Introduction of a BBT Performance-Linked Share-Based Compensation Plan
First written in FY2016. 10 of 23 entries say "Restated". Latest entry: 2026-09-03.
2 other companies' latest entry also says "Cited as achieved".
- 2026-09-03Cited as achievedGeneral Meetings of Shareholders
「The aggregate number of points granted per fiscal year under this plan is capped at 79,000 points for directors and 3,000 points for audit & supervisory board members, respectively, with 1 point equivalent to 1 share of the Company's stock.」
The shareholder meeting reference materials reiterate the details of the BBT and BBT-RS plans, annual point caps and share-based compensation for the current fiscal year. - FY2026-H1AdvancedAnnual report
「Of the issued shares as of the filing date, 139,700 were issued as restricted stock compensation through an in-kind contribution using monetary compensation receivables of ¥229,494 thousand as the contribution. The 601,300 shares held by Custody Bank of Japan, Ltd. (Trust Account E) are the Company's shares held under the Stock Benefit Trust (BBT and BBT-RS) plans.」
Shares issued as restricted stock compensation totaled 139,700, up from the 104,700 shares disclosed previously. Shares held in Trust Account E under BBT and BBT-RS totaled 601,300. - FY2025AdvancedAnnual report
「The factors behind the interim change during the consolidated fiscal year were a decrease of 95,000 shares due to stock benefits provided from the Stock Benefit Trust (BBT) to directors and others who retired from office, a decrease of 34,000 shares due to stock benefits provided from the Stock Benefit Trust (BBT-RS) to directors and others based on the points granted to them, and the purchase request for 139 odd-lot shares.」
Under BBT, 95,000 shares were distributed to directors and others who retired from office, and under BBT-RS, 34,000 shares were distributed, indicating further progress in plan operation. Shares held in Trust Account E decreased from 469,900 to 340,900. - FY2025-H1Increase in restricted stock compensation issuance and decrease in BBT trust sharesAnnual report
「Of the issued shares as of the filing date, 104,700 were issued as restricted stock compensation through an in-kind contribution using monetary compensation receivables of ¥145,949 thousand as the contribution. "The 340,900 shares held by Custody Bank of Japan, Ltd. (Trust Account E) are the Company's shares held under the Stock Benefit Trust (BBT and BBT-RS) plans."」
While the number of shares issued as restricted stock compensation increased from the 70,700 shares disclosed previously to 104,700, shares held in trust under BBT and BBT-RS decreased from 469,900 to 340,900. - FY2024-Q2AdvancedAnnual report
「Of the issued shares as of the filing date, 70,700 were issued as restricted stock compensation through an in-kind contribution using monetary compensation receivables of ¥79,717 thousand as the contribution.」
Shares issued as restricted stock compensation increased from 34,500 to 70,700, indicating progress in the operation of stock compensation. Shares held in trust under BBT and BBT-RS totaled 469,900. - FY2024-Q1AdvancedAnnual report
「Of the issued shares as of the filing date, 34,500 were issued as restricted stock compensation through an in-kind contribution using monetary compensation receivables of ¥32,223 thousand as the contribution.」
In addition to the continuation of BBT and BBT-RS, the Company disclosed the issuance of 34,500 shares through an in-kind contribution as restricted stock compensation, indicating that the scope of stock compensation operations has expanded. - FY2023AdvancedAnnual report
「The factors behind the interim change during the consolidated fiscal year were a decrease of 2,500 shares due to stock benefits provided to directors and others who retired from the Stock Benefit Trust (BBT), and a decrease of 35,500 shares due to stock benefits provided from the Stock Benefit Trust (BBT-RS) to directors and others based on the points granted to them.」
Under BBT-RS, 35,500 shares were distributed to directors and others, indicating that the plan had moved from introduction and changes in its description to actual operation. - FY2023-Q2ReframedAnnual report
「The 506,100 shares held by Custody Bank of Japan, Ltd. (Trust Account E) are the Company's shares held under the Stock Benefit Trust (BBT and BBT-RS) plans.」
The disclosure now identifies the plans as including BBT-RS in addition to BBT, and shares held in Trust Account E totaled 506,100. The plan description and number of shares held have changed from the previous disclosure of BBT alone and 292,100 shares. - FY2023-Q1Modest decrease in shares held in trust under BBTAnnual report
「The 292,100 Company shares held by Custody Bank of Japan, Ltd. (Trust Account E) (2,921 voting rights) are presented under "shares with full voting rights (other)."」
Shares held in trust under BBT totaled 292,100, a decrease of 500 shares from the 292,600 shares disclosed previously. The plan itself has continued. - FY2022-Q2Decrease in shares held in the BBT trustAnnual report
「The 292,600 shares held by Custody Bank of Japan, Ltd. (Trust Account E) are the Company's shares acquired in connection with the introduction of the Stock Benefit Trust (BBT) plan.」
Shares held in trust under BBT totaled 292,600, down from the 316,100 shares disclosed previously. The plan itself has continued. - FY2021RestatedAnnual report
「Based on the resolution of the 69th Annual General Meeting of Shareholders held on 29 September 2015, the Company introduced, from 18 December 2015, a new performance-linked stock compensation plan, the Executive Stock Benefit Trust (BBT), for the Company's directors, Audit & Supervisory Board members, executive officers and subsidiary directors.」
The BBT plan continued, with share-based compensation expenses of ¥43 million for the year and 316,100 shares held in trust at the fiscal year-end. - FY2021-Q2RestatedAnnual report
「The 316,100 shares held by Custody Bank of Japan, Ltd. (Trust Account E) are the Company's shares acquired in connection with the introduction of the Stock Benefit Trust (BBT) plan.」
The 316,100 shares held in trust under the BBT plan continued to be disclosed. - FY2020AdvancedAnnual report
「The factor behind the interim change during the fiscal year was the distribution of 11,500 Company shares held by Trust & Custody Services Bank, Ltd. (Trust Account E) as trust assets for the Stock Benefit Trust (BBT).」
The continuation of the BBT plan was approved at the Board of Directors meeting on 25 June 2020, and 11,500 shares held in trust were distributed. Shares held at the fiscal year-end totaled 316,100. - FY2020-Q3Decrease in shares held in the BBT trustAnnual report
「The 317,600 Company shares held by Trust & Custody Services Bank, Ltd. (Trust Account E) (3,176 voting rights) are presented under "shares with full voting rights (other)."」
The shares held in trust under BBT decreased from the 327,600 shares disclosed previously to 317,600 shares. - FY2020-Q1RestatedAnnual report
「The 327,600 Company shares held by Trust & Custody Services Bank, Ltd. (Trust Account E) (3,276 voting rights) are presented under "shares with full voting rights (other)."」
The disclosure of the 327,600 shares held in trust under the BBT plan has continued. - FY2019-Q1RestatedAnnual report
「The 327,600 Company shares held by Trust & Custody Services Bank, Ltd. (Trust Account E) (3,276 voting rights) are presented under "shares with full voting rights (other)."」
The disclosure of the 327,600 shares held in trust under the BBT plan has continued. - FY2018RestatedAnnual report
「Under this plan, in principle, continued employment from the date points are granted through the vesting date is a vesting condition. The number of points granted at the end of each consolidated fiscal year is determined based on the recipient's position and the achievement of the Company's performance indicators, among other factors.」
The operation of BBT, including service requirements, point grants based on position and performance indicators, and stock benefits upon retirement from office, has continued. - FY2018-Q2RestatedAnnual report
「The 327,600 shares held by Trust & Custody Services Bank, Ltd. (Trust Account E) are the Company's shares acquired in connection with the introduction of the Stock Benefit Trust (BBT) plan.」
The disclosure of the 327,600 shares held in trust under the BBT plan has continued. - FY2017RestatedAnnual report
「Under this plan, in principle, continued employment from the date points are granted through the vesting date is a vesting condition. The number of points granted at the end of each consolidated fiscal year is determined based on the recipient's position and the achievement of the Company's performance indicators, among other factors.」
The operation of performance-linked stock compensation under BBT and the granting of points based on position and performance indicators have continued. - FY2017-Q3RestatedAnnual report
「The 327,600 Company shares held by Trust & Custody Services Bank, Ltd. (Trust Account E) (3,276 voting rights) are presented under "shares with full voting rights (other)."」
The disclosure of the 327,600 shares held in trust under the BBT plan has continued. - FY2017-Q2RestatedAnnual report
「The 327,600 shares held by Trust & Custody Services Bank, Ltd. (Trust Account E) are the Company's shares acquired in connection with the introduction of the Stock Benefit Trust (BBT) plan.」
The 327,600 shares held in trust under the BBT plan continued to be disclosed. - FY2017-Q1RestatedAnnual report
「Share-based compensation transaction」
A share-based compensation transaction related to BBT of ¥11 million was recorded in the statement of changes in equity, and 66 thousand BBT shares were included in the calculation of diluted earnings per share. - FY2016First statedAnnual report
「The Company acquired 357,100 of its own shares through the acceptance of those shares by Mizuho Trust & Banking Co., Ltd., the trustee (re-trustee: Trust & Custody Services Bank, Ltd.), using ¥499 million placed in trust on 18 December 2015.」
A plan linking executive compensation with performance and share value was introduced, with risk sharing with shareholders as a stated objective.