Aligning Interests with Shareholders through Performance-Linked Stock Compensation
First written in FY2016. 15 of 27 entries say "Restated". Latest entry: FY2026.
21 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We have introduced a stock-based compensation plan, the Stock Benefit Trust (BBT (Board Benefit Trust)), for our directors and executive officers, with the aim of encouraging them to contribute to improved medium- to long-term performance and increased corporate value.」
The BBT has been continued as a performance-linked stock-based compensation plan for directors and executive officers. The 270,600 shares remaining in the trust are unchanged from the end of the previous fiscal year. - 2026-05-29RestatedGeneral Meetings of Shareholders
「At the end of the consolidated fiscal year, the carrying amount and number of shares of these treasury shares were ¥231 million and 270,600 shares, respectively.」
The continued operation of the Board Benefit Trust (BBT) and the carrying amount and number of treasury shares remaining in the trust were reaffirmed. - FY2026-H1RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥231 million and 270,600 shares, respectively, at the end of the previous consolidated fiscal year, and ¥231 million and 270,600 shares, respectively, at the end of the current interim consolidated fiscal period.」
The Stock Benefit Trust (BBT) has been continued, with 270,600 treasury shares remaining in the trust at a carrying amount of ¥231 million, unchanged from the end of the previous consolidated fiscal year. - FY2025-H1RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥231 million and 270,600 shares, respectively, at the end of the previous consolidated fiscal year, and ¥231 million and 270,600 shares, respectively, at the end of the current interim consolidated fiscal period.」
The Stock Benefit Trust (BBT) has been continued, with 270,600 treasury shares remaining in the trust at a carrying amount of ¥231 million, unchanged from the end of the previous consolidated fiscal year. - FY2024-Q3Decline in Shares Remaining in the TrustAnnual report
「The carrying amount and number of these treasury shares were ¥321 million and 375,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥231 million and 270,600 shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
The treasury shares remaining in the Stock Benefit Trust (BBT) decreased from 375,300 shares to 270,600 shares, while their carrying amount decreased from ¥321 million to ¥231 million. - FY2024-Q2Decline in Shares Remaining in the TrustAnnual report
「The carrying amount and number of these treasury shares were ¥321 million and 375,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥231 million and 270,600 shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
The treasury shares remaining in the Stock Benefit Trust (BBT) decreased from 375,300 shares to 270,600 shares, while their carrying amount decreased from ¥321 million to ¥231 million. - FY2024-Q1RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥321 million and 375,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥321 million and 375,300 shares, respectively, at the end of the first quarter of the current consolidated fiscal year.」
The Stock Benefit Trust (BBT) has been continued, with 375,300 treasury shares remaining in the trust at a carrying amount of ¥321 million, unchanged from the end of the previous consolidated fiscal year. - FY2023No stock-based compensation was paid during the current fiscal yearAnnual report
「The performance indicator for performance-linked stock-based compensation during the current fiscal year was budgeted consolidated operating income. As the target was not achieved, no performance-linked stock-based compensation was paid during the current fiscal year.」
The Stock Benefit Trust (BBT) has been continued, but no stock-based compensation was paid during the current fiscal year because budgeted consolidated operating income was not achieved. - FY2023-Q3RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥390 million and 456,100 shares, respectively, at the end of the previous consolidated fiscal year, and ¥321 million and 375,300 shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
The Stock Benefit Trust (BBT) has been continued, with 375,300 treasury shares remaining in the trust at a carrying amount of ¥321 million. - FY2023-Q2Decline in Shares Remaining in the TrustAnnual report
「The carrying amount and number of these treasury shares were ¥390 million and 456,100 shares, respectively, at the end of the previous consolidated fiscal year, and ¥321 million and 375,300 shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
The treasury shares remaining in the Stock Benefit Trust (BBT) decreased from 456,100 shares to 375,300 shares, while their carrying amount decreased from ¥390 million to ¥321 million. - FY2023-Q1ReframedAnnual report
「Subsequently, based on resolutions of the Board of Directors meetings held on 25 December 2020, 22 June 2021 and 21 June 2022, executive officers were added to the scope of the plan, certain provisions were revised, and the plan was continued.」
The Stock Benefit Trust (BBT) has been continued following additional revisions based on the resolution of the Board of Directors meeting held on 21 June 2022. - FY2022-Q3RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥414 million and 483,900 shares, respectively, at the end of the previous consolidated fiscal year and ¥390 million and 456,100 shares, respectively, during the consolidated third quarter of the current fiscal year.」
Treasury shares remaining in the Board Benefit Trust (BBT) totaled 456,100 shares with a carrying amount of ¥390 million, unchanged from the second quarter. - FY2022-Q2Decline in Shares Remaining in the TrustAnnual report
「The carrying amount and number of these treasury shares were ¥414 million and 483,900 shares, respectively, at the end of the previous consolidated fiscal year and ¥390 million and 456,100 shares, respectively, during the consolidated second quarter of the current fiscal year.」
Treasury shares remaining in the Board Benefit Trust (BBT) decreased from 483,900 shares to 456,100 shares, and their carrying amount decreased from ¥414 million to ¥390 million. - FY2022-Q1RestatedAnnual report
「Based on a resolution at the 19th annual general meeting of shareholders held on 21 June 2016, the company introduced the Board Benefit Trust (BBT) stock compensation plan to heighten awareness of contributing to improved medium- to long-term performance and increased corporate value. Based on resolutions of the board of directors held on 25 December 2020 and 22 June 2021, the company continued the Plan after revising certain details.」
The Board Benefit Trust (BBT) was continued after certain revisions. Treasury shares remaining in the trust totaled 483,900 shares with a carrying amount of ¥414 million, unchanged. - FY2021RaisedAnnual report
「This is a performance-linked stock compensation plan under which directors and executive officers (collectively, the "Directors, etc.") receive, through a trust and in accordance with the company's directors' share benefit rules, the company's shares and cash equivalent to the market value of the company's shares (collectively, the "Company Shares, etc.").」
Following the revision of the Plan, eligibility was expanded from directors to directors and executive officers, and the annual point limit was set at 170,000 points, including 100,000 points for directors. - FY2021-Q3ReframedAnnual report
「Based on a resolution at the 19th annual general meeting of shareholders held on 21 June 2016, the company introduced the Board Benefit Trust (BBT) stock compensation plan to heighten awareness of contributing to improved medium- to long-term performance and increased corporate value. Based on a resolution of the board of directors held on 25 December 2020, the company continued the Plan after revising certain details.」
The Board Benefit Trust (BBT) was continued after revising certain details. - FY2021-Q2RestatedAnnual report
「We have introduced the Board Benefit Trust (BBT) stock compensation plan to heighten awareness of contributing to improved medium- to long-term performance and increased corporate value.」
The Board Benefit Trust (BBT) was continued. Treasury shares remaining in the trust totaled 483,900 shares with a carrying amount of ¥414 million, unchanged from the end of the previous consolidated fiscal year. - FY2021-Q1RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥414 million and 483,900 shares, respectively, at the end of the previous consolidated fiscal year and ¥414 million and 483,900 shares, respectively, during the consolidated first quarter of the current fiscal year.」
The Board Benefit Trust (BBT) was continued, with 483,900 treasury shares remaining in the trust at a carrying amount of ¥414 million, unchanged from the end of the previous consolidated fiscal year. - FY2020RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥428 million and 500,000 shares, respectively, at the end of the previous consolidated fiscal year and ¥414 million and 483,900 shares, respectively, for the current consolidated fiscal year.」
The Board Benefit Trust (BBT) was continued, with 483,900 shares remaining in the trust and a carrying amount of ¥414 million disclosed. - FY2020-Q3RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥428 million and 500,000 shares, respectively, at the end of the previous consolidated fiscal year and ¥414 million and 483,900 shares, respectively, during the consolidated third quarter of the current fiscal year.」
The company disclosed that the treasury shares remaining in the Board Benefit Trust (BBT) were 483,900 shares with a carrying amount of ¥414 million. The number of shares remaining was unchanged from the previous quarter. - FY2020-Q2Decline in Shares Remaining in the TrustAnnual report
「The carrying amount and number of these treasury shares were ¥428 million and 500,000 shares, respectively, at the end of the previous consolidated fiscal year and ¥414 million and 483,900 shares, respectively, during the consolidated second quarter of the current fiscal year.」
Treasury shares remaining in the Board Benefit Trust (BBT) decreased from 500,000 shares to 483,900 shares, and their carrying amount decreased from ¥428 million to ¥414 million. - FY2020-Q1RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥428 million and 500,000 shares, respectively, at the end of the previous consolidated fiscal year and ¥428 million and 500,000 shares, respectively, during the consolidated first quarter of the current fiscal year.」
The company disclosed that the treasury shares remaining in the Board Benefit Trust (BBT) were unchanged at a carrying amount of ¥428 million and 500,000 shares. - FY2019-Q3RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥428 million and 500,000 shares, respectively, at the end of the previous consolidated fiscal year and ¥428 million and 500,000 shares, respectively, during the consolidated third quarter of the current fiscal year.」
The company disclosed that the treasury shares remaining in the Board Benefit Trust (BBT) were unchanged at a carrying amount of ¥428 million and 500,000 shares. - FY2017RestatedAnnual report
「The Plan is a performance-linked stock compensation plan under which the company's shares are acquired through a trust funded with money contributed by the company, and the trust provides directors with the company's shares and cash equivalent to the market value of the company's shares, in accordance with the company's directors' share benefit rules. These are collectively referred to as the "Company Shares, etc."」
The annual report reconfirms the details of the Board Benefit Trust (BBT), including contributions of ¥428 million over 5 fiscal years, the acquisition of 500,000 shares and an annual limit of 100,000 points. - FY2017-Q2AdvancedAnnual report
「Based on a resolution of the board of directors held on 29 July 2016, the company introduced a new stock compensation plan, the Board Benefit Trust (BBT, or Board Benefit Trust; hereinafter, the "Plan"), effective 16 August 2016, with the aim of heightening directors' awareness of contributing to improved medium- to long-term performance and increased corporate value. In connection with the introduction of the Plan during the consolidated second quarter, Asset Management Service Trust Bank, Ltd. (Trust Account E) acquired 500,000 shares of the company's stock.」
The Board Benefit Trust (BBT) was introduced on 16 August 2016, and the trust also acquired 500,000 shares in connection with the Plan. - FY2017-Q1AdvancedAnnual report
「At a board meeting held on 29 July 2016, the company resolved to dispose of treasury shares through a third-party allotment. Disposal date: 16 August 2016; number of shares: 500,000; funds raised: ¥428,500,000.」
In connection with the introduction of the Board Benefit Trust (BBT), the company resolved to dispose of 500,000 treasury shares to the trust. - FY2016First statedAnnual report
「The purpose is to heighten directors' awareness of contributing to improved medium- to long-term performance and increased corporate value by having them share with shareholders not only the benefits of a rising share price but also the risk of a decline.」
Based on a resolution at the general meeting of shareholders held on 21 June 2016, the company introduced a Board Benefit Trust (BBT). The limit is 100,000 points per fiscal year and 500,000 shares for the initial 5 fiscal years.