Performance-Linked Share Compensation Scheme for Directors and Executive Officers
First written in FY2018-Q2. 12 of 25 entries say "Restated". Latest entry: FY2026.
77 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The plan covers the 3 fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2029. During the covered period, the company plans to place up to ¥400 million in the trust, including trust compensation and expenses, and deliver up to 1.2 million of its shares to eligible recipients.」
For the BIP Trust for directors and the ESOP Trust for executive officers and certain employees, new eligible periods from the fiscal year ending March 2027 through the fiscal year ending March 2029, together with new monetary and share limits, were proposed, moving the plans to the stage of being updated. - FY2026-H1RestatedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these shares were ¥441 million and 1,462 thousand shares at the end of the previous fiscal year and ¥441 million and 1,462 thousand shares at the end of the current interim consolidated accounting period.」
Shares held in the BIP trust for directors were 1,462 thousand, unchanged from the end of the previous fiscal year, and the performance-linked share-based compensation plan continues. Shares held in the ESOP trust for executive officers and certain employees were 4,041 thousand. - FY2024AdvancedAnnual report
「The plan covers the 3 fiscal years from the fiscal year ending March 2024 through the fiscal year ending March 2026. During the covered period, the company plans to place up to ¥400 million in the trust and deliver up to 1.2 million of its shares to eligible recipients. Employee engagement was added as a performance indicator to the points awarded as performance-linked share-based compensation for fiscal 2024. A clawback provision was introduced in addition to the malus provision already in place.」
For performance-linked share-based compensation for directors, executive officers and others, the company established a new covered period from 2024 through 2026 and added an employee engagement indicator and a clawback provision. - FY2024-Q2AdvancedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these shares were ¥567 million and 2,026 thousand shares at the end of the previous fiscal year and ¥1,149 million and 4,105 thousand shares at the end of the current interim consolidated accounting period.」
Shares held in the ESOP trust for executive officers and certain employees increased from 2,026 thousand to 4,105 thousand, indicating progress in operating the performance-linked share-based compensation plan. Shares held in the BIP trust for directors also increased from 1,071 thousand to 1,462 thousand. - FY2024-Q1AdvancedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these shares were ¥332 million and 1,071 thousand shares at the end of the previous fiscal year and ¥441 million and 1,462 thousand shares at the end of the first quarter of the current consolidated accounting period. The carrying amount and number of these shares were ¥567 million and 2,026 thousand shares at the end of the previous fiscal year and ¥1,174 million and 4,195 thousand shares at the end of the first quarter of the current consolidated accounting period.」
Shares held in the BIP trust for directors increased from 1,071 thousand to 1,462 thousand, while shares held in the ESOP trust for executive officers and certain employees increased from 2,026 thousand to 4,195 thousand, indicating progress in operating the plans. - FY2023AdvancedAnnual report
「The plan covers the 3 fiscal years from the fiscal year ending March 2024 through the fiscal year ending March 2026. During the covered period, the company plans to place up to ¥400 million in the trust and deliver up to 1.2 million of its shares to eligible recipients. The plan also covers the 3 fiscal years from the fiscal year ending March 2024 through the fiscal year ending March 2026. During the covered period, the company plans to place up to ¥640 million in the trust and deliver up to 2.7 million of its shares to eligible recipients.」
For the BIP trust for directors and the ESOP trust for executive officers and certain employees, the company established a new covered period from the fiscal year ending March 2024 through the fiscal year ending March 2026, together with new monetary and share limits. - FY2022RestatedAnnual report
「The plan covers the 3 fiscal years from the fiscal year ending March 2021 through the fiscal year ending March 2023. If the trust period is extended when it expires, each subsequent 3-year period will also be covered.」
The company continues the performance-linked share-based compensation plan for directors, executive officers and certain employees, covering the fiscal years ending March 2021 through March 2023. - FY2022-Q3AdvancedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these shares were ¥492 million and 1,691 thousand shares at the end of the previous fiscal year and ¥585 million and 2,091 thousand shares at the end of the third quarter of the current consolidated accounting period.」
Shares held in the ESOP trust for executive officers and certain employees increased from 1,691 thousand to 2,091 thousand, indicating progress in operating the plan. The BIP trust for directors held 1,895 thousand shares. - FY2022-Q2RestatedAnnual report
「The carrying amount and number of these shares were ¥492 million and 1,691 thousand shares at the end of the previous fiscal year and ¥487 million and 1,675 thousand shares at the end of the current interim consolidated accounting period.」
The company continues the performance-linked share-based compensation plan using a share-granting ESOP trust for executive officers. - FY2021AdvancedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these shares were ¥239 million and 563 thousand shares at the end of the previous fiscal year and ¥588 million and 1,895 thousand shares at the end of the current fiscal year.」
Shares held in the BIP trust for directors increased from 563 thousand to 1,895 thousand. Shares held in the ESOP trust for executive officers also increased from 234 thousand to 1,691 thousand. - FY2021-Q3RestatedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these shares were ¥239 million and 563 thousand shares at the end of the previous fiscal year and ¥588 million and 1,895 thousand shares at the end of the third quarter of the current consolidated accounting period.」
The company continues to disclose the performance-linked share-based compensation plan using a BIP trust for directors. Shares held in trust were 1,895 thousand, unchanged from the end of the previous interim period. Shares held in trust for executive officers were 1,691 thousand. - FY2021-Q2AdvancedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these shares were ¥239 million and 563 thousand shares at the end of the previous fiscal year and ¥588 million and 1,895 thousand shares at the end of the current interim consolidated accounting period.」
Under the performance-linked share-based compensation plan for directors, shares held in trust increased from 563 thousand to 1,895 thousand. Shares held in trust for executive officers also increased from 234 thousand to 1,691 thousand, indicating progress in operating the plans. - FY2021-Q1RestatedAnnual report
「The carrying amount and number of these shares were ¥239 million and 563 thousand shares at the end of the previous fiscal year and ¥239 million and 563 thousand shares at the end of the first quarter of the current consolidated accounting period. The carrying amount and number of these shares were ¥99 million and 234 thousand shares at the end of the previous fiscal year and ¥99 million and 234 thousand shares at the end of the first quarter of the current consolidated accounting period.」
The company continues the performance-linked share-based compensation plans using a BIP trust for directors and an ESOP trust for executive officers. The numbers of shares held in trust were 563 thousand and 234 thousand, respectively, unchanged from the end of the previous fiscal year. - FY2020AdvancedAnnual report
「The plan covers the 3 fiscal years from the fiscal year ending March 2021 through the fiscal year ending March 2023. If the trust period is extended when it expires, each subsequent 3-year period will also be covered. During the covered period, the company plans to place up to ¥800 million in the trust, including trust compensation and expenses, of which ¥400 million relates to the transition from share-based stock options. Using these funds, the company plans to deliver up to 2.1 million of its shares to eligible recipients, including 900 thousand shares relating to the transition from share-based stock options.」
For the trust-based performance-linked share-based compensation plan, the company specified a covered period from the fiscal year ending March 2021 through the fiscal year ending March 2023, with limits of ¥800 million and 2.1 million shares. It also introduced bonuses and indicated a policy of strengthening their linkage to company performance. - FY2020-Q3RestatedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these shares were ¥253 million and 596 thousand shares at the end of the previous fiscal year and ¥239 million and 563 thousand shares at the end of the third quarter of the current consolidated accounting period.」
The company continues the performance-linked share-based compensation plans using a BIP trust for directors and an ESOP trust for executive officers. The trusts hold 563 thousand shares for directors and 234 thousand shares for executive officers. - FY2020-Q2RestatedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these shares were ¥253 million and 596 thousand shares at the end of the previous fiscal year and ¥239 million and 563 thousand shares at the end of the current interim consolidated accounting period.」
The company continues the performance-linked share-based compensation plan using a BIP trust for directors. The trust holds 563 thousand shares for directors and 234 thousand shares for executive officers. - FY2020-Q1RestatedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these shares were ¥253 million and 596 thousand shares at the end of the previous fiscal year and ¥253 million and 596 thousand shares at the end of the first quarter of the current consolidated accounting period.」
The company continues the performance-linked share-based compensation plan using a BIP trust for directors. The trust held 596 thousand shares, unchanged from the end of the previous fiscal year. The company also disclosed 234 thousand shares held in the ESOP trust for executive officers. - FY2019AdvancedAnnual report
「For performance-linked share-based compensation, the 2018 performance targets were consolidated ordinary revenue of ¥146,700 million and consolidated ordinary profit of ¥39,800 million. The achievement rates were 100% for consolidated ordinary revenue and 102% for consolidated ordinary profit.」
For performance-linked share-based compensation, the company disclosed the performance indicators and achievement rates for 2018 for the first time. The achievement rate was 100% for the revenue target and 102% for the profit target. - FY2019-Q3RestatedAnnual report
「The carrying amount and number of these shares were ¥278 million and 656 thousand shares at the end of the previous fiscal year and ¥253 million and 596 thousand shares at the end of the third quarter of the current consolidated accounting period. The carrying amount and number of these shares were ¥101 million and 239 thousand shares at the end of the previous fiscal year and ¥99 million and 234 thousand shares at the end of the third quarter of the current consolidated accounting period.」
The company continues the performance-linked share-based compensation plans using a BIP trust for directors and an ESOP trust for executive officers. - FY2019-Q2RestatedAnnual report
「The carrying amount and number of these shares were ¥278 million and 656 thousand shares at the end of the previous fiscal year and ¥253 million and 596 thousand shares at the end of the current interim consolidated accounting period. The carrying amount and number of these shares were ¥101 million and 239 thousand shares at the end of the previous fiscal year and ¥99 million and 234 thousand shares at the end of the current interim consolidated accounting period.」
The company continues the performance-linked share-based compensation plans using a BIP trust for directors and an ESOP trust for executive officers. The trusts hold 596 thousand shares for directors and 234 thousand shares for executive officers. - FY2018RestatedAnnual report
「The plan covers the 3 fiscal years from the fiscal year ending March 2018 through the fiscal year ending March 2020. If the trust period is extended when it expires, each subsequent 3-year period will also be covered.」
The company disclosed the plan terms for the performance-linked share-based compensation plan for directors and executive officers, covering the 3 fiscal years from the fiscal year ending March 2018 through the fiscal year ending March 2020. - FY2018-Q3RestatedAnnual report
「Under this plan, the company's shares are acquired through the trust using funds contributed by the company and are delivered through the trust to directors in accordance with the company's rules governing the delivery of shares to directors. In principle, the shares and other instruments are delivered when the director retires. At the end of the third quarter of the current consolidated accounting period, the carrying amount of these shares was ¥278 million and the number of shares was 656 thousand. Under the plan for executive officers, the company's shares are acquired through the trust using funds contributed by the company and are delivered through the trust to executive officers in accordance with the company's rules governing the delivery of shares to executive officers. In principle, the shares and other instruments are delivered when the executive officer retires. At the end of the third quarter of the current consolidated accounting period, the carrying amount of these shares was ¥101 million and the number of shares was 239 thousand.」
The company continues to disclose the performance-linked share-based compensation plans introduced from the second quarter using a BIP trust for directors and an ESOP trust for executive officers. At period-end, the trusts held 656 thousand shares for directors and 239 thousand shares for executive officers. - FY2018-Q2First statedAnnual report
「From the current interim consolidated accounting period, the company introduced a performance-linked share-based compensation plan for its directors, excluding non-executive directors and directors residing overseas, through an executive compensation BIP trust. The purpose is to further encourage sustained contributions to improved performance over the medium to long term. From the current interim consolidated accounting period, the company also introduced a performance-linked share-based compensation plan for its executive officers, excluding those residing overseas, through a share-granting ESOP trust, with the same objective.」
From the current interim consolidated accounting period, the company introduced performance-linked share-based compensation plans using an executive compensation BIP trust for directors and a share-granting ESOP trust for executive officers. At fiscal year-end, the trusts held 656 thousand shares for directors and 239 thousand shares for executive officers.