BIP and ESOP Trusts Linked to Performance and Share Value
First written in FY2016. 8 of 15 entries say "Advanced", first in FY2017. Latest entry: 2026-08-07.
77 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedShare Issuance and Disposal
「At meetings of the Board of Directors held on 12 May 2026 and the 42nd Annual General Meeting of Shareholders held on 17 June 2026, the company resolved to continue and partially revise the BIP Trust for directors and other eligible persons, with the aim of clarifying the link between their compensation and business performance and share value and increasing their awareness of contributing to medium- and long-term performance improvement and growth in corporate value.」
In connection with continuation of the BIP Trust, the company resolved to dispose of 1,243,000 treasury shares and plans to extend the trust period through 31 August 2029. The existing canonical thread remains unchanged. - FY2026ReframedAnnual report
「The purpose is to encourage the Directors, etc. to hold actual shares during their tenure and promote greater sharing of value with shareholders by changing the scheme so that company shares are delivered during their tenure and are subject to transfer restrictions until they retire.」
The company reorganized the BIP Trust by changing it from a scheme that delivers shares upon retirement to one that delivers shares during the recipient's tenure and imposes transfer restrictions until retirement, thereby strengthening value sharing with shareholders. The trust period is scheduled to be extended through the end of August 2029. - FY2024AdvancedAnnual report
「BIP Trust 167,882 9 March 2023 ¥3,932.79」
For the BIP Trust, the company disclosed a grant of 167,882 shares for the fiscal year ending March 2024. Following the end of the ESOP Trust for managers at the end of July 2022, the BIP Trust for directors will continue through the end of August 2025. - FY2023ReframedAnnual report
「Trust period 1 September 2022 to 31 August 2025 (Previous trust period: 1 September 2015 to 31 August 2022) Following a resolution at a meeting of the board of directors held on 1 August 2018, the company partially revised and continued the incentive plan for managers introduced in fiscal 2015 to enhance the company's medium- to long-term corporate value, the "Share Grant ESOP (Employee Stock Ownership Plan) Trust." The plan ended at the end of July 2022.」
The BIP Trust will continue through the end of August 2025, while the ESOP Trust for managers ended at the end of July 2022, streamlining the scheme structure. - FY2022AdvancedAnnual report
「Trust period: 1 September 2018 to 31 August 2022 (following a change to the trust agreement in August 2022, scheduled to be extended to 31 August 2025)」
For the BIP Trust, the company disclosed that the trust period is scheduled to be extended through the end of August 2025 and that the total number of shares scheduled to be acquired by the Directors, etc. is 1,200,000. - FY2021AdvancedAnnual report
「BIP Trust 214,068 12 March 2020 ¥2,875.52 ESOP Trust 243,382 12 March 2020 ¥2,875.52」
For the BIP and ESOP trusts linked to business performance and share value, the company disclosed grants of 214,068 BIP shares and 243,382 ESOP shares during the current consolidated fiscal year. - FY2020AdvancedAnnual report
「BIP Trust 240,480 ESOP Trust 819,452」
The company disclosed grants of 240,480 shares under the BIP Trust and 819,452 shares under the ESOP Trust during the current consolidated fiscal year. It updated the operating results of the schemes linked to business performance and share value. - FY2019AdvancedAnnual report
「Trust period: Extended from 1 September 2018 to 31 August 2022」
The company partially revised and continued the BIP and ESOP trusts, extending the trust period to 31 August 2022. In the fiscal year ending March 2019, it granted 202,395 BIP shares and 235,157 ESOP shares. - FY2018AdvancedAnnual report
「Under the BIP and ESOP schemes, rights, meaning the number of shares to be granted, are determined at the end of each consolidated fiscal year according to the degree of achievement of the KPIs (Key Performance Indicators) established for each fiscal year.」
During the current fiscal year, the company granted 131,955 shares under the BIP Trust and 299,002 shares under the ESOP Trust. Expenses related to the share-based remuneration schemes totaled ¥1,225 million. - FY2017AdvancedAnnual report
「Under the BIP and ESOP schemes, rights, meaning the number of shares to be granted, are determined at the end of each consolidated fiscal year according to the degree of achievement of the KPIs (Key Performance Indicators) established for each fiscal year.」
The company disclosed that the number of shares under the BIP and ESOP trusts is determined based on KPI achievement, and granted 113,717 BIP shares and 132,697 ESOP shares during the current fiscal year. - FY2017-Q2RestatedAnnual report
「Executive compensation BIP Trust and ESOP Trust」
The company continues to disclose the BIP and ESOP trusts as schemes related to treasury shares and the calculation of earnings per share. - FY2017-Q1RestatedAnnual report
「Executive compensation BIP Trust and share-based remuneration ESOP Trust」
The company continues to hold and operate the BIP and ESOP trusts, and includes the relevant shares in calculations of dividends and earnings per share. - FY2016First statedAnnual report
「Following resolutions at meetings of the board of directors held on 14 April 2015 and 7 August 2015, and at the 31st Annual General Meeting of Shareholders held on 17 June 2015, the company introduced, from the current fiscal year, the executive compensation share-based remuneration scheme, the "Executive Compensation BIP (Board Incentive Plan) Trust" (the "BIP Trust"). The scheme covers directors and executive officers and advisors who have entered into mandate agreements with the company, excluding overseas residents, outside directors and part-time directors (collectively, the "Directors, etc."), with the objective of more clearly linking their compensation to business performance and share value and increasing their awareness of contributing to improved medium- to long-term business performance and increased corporate value.」
The company introduced an ESOP trust for managers. The number of shares is determined according to the degree of achievement of the KPIs established for each fiscal year.