. - FY2020RestatedAnnual report
「The total number of points granted to directors per 5 fiscal years is capped at 400,000 points, equivalent to 400,000 common shares of the company.」
The operation of the Stock Benefit Trust (BBT), which links executive compensation to performance and share value, and the cap of 400,000 points per 5 fiscal years continue. - FY2020-Q2RestatedAnnual report
「The treasury shares do not include the 335 thousand shares (1.61%) owned by Asset Management Service Trust Bank, Ltd. (Trust E Account) as trust assets of the Stock Benefit Trust (BBT), but these shares are presented as treasury shares in the quarterly consolidated financial statements.」
The operation of the Stock Benefit Trust (BBT), which links executive compensation to performance and share value, and the disclosure of 335 thousand shares held by the trust continue. - FY2020-Q1RestatedAnnual report
「The trust assets of the Stock Benefit Trust (BBT), the stock-based compensation scheme for directors, include 335,400 shares of the company’s stock owned by Asset Management Service Trust Bank, Ltd. (Trust E Account).」
The operation of the Stock Benefit Trust (BBT), which links executive compensation to performance and share value, and the disclosure of 335,400 shares held by the trust continue. - FY2019RestatedAnnual report
「The total number of points granted to directors per 5 fiscal years is capped at 400,000 points, equivalent to 400,000 common shares of the company.」
For the performance-linked Stock Benefit Trust (BBT), the company disclosed the cap of 400,000 points per 5 fiscal years and the calculation method based on performance coefficients, continuing operation of the existing scheme. - FY2019-Q3RestatedAnnual report
「The trust assets of the Stock Benefit Trust (BBT), the stock-based compensation scheme for directors, include 335,400 shares of the company’s stock owned by Asset Management Service Trust Bank, Ltd. (Trust E Account).」
The operation of the Stock Benefit Trust (BBT), which links executive compensation to performance and share value, and the disclosure of 335,400 shares held by the trust continue. - FY2019-Q2RestatedAnnual report
「At the end of the cumulative second-quarter consolidated accounting period, the carrying amount and number of these treasury shares were ¥126 million and 335 thousand shares, respectively.」
The Stock Benefit Trust (BBT) continues to operate, with 335 thousand shares held by the trust and a carrying amount of ¥126 million recorded. - FY2019-Q1RestatedAnnual report
「The trust assets of the Stock Benefit Trust (BBT), the stock-based compensation scheme for directors, include 335,400 shares of the company’s stock owned by Asset Management Service Trust Bank, Ltd. (Trust E Account).」
The Stock Benefit Trust (BBT) continues to operate, with disclosure of 335,400 shares held by the trust. - FY2018RestatedAnnual report
「The Stock Benefit Trust was approved at the 39th Annual General Meeting of Shareholders held on 23 June 2016. The purpose of the “stock-based compensation” scheme is to clarify the linkage between directors’ compensation and the company’s performance and share value, and to encourage directors to contribute to improved medium- to long-term performance and increased corporate value by sharing with shareholders not only the benefits of a rising share price but also the risk of a decline.」
The purpose and operation of the Stock Benefit Trust (BBT), which links executive compensation to performance and share value, continue. - FY2018-Q3RestatedAnnual report
「At the end of the cumulative third-quarter consolidated accounting period, the carrying amount and number of these treasury shares were ¥126 million and 335 thousand shares, respectively.」
The Stock Benefit Trust (BBT) continues to operate, with 335 thousand shares held by the trust and a carrying amount of ¥126 million recorded. - FY2018-Q2RestatedAnnual report
「At the end of the cumulative second-quarter consolidated accounting period, the carrying amount and number of these treasury shares were ¥126 million and 335 thousand shares, respectively.」
The Stock Benefit Trust (BBT) continues to operate, with 335 thousand shares held by the trust and a carrying amount of ¥126 million recorded. - FY2018-Q1RestatedAnnual report
「Based on a resolution at the 39th Annual General Meeting of Shareholders held on 23 June 2016, the company introduced the Stock Benefit Trust (BBT), a stock-based compensation scheme for its directors other than outside directors. The purpose is to clarify the linkage between directors’ compensation and the company’s performance and share value, and to encourage directors to contribute to improved medium- to long-term performance and increased corporate value by sharing with shareholders not only the benefits of a rising share price but also the risk of a decline.」
The purpose and operation of the Stock Benefit Trust (BBT) continue, with 335 thousand shares held by the trust and a carrying amount of ¥126 million recorded. - FY2017RestatedAnnual report
「Total number of shares scheduled to be acquired by directors and others 335,400 shares」
The operation and disclosure of the 335,400-share Stock Benefit Trust (BBT) scheme continue. - FY2017-Q3RestatedAnnual report
「From the cumulative third quarter of the fiscal year, the company introduced a new stock-based compensation scheme, the Stock Benefit Trust (BBT), for its directors other than outside directors, and applied by analogy the Practical Solution on Transactions of Delivering the Company’s Own Shares to Employees, etc. through a Trust (Practical Solution Report No. 30, 26 March 2015).」
The introduction of the Stock Benefit Trust (BBT) and the recording of 335 thousand shares of the company’s stock remaining in the trust, with a carrying amount of ¥126 million, continued. - FY2017-Q2AdvancedAnnual report
「From the cumulative second quarter of the fiscal year, the company introduced a new stock-based compensation scheme, the Stock Benefit Trust (BBT), for its directors other than outside directors, and applied by analogy the Practical Solution on Transactions of Delivering the Company’s Own Shares to Employees, etc. through a Trust (Practical Solution Report No. 30, 26 March 2015). At the end of the cumulative second-quarter consolidated accounting period, the carrying amount and number of these treasury shares were ¥126 million and 335 thousand shares, respectively.」
The Stock Benefit Trust (BBT) was implemented from the current cumulative quarterly period, and the recording of 335 thousand shares held by the trust has been completed. - FY2017-Q1AdvancedAnnual report
「At a Board of Directors meeting held on 4 August 2016, the company resolved to dispose of treasury shares through a third-party allotment as described below (the “Treasury Share Disposal”). Disposal date: 22 August 2016; number of shares to be disposed of: 335,400 common shares; amount of funds raised: ¥126,110,400.」
Following approval at the General Meeting of Shareholders, the company resolved to dispose of 335,400 treasury shares through a third-party allotment required to operate the Stock Benefit Trust (BBT). The scheme has progressed to the implementation stage. - FY2016First statedAnnual report
「The purpose of introducing this system is to clarify the linkage between directors’ compensation and the company’s performance and share value, and to encourage directors to contribute to improved medium- to long-term performance and increased corporate value by sharing with shareholders not only the benefits of a rising share price but also the risk of a decline.」
A stock delivery trust was introduced. It was designed as a performance-linked scheme capped at 400,000 points over the 5 fiscal years from the fiscal year ended March 2017 through the fiscal year ended March 2021.