Introduction of a Share-Based Compensation Plan for Directors and Executive Officers
First written in FY2017-Q1. 8 of 32 entries say "Restated". Latest entry: FY2026.
21 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The carrying amount and number of the treasury shares were ¥435 million and 917 thousand shares in the previous consolidated fiscal year, and ¥279 million and 588 thousand shares in the current consolidated fiscal year, respectively.」
The BBT-RS plan and the mechanism for providing restricted shares during the participant’s tenure continue to operate. Shares remaining in the trust decreased from 917 thousand to 588 thousand. - 2026-05-28ReframedGeneral Meetings of Shareholders
「If executive officers and others receive a grant of company shares while in office, they must enter into a transfer-restriction agreement with the company before receiving the shares. Accordingly, the shares granted to executive officers and others while in office may not be disposed of by transfer or other means until they leave office.」
The transfer restrictions on shares granted during office under BBT-RS were reconfirmed. - FY2026-H1ReframedAnnual report
「Performance-linked stock-based compensation plan, Stock Benefit Trust (BBT-RS (Board Benefit Trust–Restricted Stock))」
The terminology was reorganized from the previous BBT designation to BBT-RS, indicating a mechanism under which shares provided during the participant’s tenure are subject to a transfer restriction agreement until retirement. Shares remaining in the trust decreased from 917 thousand to 894 thousand, and the carrying amount decreased from ¥435 million to ¥424 million. - FY2025Continued decrease in shares remaining in the trustAnnual report
「The carrying amount and number of the treasury shares were ¥447 million and 943 thousand shares in the previous consolidated fiscal year, and ¥435 million and 917 thousand shares in the current consolidated fiscal year, respectively.」
The BBT continues to operate, but the treasury shares remaining in the trust decreased from 943 thousand shares to 917 thousand shares, and the carrying amount decreased from ¥447 million to ¥435 million. - FY2025-H1Continued decrease in shares remaining in the trustAnnual report
「The carrying amount and number of the treasury shares were ¥447 million and 943 thousand shares in the previous consolidated fiscal year, and ¥435 million and 917 thousand shares in the interim period of the current consolidated fiscal year, respectively.」
The Stock Benefit Trust (BBT) continues to operate, but the treasury shares remaining in the trust decreased from 943 thousand shares to 917 thousand shares, and the carrying amount decreased from ¥447 million to ¥435 million. - FY2024Continued decrease in shares remaining in the trustAnnual report
「The carrying amount and number of the treasury shares were ¥484 million and 1,022 thousand shares in the previous consolidated fiscal year, and ¥447 million and 943 thousand shares in the current consolidated fiscal year, respectively.」
The BBT continues to operate, but the treasury shares remaining in the trust decreased from 1,022 thousand shares to 943 thousand shares, and the carrying amount decreased from ¥484 million to ¥447 million. - FY2024-Q1Continued decrease in shares remaining in the trustAnnual report
「The carrying amount and number of the treasury shares were ¥484 million and 1,022 thousand shares in the previous consolidated fiscal year, and ¥447 million and 943 thousand shares in the first quarter of the current consolidated fiscal year, respectively.」
The Stock Benefit Trust (BBT) continues to operate, but the treasury shares remaining in the trust decreased from 1,022 thousand shares to 943 thousand shares, and the carrying amount decreased from ¥484 million to ¥447 million. - FY2023ReframedAnnual report
「Performance-linked compensation is divided into short-term and long-term incentives, with bonuses positioned as short-term incentives and stock-based compensation as long-term incentives.」
The executive compensation plan was reviewed from fiscal 2023, with consolidated net income as the reference metric for bonuses, and ROE and consolidated ordinary income under the Seventh Medium-Term Management Plan as the reference metrics for stock-based compensation. The structure of 65% base compensation, 20% bonuses and 15% stock-based compensation remains unchanged. - FY2023-Q3Continued decrease in shares remaining in the trustAnnual report
「Benefits in the form of the company’s shares and other assets are generally provided to Executive Officers, etc. when they retire. ... The carrying amount and number of the treasury shares were ¥511 million and 1,077 thousand shares in the previous consolidated fiscal year, and ¥484 million and 1,022 thousand shares in the third quarter of the current consolidated fiscal year, respectively.」
The Stock Benefit Trust (BBT) continues to operate, but the treasury shares remaining in the trust decreased from 1,077 thousand shares to 1,022 thousand shares, and the carrying amount decreased from ¥511 million to ¥484 million. - FY2023-Q2Continued decrease in shares remaining in the trustAnnual report
「The carrying amount and number of the treasury shares were ¥511 million and 1,077 thousand shares in the previous consolidated fiscal year, and ¥484 million and 1,022 thousand shares in the second quarter of the current consolidated fiscal year, respectively.」
The Stock Benefit Trust (BBT) continues to operate, but the treasury shares remaining in the trust decreased from 1,077 thousand shares to 1,022 thousand shares, and the carrying amount decreased from ¥511 million to ¥484 million. - FY2023-Q1Decline in Shares Remaining in the TrustAnnual report
「Benefits in the form of the company’s shares and other assets are generally provided to Executive Officers, etc. when they retire. ... The carrying amount and number of the treasury shares were ¥511 million and 1,077 thousand shares in the previous consolidated fiscal year, and ¥484 million and 1,022 thousand shares in the first quarter of the current consolidated fiscal year, respectively.」
The BBT continues to operate, but the treasury shares remaining in the trust decreased from 1,077 thousand shares to 1,022 thousand shares, and the carrying amount decreased from ¥511 million to ¥484 million. - FY2022-Q3Decline in Shares Remaining in the TrustAnnual report
「The carrying amount and number of the treasury shares were ¥539 million and 1,137 thousand shares in the previous consolidated fiscal year, and ¥511 million and 1,077 thousand shares in the third quarter of the current consolidated fiscal year, respectively.」
The Stock Benefit Trust (BBT) continues to operate, but the treasury shares remaining in the trust decreased from 1,137 thousand shares to 1,077 thousand shares, and the carrying amount decreased from ¥539 million to ¥511 million. - FY2022-Q2Decline in Shares Remaining in the TrustAnnual report
「The carrying amount and number of the treasury shares were ¥539 million and 1,137 thousand shares in the previous consolidated fiscal year, and ¥511 million and 1,077 thousand shares in the second quarter of the current consolidated fiscal year, respectively.」
The Stock Benefit Trust (BBT) continues to operate, but the treasury shares remaining in the trust decreased from 1,137 thousand shares to 1,077 thousand shares, and the carrying amount decreased from ¥539 million to ¥511 million. - FY2022-Q1Decline in Shares Remaining in the TrustAnnual report
「The carrying amount and number of the treasury shares were ¥539 million and 1,137 thousand shares in the previous consolidated fiscal year, and ¥511 million and 1,077 thousand shares in the first quarter of the current consolidated fiscal year, respectively.」
The BBT continues to operate, but the treasury shares remaining in the trust decreased from 1,137 thousand shares to 1,077 thousand shares, and the carrying amount decreased from ¥539 million to ¥511 million. - FY2021AdvancedAnnual report
「To clarify management’s responsibility, executive bonuses are determined after the end of the fiscal year based on the achievement of the management targets in the medium-term management plan and the performance for each fiscal year, and are paid within 3 months of the determination.」
The company reviewed its executive compensation plan and clarified its policy of linking executive bonuses to achievement of the medium-term management plan targets and performance for each fiscal year. The compensation structure for executive officers was set at 65% base compensation, 20% executive bonus and 15% stock-based compensation. - FY2021-Q3AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors meeting held on 11 November 2020, in connection with an additional contribution to the Stock Benefit Trust (BBT), the company disposed of 572,809 treasury shares through a third-party allotment to Custody Bank of Japan, Ltd. (Trust Account E), with 27 November 2020 as the payment date」
In connection with the additional contribution to the BBT, the company disposed of 572,809 treasury shares. The treasury shares remaining in the trust increased from 592 thousand shares to 1,137 thousand shares, and the carrying amount increased from ¥258 million to ¥539 million. - FY2021-Q2Continued decrease in shares remaining in the trustAnnual report
「Benefits in the form of the company’s shares and other assets are generally provided to Executive Officers, etc. when they retire. ... The carrying amount and number of the treasury shares were ¥258 million and 592 thousand shares in the previous consolidated fiscal year, and ¥246 million and 564 thousand shares in the second quarter of the current consolidated fiscal year, respectively.」
The BBT continues to operate, but the treasury shares remaining in the trust decreased from 592 thousand shares to 564 thousand shares, and the carrying amount decreased from ¥258 million to ¥246 million. - FY2021-Q1Decline in Shares Remaining in the TrustAnnual report
「Benefits in the form of the company’s shares and other assets are generally provided to Executive Officers, etc. when they retire. ... The carrying amount and number of the treasury shares were ¥258 million and 592 thousand shares in the previous consolidated fiscal year, and ¥246 million and 564 thousand shares in the first quarter of the current consolidated fiscal year, respectively.」
The BBT continues to operate, but the treasury shares remaining in the trust decreased from 592 thousand shares to 564 thousand shares, and the carrying amount decreased from ¥258 million to ¥246 million. - FY2020ReframedAnnual report
「Following the transition to a company with a three committees structure in June 2019, the plan’s eligible participants changed from directors and executive officers to executive officers and executive officers, collectively referred to as “Executive Officers, etc.”」
Following the transition to a company with a three committees structure, the BBT’s eligible participants changed from directors and executive officers to executive officers and executive officers. The shares remaining in the trust total 592,300. - FY2020-Q3RestatedAnnual report
「The carrying amount and number of the treasury shares were ¥281 million and 645 thousand shares in the previous consolidated fiscal year, and ¥258 million and 592 thousand shares in the third quarter of the current consolidated fiscal year, respectively.」
The performance-linked stock-based compensation plan, BBT, continues to operate. The treasury shares remaining in the trust total 592 thousand shares, with a carrying amount of ¥258 million. There was no change in the number of remaining shares or carrying amount from the previous quarter. - FY2020-Q2Decline in Shares Remaining in the TrustAnnual report
「The carrying amount and number of the treasury shares were ¥281 million and 645 thousand shares in the previous consolidated fiscal year, and ¥258 million and 592 thousand shares in the second quarter of the current consolidated fiscal year, respectively.」
The BBT continues to operate, but the treasury shares remaining in the trust decreased from 645 thousand shares to 592 thousand shares, and the carrying amount decreased from ¥281 million to ¥258 million. - FY2020-Q1RestatedAnnual report
「The carrying amount and number of the treasury shares were ¥281 million and 645 thousand shares in the previous consolidated fiscal year, and ¥281 million and 645 thousand shares in the first quarter of the current consolidated fiscal year, respectively.」
The performance-linked stock-based compensation plan, BBT, continues to operate. The treasury shares remaining in the trust total 645 thousand shares, with a carrying amount of ¥281 million. - FY2019-Q3AdvancedAnnual report
「The carrying amount and number of the treasury shares were ¥262 million and 627 thousand shares in the previous consolidated fiscal year, and ¥281 million and 645 thousand shares in the third quarter of the current consolidated fiscal year, respectively.」
The performance-linked stock-based compensation plan, BBT, continues to operate. The treasury shares remaining in the trust increased from 627 thousand shares to 645 thousand shares, and the carrying amount increased from ¥262 million to ¥281 million. - FY2019-Q2AdvancedAnnual report
「The carrying amount and number of the treasury shares were ¥262 million and 627 thousand shares in the previous consolidated fiscal year, and ¥281 million and 645 thousand shares in the second quarter of the current consolidated fiscal year, respectively.」
The BBT continues to operate. The treasury shares remaining in the trust increased from 627 thousand shares to 645 thousand shares, and the carrying amount increased from ¥262 million to ¥281 million. - FY2019-Q1AdvancedAnnual report
「The company has introduced the performance-linked stock-based compensation plan, the Stock Benefit Trust (BBT (Board Benefit Trust)), with the aim of clarifying the linkage between the compensation of the company’s directors, excluding outside directors, and executive officers, collectively referred to as “Directors, etc.”, and the company’s performance and share value, and of strengthening their awareness of contributing to improved performance and increased corporate value over the medium to long term. The carrying amount and number of the treasury shares were ¥262 million and 627 thousand shares in the previous consolidated fiscal year, and ¥298 million and 683 thousand shares in the first quarter of the current consolidated fiscal year, respectively.」
The BBT continues to operate. The treasury shares remaining in the trust increased from 627 thousand shares to 683 thousand shares, and the carrying amount increased from ¥262 million to ¥298 million. - FY2018RestatedAnnual report
「The carrying amount and number of the treasury shares were ¥267 million and 640 thousand shares in the previous consolidated fiscal year, and ¥262 million and 627 thousand shares in the current consolidated fiscal year, respectively.」
The BBT performance-linked stock-based compensation plan continues to operate. The treasury shares remaining in the trust total 627,700 shares, with a carrying amount of ¥262 million. - FY2018-Q3RestatedAnnual report
「The carrying amount and number of the treasury shares were ¥267 million and 640 thousand shares in the previous consolidated fiscal year, and ¥262 million and 627 thousand shares in the third quarter of the current consolidated fiscal year, respectively.」
The performance-linked stock-based compensation plan, the Stock Benefit Trust (BBT), continues to operate. The treasury shares remaining in the trust total 627 thousand shares, with a carrying amount of ¥262 million. - FY2018-Q1RestatedAnnual report
「The company has introduced the performance-linked stock-based compensation plan, the Stock Benefit Trust (BBT (Board Benefit Trust)), with the aim of clarifying the linkage between the compensation of the company’s directors, excluding outside directors, and executive officers, collectively referred to as “Directors, etc.”, and the company’s performance and share value, and of strengthening their awareness of contributing to improved performance and increased corporate value over the medium to long term.」
The BBT continues to operate. As of the end of the first quarter, the treasury shares remaining in the trust total 640 thousand shares, with a carrying amount of ¥267 million. Benefits are generally provided when Directors, etc. retire. - FY2017RestatedAnnual report
「As of 15 August 2016, the company had contributed 640,000 treasury shares (¥267,520 thousand) to Asset Management Service Trust Bank, Ltd. (Trust Account E), and the timing of any future contributions has not been determined.」
The BBT continues to operate, with 640,000 shares contributed to the trust. Benefits in the form of shares and other assets are generally provided when Directors, etc. retire. - FY2017-Q3RestatedAnnual report
「The company has introduced the performance-linked stock-based compensation plan, the Stock Benefit Trust (BBT (Board Benefit Trust)), with the aim of clarifying the linkage between the compensation of the company’s directors, excluding outside directors, and executive officers, collectively referred to as “Directors, etc.”, and the company’s performance and share value, and of strengthening their awareness of contributing to improved performance and increased corporate value over the medium to long term.」
The BBT continues to operate. The treasury shares remaining in the trust total 640 thousand shares, with a carrying amount of ¥267 million. Benefits are generally provided when Directors, etc. retire. - FY2017-Q2AdvancedAnnual report
「In connection with the introduction of the Stock Benefit Trust (BBT), pursuant to a resolution of the Board of Directors meeting held on 29 July 2016, the company disposed of 640,000 treasury shares through a third-party allotment to Asset Management Service Trust Bank, Ltd. (Trust Account E), with 15 August 2016 as the payment date.」
Regarding the BBT, whose introduction was resolved and approved in the previous quarter, the company disposed of 640,000 treasury shares, bringing the plan into operation. - FY2017-Q1First statedAnnual report
「At the meeting of the Board of Directors held on 12 May 2016, the company resolved to introduce a new stock-based compensation plan, the Stock Benefit Trust (BBT (Board Benefit Trust), hereinafter the “Plan”), for the company’s directors, excluding outside directors, and executive officers. A proposal concerning the Plan was submitted to and approved at the 106th Annual General Meeting of Shareholders held on 24 June 2016.」
The introduction of the Stock Benefit Trust (BBT) was resolved and approved, and the company plans to dispose of 640,000 treasury shares at a disposal price of ¥418 per share, raising ¥267,520,000.