Performance-Linked Share-Based Compensation
First written in FY2016. 7 of 28 entries say "Restated". Latest entry: FY2026-H1.
26 other companies' latest entry also says "Other".
- FY2026-H1Increase in shares held in trustAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 569,300 of the company’s shares (5,693 voting rights) held by Japan Custody Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT), Stock Compensation Trust (J-ESOP) and Stock Compensation Trust (Employee Shareholding Association Disposal Type). Of these, the 2,617 voting rights attached to the company’s shares held by the trust as trust assets of BBT were not exercised.」
Shares held in trusts, including BBT, J-ESOP and Employee Shareholding Association Disposal Type, increased to 569,300 shares from 380,100 shares at the end of the previous fiscal year. - FY2025AdvancedAnnual report
「At a Board of Directors meeting held on 6 August 2025, the company resolved to reintroduce the Stock Compensation Trust (Employee Shareholding Association Disposal Type) to enhance employee benefits. The scheme introduced in March 2023 ended in May 2025.」
Following the end of the scheme introduced in 2023, the company reintroduced the Stock Compensation Trust (Employee Shareholding Association Disposal Type) in 2025, setting the trust term through September 2028 and the scheduled number of shares to be acquired at 249,200. - FY2025-H1Decline in shares held in trustAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 380,100 of the company’s shares (3,801 voting rights) held by Japan Custody Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT), Stock Compensation Trust (J-ESOP) and Stock Compensation Trust (Employee Shareholding Association Disposal Type).」
Shares held in the three trusts decreased from 463,500 shares at the end of the previous fiscal year to 380,100 shares. The 2,617 BBT voting rights were not exercised. - FY2024AdvancedAnnual report
「The company has adopted a share-based compensation scheme combining equity-settled and cash-settled awards for directors, excluding outside directors, executive officers and certain directors of its subsidiaries (collectively, “directors and other eligible persons”).」
For BBT, the company disclosed 262,604 shares held by the trust and 262,604 shares scheduled for delivery to directors and other eligible persons, incorporating annual performance, the medium-term plan, climate change, women’s advancement and employee engagement into the compensation metrics. - FY2024-H1Decline in shares held in trustAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 286,900 of the company’s shares (2,869 voting rights) held by Japan Custody Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT), Stock Compensation Trust (J-ESOP) and Stock Compensation Trust (Employee Shareholding Association Disposal Type). Of these, the 1,066 voting rights attached to the company’s shares held by the trust as trust assets of BBT were not exercised.」
Shares held in the three trusts decreased from 463,500 shares at the end of the previous fiscal year and in the previous quarter to 286,900 shares. The 1,066 BBT voting rights were not exercised. - FY2024-Q1Decline in shares held in trustAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 463,500 of the company’s shares (4,635 voting rights) held by Japan Custody Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT), Stock Compensation Trust (J-ESOP) and Stock Compensation Trust (Employee Shareholding Association Disposal Type). Of these, the 2,483 voting rights attached to the company’s shares held by the trust as trust assets of BBT were not exercised.」
Shares held in the three trusts decreased from 500,300 shares at the end of the previous fiscal year and in the previous quarter to 463,500 shares. - FY2023AdvancedAnnual report
「At a Board of Directors meeting held on 14 February 2023, the company resolved to reintroduce the Stock Compensation Trust (Employee Shareholding Association Disposal Type) to enhance employee benefits. The scheme introduced in November 2019 ended in January 2023.」
The company reintroduced the discontinued Stock Compensation Trust (Employee Shareholding Association Disposal Type) in 2023, setting 95,500 shares as the scheduled number of shares and the trust term from 14 March 2023 to 10 March 2026. - FY2023-Q3RestatedAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 500,300 of the company’s shares (5,003 voting rights) held by Japan Custody Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT), Stock Compensation Trust (J-ESOP) and Stock Compensation Trust (Employee Shareholding Association Disposal Type). Of these, the 2,483 voting rights attached to the company’s shares held by the trust as trust assets of BBT were not exercised.」
The company reconfirmed that the three trusts, BBT, J-ESOP and Employee Shareholding Association Disposal Type, held a total of 500,300 shares and 5,003 voting rights. - FY2023-Q2Increase in Shares Held by the TrustAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 500,300 of the company’s shares (5,003 voting rights) held by Japan Custody Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT), Stock Compensation Trust (J-ESOP) and Stock Compensation Trust (Employee Shareholding Association Disposal Type).」
Shares held in the three trusts increased from 393,200 shares in the previous quarter to 500,300 shares. The 2,483 BBT voting rights were not exercised. - FY2023-Q1RestatedAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 393,200 of the company’s shares (3,932 voting rights) held by Japan Custody Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT), Stock Compensation Trust (J-ESOP) and Stock Compensation Trust (Employee Shareholding Association Disposal Type). Of these, the 2,538 voting rights attached to the company’s shares held by the trust as trust assets of BBT were not exercised.」
The company disclosed 393,200 shares and 3,932 voting rights held in the three trusts, BBT, J-ESOP and Employee Shareholding Association Disposal Type, reconfirming the information disclosed at the end of the previous fiscal year. - FY2022Decline in shares held in trustAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 393,200 of the company’s shares (3,932 voting rights) held by Japan Custody Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT), Stock Compensation Trust (J-ESOP) and Stock Compensation Trust (Employee Shareholding Association Disposal Type).」
Shares held in the three trusts decreased from 426,300 shares disclosed previously to 393,200 shares. The company disclosed 253,800 BBT shares scheduled for delivery to directors and other eligible persons and 120,364 J-ESOP shares. - FY2022-Q2Decline in shares held in trustAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 426,300 of the company’s shares (4,263 voting rights) held by Japan Custody Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT), Stock Compensation Trust (J-ESOP) and Stock Compensation Trust (Employee Shareholding Association Disposal Type). Of these, the 2,538 voting rights attached to the company’s shares held by the trust as trust assets of BBT were not exercised.」
Shares held in trusts, including BBT, J-ESOP and Employee Shareholding Association Disposal Type, decreased to 426,300 shares from 460,100 shares disclosed previously. - FY2022-Q1Increase in shares held in trustAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 460,100 of the company’s shares (4,601 voting rights) held by Japan Custody Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT), Stock Compensation Trust (J-ESOP) and Stock Compensation Trust (Employee Shareholding Association Disposal Type). Of these, the 2,538 voting rights attached to the company’s shares held by the trust as trust assets of BBT were not exercised.」
Shares held in trusts, including BBT, J-ESOP and Employee Shareholding Association Disposal Type, totaled 460,100 shares and 4,601 voting rights. - FY2021-Q2Decline in shares held in trustAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 261,900 of the company’s shares (2,619 voting rights) held by Japan Custody Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT), Stock Compensation Trust (J-ESOP) and Stock Compensation Trust (Employee Shareholding Association Disposal Type). Of these, the 288 voting rights attached to the company’s shares held by the trust as trust assets of BBT were not exercised.」
Shares held in trusts, including BBT, J-ESOP and Employee Shareholding Association Disposal Type, totaled 261,900 shares and 2,619 voting rights, down from 373,900 shares disclosed previously. - FY2020AdvancedAnnual report
「Following resolutions of the Board of Directors meetings held on 6 August 2019 and 8 November 2019, the company introduced the Stock Compensation Trust (J-ESOP) to provide incentives aimed at increasing corporate value over the medium term.」
In addition to BBT, the company operates the J-ESOP trust for management-level employees and the Employee Shareholding Association Disposal Type trust. At period-end, 78,000 BBT shares, 120,700 J-ESOP shares and 142,400 Employee Shareholding Association Disposal Type shares were subject to delivery or disposal. - FY2020-Q2Decline in shares held in trustAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 373,900 of the company’s shares (3,739 voting rights) held by Japan Custody Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT), Stock Compensation Trust (J-ESOP) and Stock Compensation Trust (Employee Shareholding Association Disposal Type). Of these, the 780 voting rights attached to the company’s shares held by the trust as trust assets of BBT were not exercised.」
Shares held in trusts, including BBT, J-ESOP and Employee Shareholding Association Disposal Type, decreased from 430,400 shares in the previous quarter to 373,900 shares. The 780 voting rights attributable to BBT were not exercised. - FY2020-Q1Expansion of the scope of the trustAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 430,400 of the company’s shares (4,304 voting rights) held by Asset Management Service Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT), Stock Compensation Trust (J-ESOP) and Stock Compensation Trust (Employee Shareholding Association Disposal Type). Of these, the 784 voting rights attached to the company’s shares held by the trust as trust assets of BBT were not exercised.」
The company disclosed a total of 430,400 shares held in trusts, including the existing BBT, J-ESOP and Employee Shareholding Association Disposal Type trusts. The 784 BBT voting rights were not exercised. - FY2019-Q2Decrease in shares held in the BBT trustAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 79,200 of the company’s shares (792 voting rights) held by Asset Management Service Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT).」
Shares held by the BBT trust decreased by 200, from 79,400 shares in the previous quarter to 79,200 shares. - FY2019-Q1Increase in shares held by the BBT trustAnnual report
「The ordinary shares included under “Fully Voting Shares (Other)” include 79,400 of the company’s shares (794 voting rights) held by Asset Management Service Bank, Ltd. (Trust Account E) as trust assets of the Stock Compensation Trust (BBT). The 794 voting rights were not exercised.」
The company disclosed 79,400 shares and 794 voting rights held by the BBT trust. - FY2018-Q3AdvancedAnnual report
「In addition, in connection with an additional contribution to the Stock Compensation Trust (BBT) scheme, the company disposed of 63,000 treasury shares through a third-party allotment dated 10 September 2018, based on a resolution of the Board of Directors meeting held on 24 August 2018, with Asset Management Service Bank, Ltd. (Trust Account E) as the allottee. Capital surplus and treasury shares each increased by ¥3 million.」
The company disposed of 63,000 treasury shares through a third-party allotment dated 10 September 2018 as an additional contribution to the BBT scheme. - FY2018-Q2Stock benefits granted and shares disposedAnnual report
「During the cumulative second-quarter period, under the Stock Compensation Trust (BBT) scheme, 34,200 treasury shares were delivered from the trust to directors and other eligible persons, while 17,000 treasury shares were disposed of and cash benefits paid. As a result, treasury shares decreased by ¥137 million.」
The company delivered shares and paid cash benefits to directors and other eligible persons under BBT, disclosing a decrease in treasury shares and 16,400 shares held by the trust. - FY2018-Q1RestatedAnnual report
「The common shares under "Shares with Full Voting Rights (Other)" include 67,600 of the Company's shares held by Asset Management Service Trust Bank, Ltd. (Trust E Account) as trust assets of the Stock Benefit Trust (BBT), representing 676 voting rights. These 676 voting rights were not exercised.」
The Company has reiterated that, under the BBT already in place, the trust held 67,600 shares and 676 voting rights. - FY2017-Q3RestatedAnnual report
「The common shares under "Shares with Full Voting Rights (Other)" include 67,600 of the Company's shares held by Asset Management Service Trust Bank, Ltd. (Trust E Account) as trust assets of the Stock Benefit Trust (BBT), representing 676 voting rights. These 676 voting rights were not exercised.」
The Company has disclosed that, under the BBT already in place, the trust held 67,600 shares and 676 voting rights. - FY2017-Q2RestatedAnnual report
「The common shares under "Shares with Full Voting Rights (Other)" include 67,600 of the Company's shares held by Asset Management Service Trust Bank, Ltd. (Trust E Account) as trust assets of the Stock Benefit Trust (BBT), representing 676 voting rights. These 676 voting rights were not exercised.」
The Company has disclosed that, under the Stock Benefit Trust (BBT) already in place, the trust held 67,600 shares and 676 voting rights. - FY2017RestatedAnnual report
「Benefits under this plan are provided in the form of points calculated by multiplying the standard number of points set for each position by a coefficient based on consolidated net sales and consolidated operating income for each fiscal year. In the final year of the medium-term management plan, additional points are granted by applying a coefficient based on the achievement of ROE, ROIC and other management indicators adopted by the Company.」
The Company has reaffirmed that the BBT links benefit points to performance, including net sales, operating income, ROE and ROIC. - FY2016-Q4RestatedAnnual report
「Pursuant to a resolution adopted at the 97th Annual General Meeting of Shareholders held on 17 June 2016, the Company introduced a new stock compensation plan, the Stock Benefit Trust (BBT (Board Benefit Trust)), for its directors, executive officers and certain directors of its subsidiaries (collectively, the "directors and other officers"). At the end of the third quarter, the Company's shares remaining in the trust had a value of ¥190 million and totaled 71,000 shares.」
The Company has disclosed that, under the BBT already in place, the trust held 71,000 shares with a carrying amount of ¥190 million. - FY2016-Q3AchievedAnnual report
「Pursuant to a resolution adopted at the 97th Annual General Meeting of Shareholders held on 17 June 2016, the Company introduced a new stock compensation plan, the Stock Benefit Trust (BBT (Board Benefit Trust)), for its directors, executive officers and certain directors of its subsidiaries (collectively, the "directors and other officers").」
BBT has been introduced, and as of the end of the quarter the trust held 71,000 shares with a carrying amount of ¥190 million. - FY2016First statedAnnual report
「Under this performance-linked stock compensation plan, the Company uses funds it contributes to acquire its shares through a trust. The shares are then delivered through the trust to directors and other officers in accordance with the officer stock benefit rules established by the Company and its subsidiaries, based on performance achievement and other factors.」
The Company introduced a plan linking officer compensation to performance achievement and share value through BBT, scheduled to begin in September 2016.