Enhancing Corporate Value over the Medium to Long Term through Performance-Linked Share-Based Compensation
First written in FY2016. 22 of 30 entries say "Restated". Latest entry: FY2026.
77 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As the period covered by this plan ended with the fiscal year ending 31 March 2024, the Board of Directors resolved on 16 July 2024 to continue the plan for the 3 fiscal years from the fiscal year ending 31 March 2024 through the fiscal year ending 31 March 2027, referred to below as the “covered period,” and, if the trust period is extended, for each subsequent 3-fiscal-year period.」
The resolution to continue the Executive Compensation BIP Trust for 3 fiscal years through the fiscal year ending 31 March 2027 has been disclosed. - FY2026-H1RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust as a performance-linked share compensation plan, with the aim of enhancing directors’ awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term.」
The Executive Compensation BIP Trust, aimed at improving performance and corporate value over the medium to long term, continues. The trust holds 81,968 company shares. - FY2025-H1RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust as a performance-linked share compensation plan, with the aim of enhancing directors’ awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term.」
The Executive Compensation BIP Trust, aimed at improving performance and corporate value over the medium to long term, continues. The number of company shares remaining in the trust is reported as 81,968 both at the end of the previous fiscal year and at the end of the interim period. - FY2024-Q3RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust as a performance-linked share compensation plan, with the aim of enhancing directors’ awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term.」
The Executive Compensation BIP Trust, aimed at improving performance and corporate value over the medium to long term, continues. The disclosed number of company shares remaining in the trust is 81,968. - FY2023-Q3RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust as a performance-linked share compensation plan, with the aim of enhancing directors’ awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term.」
The Executive Compensation BIP Trust, aimed at improving performance and corporate value over the medium to long term, continues. The disclosed number of company shares remaining in the trust is 81,968. - FY2023-Q2RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥121.762 million and 81,968 shares, respectively, at the end of the previous fiscal year, and ¥121.762 million and 81,968 shares, respectively, at the end of the second-quarter consolidated period of the current fiscal year.」
There has been no change from the end of the previous fiscal year in the number or carrying amount of shares remaining in the Executive Compensation BIP Trust, confirming that the plan remains in place. - FY2023-Q1RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥121.762 million and 81,968 shares, respectively, at the end of the previous fiscal year, and ¥121.762 million and 81,968 shares, respectively, at the end of the first-quarter consolidated period of the current fiscal year.」
The Executive Compensation BIP Trust plan and the 81,968 company shares remaining in the trust continue to be disclosed. - FY2022AdvancedAnnual report
「Trust agreement date: 30 June 2021 ⑧ Trust period: 1 August 2021 to 31 August 2024 ⑫ Maximum trust funding amount: ¥110 million (including trust remuneration and trust expenses)」
Specific contractual details, including the trust agreement date, trust period, and maximum trust funding amount, have been disclosed for the continuation of the plan from the fiscal year ending March 2021 through the fiscal year ending March 2024. - FY2022-Q3RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust as a performance-linked share compensation plan, with the aim of enhancing directors’ awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term.」
The Executive Compensation BIP Trust, aimed at improving performance and corporate value over the medium to long term, continues. The trust holds 81,968 company shares. - FY2022-Q2RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust as a performance-linked share compensation plan, with the aim of enhancing directors’ awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term.」
The Executive Compensation BIP Trust, aimed at improving performance and corporate value over the medium to long term, continues. The trust holds 81,968 company shares. - FY2022-Q1RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust as a performance-linked share compensation plan, with the aim of enhancing directors’ awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term.」
The performance-linked share compensation plan continues, and 81,968 company shares remain in the trust. - FY2021AdvancedAnnual report
「The plan adopts a structure known as the Executive Compensation BIP (Board Incentive Plan) Trust, referred to below as the “BIP Trust.” Company shares are acquired through the BIP Trust using the directors’ compensation contributed by the company, up to the maximum amount of funds approved for contribution to the plan at the 73rd Annual General Meeting of Shareholders held on 20 June 2018. In principle, upon retirement, directors receive company shares and cash equivalent to the proceeds from the sale of company shares, in accordance with the degree of achievement of performance targets, position, and other factors.」
It was resolved at the Board of Directors meeting held on 14 June 2021 that the BIP trust, which had covered through the fiscal year ending March 2021, would continue for the 3 fiscal years from the fiscal year ending March 2021 through the fiscal year ending March 2024. - FY2021-Q3RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥121.762 million and 81,968 shares, respectively, at the end of the previous fiscal year, and ¥121.762 million and 81,968 shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
The Executive Compensation BIP Trust plan and the 81,968 company shares remaining in the trust continue to be disclosed. - FY2020AdvancedAnnual report
「The decrease of 29,518 common treasury shares resulted from their delivery from the BIP trust to beneficiaries.」
In connection with the operation of the performance-linked share compensation plan, 29,518 shares were delivered from the BIP trust to beneficiaries, leaving 81,968 shares remaining in the trust. - FY2020-Q3RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust as a performance-linked share compensation plan, with the aim of enhancing directors’ awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term.」
The Executive Compensation BIP Trust, aimed at improving performance and corporate value over the medium to long term, continues. The disclosed number of shares remaining in the trust is 81,968. - FY2020-Q2RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust as a performance-linked share compensation plan, with the aim of enhancing directors’ awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term.」
The Executive Compensation BIP Trust, aimed at improving performance and corporate value over the medium to long term, continues. The disclosed number of shares remaining in the trust is 81,968. - FY2020-Q1RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust as a performance-linked share compensation plan, with the aim of enhancing directors’ awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term.」
The Executive Compensation BIP Trust, aimed at improving performance and corporate value over the medium to long term, continues. The disclosed number of shares remaining in the trust at the end of the first quarter is 81,968. - FY2019AdvancedAnnual report
「The company resolved to submit the continuation and partial revision of the plan to the 73rd Annual General Meeting of Shareholders held on 20 June 2018, and the proposal was approved at the meeting.」
The performance-linked share compensation plan was continued with partial revisions for the fiscal years ending March 2019 through March 2021, and 28,400 shares were disposed of through a third-party allotment to the BIP trust account on 18 September 2018. The trust held 111,486 shares at fiscal year-end, and the disclosed maximum trust funding amount was ¥110 million. - FY2019-Q3RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust as a performance-linked share compensation plan, with the aim of enhancing directors’ awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term.」
The purpose and continuation of the Executive Compensation BIP Trust have been reconfirmed, and 111,486 shares remaining in the trust at the end of the third quarter are reported. - FY2019-Q2RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust as a performance-linked share compensation plan, with the aim of enhancing directors’ awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term.」
The purpose and continuation of the Executive Compensation BIP Trust have been reconfirmed, and 111,486 shares remaining in the trust at the end of the second quarter are reported. - FY2019-Q1RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust as a performance-linked share compensation plan, with the aim of enhancing directors’ awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term.」
The Executive Compensation BIP Trust continues to be disclosed as a performance-linked share compensation plan, with 83,086 company shares remaining in the trust. - FY2018AdvancedAnnual report
「The company resolved to submit the continuation and partial revision of the plan to the 73rd Annual General Meeting of Shareholders held on 20 June 2018, and the proposal was approved at the meeting.」
It was resolved that the performance-linked share compensation plan, which covered the 3 years through the fiscal year ending March 2018, would continue with partial revisions for the 3 fiscal years from the fiscal year ending March 2019 through the fiscal year ending March 2021. - FY2018-Q3RestatedAnnual report
「The common shares included under “Shares with Full Voting Rights (Other)” include 83,000 company shares held by The Master Trust Bank of Japan, Ltd. (Executive Compensation BIP Trust Account, 75,843 shares), representing 830 voting rights.」
The 83,000 shares held by the Executive Compensation BIP Trust continue to be disclosed, confirming that the performance-linked share compensation plan remains in place. - FY2018-Q2RestatedAnnual report
「Of the shares held by The Master Trust Bank of Japan, Ltd., 83,086 company shares were contributed by the company to the Executive Compensation BIP Trust.」
The 83,086 company shares contributed to the Executive Compensation BIP Trust continue to be disclosed, confirming that the performance-linked share compensation plan remains in place. - FY2018-Q1RestatedAnnual report
「The common shares included under “Shares with Full Voting Rights (Other)” include 83,000 company shares held by The Master Trust Bank of Japan, Ltd. (Executive Compensation BIP Trust Account), representing 830 voting rights.」
The Executive Compensation BIP Trust and its holdings of 83,000 shares continue to be disclosed, confirming that the plan remains in place. - FY2017AdvancedAnnual report
「The purpose of this plan is to clarify the linkage between the compensation of directors, excluding outside directors and part-time directors, and the company’s performance and share value, and to enhance their awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term. Under the plan, which covers the 3 fiscal years from the consolidated fiscal year ending 31 March 2016 through the consolidated fiscal year ending 31 March 2018, the company will deliver or otherwise grant its shares to directors as executive compensation, in accordance with the degree of achievement of performance targets, position, and other factors for each consolidated fiscal year.」
The BIP trust plan has progressed, with 2,114 shares delivered to eligible recipients during the fiscal year, leaving 83,086 shares held by the trust at fiscal year-end. The plan covers 3 years, and the maximum trust funding amount is ¥160 million. - FY2017-Q3RestatedAnnual report
「The common shares included under “Shares with Full Voting Rights (Other)” include 83,000 company shares held by The Master Trust Bank of Japan, Ltd. (Executive Compensation BIP Trust Account, 75,843 shares), representing 830 voting rights.」
The shares held by the Executive Compensation BIP Trust continue to be disclosed, confirming that the plan remains in place. - FY2017-Q2RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust from the second quarter of the 71st consolidated fiscal year.」
The introduction of the Executive Compensation BIP Trust continues to be disclosed, confirming that the plan remains in place. - FY2017-Q1RestatedAnnual report
「The company has introduced the Executive Compensation BIP Trust from the 71st fiscal year.」
The performance-linked share compensation plan remains in place, and the treatment of shares held by the trust continues to be disclosed. - FY2016First statedAnnual report
「The purpose of this plan is to clarify the linkage between the compensation of directors, excluding outside directors and part-time directors, and the company’s performance and share value, and to enhance their awareness of contributing to sustained improvements in performance and increased corporate value over the medium to long term. Under the plan, which covers the 3 fiscal years from the consolidated fiscal year ending 31 March 2016 through the consolidated fiscal year ending 31 March 2018, the company will deliver or otherwise grant its shares to directors, excluding outside directors and part-time directors, as executive compensation, in accordance with the degree of achievement of performance targets, position, and other factors for each consolidated fiscal year.」
The company introduced a BIP trust covering 3 years and began a plan to deliver shares and other benefits according to performance achievement, position, and other factors. The maximum trust funding amount is ¥160 million.