BIP trust for executive share-based compensation
First written in FY2017-Q1. 25 of 30 entries say "Restated". Latest entry: FY2026.
80 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The performance indicators for performance-linked share-based compensation are based on the degree of achievement against the consolidated operating profit target and consolidated ROE target for the company group, set at the beginning of each fiscal year. For the fiscal year ending March 2026, the consolidated operating profit target was ¥2.4 billion and the consolidated ROE target was 8%, while actual consolidated operating profit was ¥3.426 billion and actual consolidated ROE was 10.9%.」
The company specifies consolidated operating profit and ROE as the performance indicators for the BIP trust. For FY2026, it disclosed an operating profit target of ¥2.4 billion and an ROE target of 8%, compared with actual results of ¥3.426 billion and 10.9%, respectively. - FY2026-H1RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each consolidated fiscal year. …The carrying amount and number of shares at the end of the previous consolidated fiscal year were ¥219 million and 339,250 shares, respectively, while those at the end of the current interim consolidated accounting period were ¥211 million and 327,250 shares, respectively.」
The company continues its BIP trust, under which shares are granted at retirement based on performance indicators and other factors for each consolidated fiscal year. The number of remaining shares at the end of the interim period was 327,250. - FY2025-H1RestatedAnnual report
「The carrying amount and number of shares at the end of the previous consolidated fiscal year were ¥227 million and 351,400 shares, respectively, while those at the end of the current interim consolidated accounting period were ¥223 million and 344,550 shares, respectively.」
The company continues its BIP trust, under which shares are granted at retirement based on performance indicators and other factors for each consolidated fiscal year. The number of remaining shares decreased from 351,400 to 344,550. - FY2024AdvancedAnnual report
「With respect to this plan, the Board of Directors resolved at its meeting held on 12 May 2023 to continue the plan after partially changing its terms and extending the trust period. 2. Total number of shares scheduled to be acquired by Directors, etc.: 452,000 shares」
Regarding the executive compensation BIP trust, the company has disclosed a scheduled number of shares of 452,000 following the extension of the trust period and changes to the plan terms. - FY2024-Q3RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each consolidated fiscal year. …The carrying amount and number of shares at the end of the previous consolidated fiscal year were ¥126 million and 239,000 shares, respectively, while those at the end of the third quarter of the current consolidated fiscal year were ¥229 million and 355,300 shares, respectively.」
The company continues its BIP trust, under which shares are granted at retirement based on performance indicators and other factors for each consolidated fiscal year. The number of remaining shares at the end of the third quarter was 355,300. - FY2024-Q2RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each consolidated fiscal year. …The carrying amount and number of shares at the end of the previous consolidated fiscal year were ¥126 million and 239,000 shares, respectively, while those at the end of the second quarter of the current accounting period were ¥229 million and 355,300 shares, respectively.」
The company continues its BIP trust, under which shares are granted at retirement based on performance indicators and other factors for each consolidated fiscal year. The number of remaining shares at the end of the second quarter was 355,300. - FY2024-Q1RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each consolidated fiscal year. …The carrying amount and number of shares at the end of the previous consolidated fiscal year were ¥126 million and 239,000 shares, respectively, while those at the end of the first quarter of the current consolidated fiscal year were ¥123 million and 233,100 shares, respectively.」
The company continues its BIP trust, under which shares are granted at retirement based on performance indicators and other factors for each consolidated fiscal year. The number of remaining shares at the end of the first quarter was 233,100. - FY2023AdvancedAnnual report
「With respect to this plan, the Board of Directors resolved at its meeting held on 12 May 2023 to continue the plan after partially changing its terms and extending the trust period.」
Regarding the executive compensation BIP trust, the company resolved on 12 May 2023 to continue the trust by partially changing the plan terms and extending the trust period. - FY2023-Q3RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each consolidated fiscal year. Because the company fully funds the acquisition of its shares by the Trust, Directors, etc. bear no cost. The carrying amount and number of shares at the end of the previous consolidated fiscal year were ¥132 million and 251,200 shares, respectively, while those at the end of the third quarter of the current consolidated fiscal year were ¥126 million and 239,000 shares, respectively.」
The company continues its BIP trust, under which shares are granted at retirement based on performance indicators and other factors for each consolidated fiscal year. The number of remaining shares at the end of the third quarter was 239,000. - FY2023-Q2RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each consolidated fiscal year. …The carrying amount and number of shares at the end of the previous consolidated fiscal year were ¥132 million and 251,200 shares, respectively, while those at the end of the second quarter of the current consolidated fiscal year were ¥126 million and 239,000 shares, respectively.」
The company continues its BIP trust, under which shares are granted at retirement based on performance indicators and other factors for each consolidated fiscal year. The number of remaining shares at the end of the second quarter was 239,000. - FY2022-Q3RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each consolidated fiscal year. The company's shares remaining in the Trust are recorded as treasury shares under net assets at the Trust's carrying amount, excluding incidental expenses. The carrying amount and number of shares at the end of the previous consolidated fiscal year were ¥138 million and 261,800 shares, respectively, while those at the end of the third quarter of the current consolidated fiscal year were ¥135 million and 256,500 shares, respectively.」
The company continues its BIP trust, under which shares are granted at retirement based on performance indicators and other factors for each consolidated fiscal year. The number of remaining shares at the end of the third quarter was 256,500, with a carrying amount of ¥135 million. - FY2022-Q2RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each consolidated fiscal year. The company's shares remaining in the Trust are recorded as treasury shares under net assets at the Trust's carrying amount, excluding incidental expenses. The carrying amount and number of shares at the end of the previous consolidated fiscal year were ¥138 million and 261,800 shares, respectively, while those at the end of the second quarter of the current consolidated fiscal year were ¥135 million and 256,500 shares, respectively.」
The company continues its BIP trust, under which shares are granted at retirement based on performance indicators and other factors for each consolidated fiscal year. The number of remaining shares at the end of the second quarter was 256,500, with a carrying amount of ¥135 million. - FY2021-Q3RestatedAnnual report
「The company's shares remaining in the Trust are recorded as treasury shares under net assets at the Trust's carrying amount, excluding incidental expenses. The carrying amount and number of shares at the end of the previous consolidated fiscal year were ¥117 million and 226,700 shares, respectively, while those at the end of the third quarter of the current consolidated fiscal year were ¥139 million and 264,150 shares, respectively.」
The company continues its BIP trust, under which shares are granted at retirement based on performance indicators and other factors for each consolidated fiscal year. The number of remaining shares at the end of the third quarter was 264,150, with a carrying amount of ¥139 million. - FY2021-Q2RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each consolidated fiscal year. Because the company fully funds the acquisition of its shares by the Trust, Directors, etc. bear no cost. The carrying amount and number of shares at the end of the previous consolidated fiscal year were ¥117 million and 226,700 shares, respectively, while those at the end of the second quarter of the current consolidated fiscal year were ¥106 million and 206,950 shares, respectively.」
The company continues the plan under which shares are granted at retirement based on performance indicators and other factors for each consolidated fiscal year. The number of remaining shares at the end of the second quarter was 206,950, with a carrying amount of ¥106 million. - FY2021-Q1RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each consolidated fiscal year. Because the company fully funds the acquisition of its shares by the Trust, Directors, etc. bear no cost. The carrying amount and number of shares at the end of the previous consolidated fiscal year were ¥117 million and 226,700 shares, respectively, while those at the end of the first quarter of the current consolidated fiscal year were ¥111 million and 215,850 shares, respectively.」
The company continues its BIP trust, under which shares are granted at retirement based on performance indicators and other factors for each consolidated fiscal year. The number of remaining shares at the end of the first quarter was 215,850, with a carrying amount of ¥111 million. - FY2020RaisedAnnual report
「With respect to this plan, the Board of Directors resolved at its meeting held on 15 May 2020 to continue the plan after partially changing its terms and extending the trust period. 2. Total number of shares scheduled to be acquired by Directors, etc.: 316,200 shares」
The company continues its executive BIP trust after extending the trust period, changing the scheduled number of shares from the previous 259,000 to 316,200. - FY2020-Q3RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year. Because the company fully funds the acquisition of its shares by the Trust, Directors, etc. bear no cost. The carrying amount and number of shares at the end of the previous fiscal year were ¥118 million and 229,750 shares, respectively, while those at the end of the third quarter of the current fiscal year were ¥118 million and 229,750 shares, respectively.」
The company continues its BIP trust, under which shares are granted at retirement based on performance indicators and other factors for each fiscal year. The number of remaining shares at the end of the third quarter was 229,750, with a carrying amount of ¥118 million. - FY2020-Q1RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year. Because the company fully funds the acquisition of its shares by the Trust, Directors, etc. bear no cost. The carrying amount and number of shares at the end of the previous fiscal year were ¥118 million and 229,750 shares, respectively, while those at the end of the first quarter of the current fiscal year were ¥118 million and 229,750 shares, respectively.」
The company continues its BIP trust, under which shares are granted at retirement based on performance indicators and other factors for each fiscal year. The number of remaining shares at the end of the first quarter was 229,750, with a carrying amount of ¥118 million. - FY2019RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year. Because the company fully funds the acquisition of its shares by the Trust, Directors, etc. bear no cost.」
The company continues its BIP trust, which is intended to encourage contributions to improved medium- to long-term performance and increased corporate value through the grant of shares to Directors, etc. The scheduled number of shares is 259,000. - FY2019-Q3RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year.」
The company continues its BIP trust, under which shares are granted to Directors, etc. at retirement based on performance indicators and other factors for each fiscal year. The number of remaining shares at the end of the third quarter was 229,750, with a carrying amount of ¥118 million. - FY2019-Q2RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year.」
The company continues its BIP trust, under which shares are granted to Directors, etc. at retirement based on performance indicators and other factors for each fiscal year. The number of remaining shares at the end of the second quarter was 229,750, with a carrying amount of ¥118 million. - FY2019-Q1RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year.」
The company continues its BIP trust, under which shares are granted to Directors, etc. at retirement based on performance indicators and other factors for each fiscal year. The number of remaining shares at the end of the first quarter was 242,650, with a carrying amount of ¥125 million. - FY2018RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year.」
The company continues its BIP trust, under which shares are granted to Directors, etc. at retirement based on performance indicators and other factors for each fiscal year. - FY2018-Q3RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year. The carrying amount and number of shares at the end of the previous fiscal year were ¥133 million and 258,450 shares, respectively, while those at the end of the third quarter of the current fiscal year were ¥128 million and 248,250 shares, respectively.」
The company continues its BIP trust, under which shares are granted to Directors, etc. at retirement based on performance indicators and other factors for each fiscal year. The number of remaining shares at the end of the third quarter was 248,250, with a carrying amount of ¥128 million. - FY2018-Q2RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year. The carrying amount and number of shares at the end of the previous fiscal year were ¥133 million and 258,450 shares, respectively, while those at the end of the second quarter of the current fiscal year were ¥128 million and 248,250 shares, respectively.」
The company continues its BIP trust, under which shares are granted to Directors, etc. at retirement based on performance indicators and other factors for each fiscal year. - FY2018-Q1RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year.」
The company continues its BIP trust, under which shares are granted to Directors, etc. at retirement based on performance indicators and other factors for each fiscal year. The number of remaining shares at period-end is 254,450, with a carrying amount of ¥131 million. - FY2017RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year.」
The company continues its BIP trust, which is intended to encourage contributions to improved medium- to long-term performance and increased corporate value through the grant of shares to Directors, etc. The scheduled number of shares under the plan is 259,000, and the number of shares held at period-end is 258,450. - FY2017-Q3RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year.」
The company continues its BIP trust, which is intended to encourage contributions to improved medium- to long-term performance and increased corporate value through the grant of shares to Directors, etc. The remaining shares total 259,000, with a carrying amount of ¥133 million. - FY2017-Q2RestatedAnnual report
「Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year.」
The company continues its BIP trust, which is intended to encourage contributions to improved medium- to long-term performance and increased corporate value through the grant of shares to Directors, etc. The remaining shares total 259,000, with a carrying amount of ¥133 million. - FY2017-Q1First statedAnnual report
「The company has introduced an executive compensation BIP trust (the “Trust”) for directors, excluding outside directors, as well as executive officers who have entered into delegation agreements with the company and persons holding equivalent positions (collectively, “Directors, etc.”), with the aim of encouraging them to contribute to improved medium- to long-term performance and increased corporate value. Thereafter, under the share grant rules, the Trust will grant the company's shares at retirement to eligible Directors, etc. who meet certain beneficiary requirements, in the number of shares determined based on performance indicators and other factors for each fiscal year. The carrying amount and number of shares at the end of the previous fiscal year were ¥133 million and 259,000 shares, respectively, while those at the end of the first quarter of the current fiscal year were ¥133 million and 259,000 shares, respectively.」
The company describes the grant of shares to Directors, etc. as a means of encouraging contributions to improved medium- to long-term performance and increased corporate value.