Performance-Linked Share-Based Compensation and Share Grant Plans for Executives and Managers
First written in FY2019-Q2. 8 of 16 entries say "Restated". Latest entry: 2026-05-21.
4 other companies' latest entry also says "Raised".
- FY2026-H1RestatedAnnual report
「At a meeting of the Board of Directors held on 26 July 2024, the Company resolved to extend the trust period and make an additional contribution of funds under the Program.」
Continues to disclose the resolutions to extend the trust periods and make additional contributions for the BIP Trust for directors and the ESOP Trust for employees at managerial level and above in July 2024. - FY2025-H1RaisedAnnual report
「The Company has introduced a performance-linked share-based compensation program using an executive compensation BIP Trust (the “Program”) for directors (excluding outside directors and part-time directors; the same applies below) and certain executive officers, with the aim of increasing their motivation to contribute to improved medium- to long-term performance and enhanced corporate value. At a meeting of the Board of Directors held on 26 July 2024, the Company resolved to extend the trust period and make an additional contribution of funds under the Program.」
The BIP Trust was disclosed as covering certain executive officers in addition to directors, and on 26 July 2024 resolutions were passed to extend the trust periods and make additional contributions for both the BIP and ESOP trusts. The number of shares remaining was also updated to 29,226 BIP Trust shares and 67,070 ESOP Trust shares. - FY2023-Q3RestatedAnnual report
「The Company records its shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding incidental costs. The carrying value and number of these treasury shares were ¥59 million and 24,378 shares at the end of the previous consolidated fiscal year, and ¥59 million and 24,378 shares during the third quarter of the current consolidated fiscal year.」
Continued to disclose the performance-linked share-based compensation program using the BIP Trust for directors, and updated the carrying value and number of shares remaining in the trust. The program and shares remaining in the ESOP Trust for employees at managerial level and above were also continuously disclosed. - FY2022AdvancedAnnual report
「26 January 2022: Revision of the method for determining individual director compensation and other payments, and revision of the rules governing grants under the performance-linked share-based compensation program for directors」
In January 2022, the Company resolved revisions to the method for determining individual director compensation and to the rules governing grants under the performance-linked share-based compensation program. - FY2022-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 28 July 2021, the Company resolved to extend the trust period and make an additional contribution of funds under the Program.” “The carrying value and number of these treasury shares were ¥26 million and 6,051 shares at the end of the previous consolidated fiscal year, and ¥59 million and 12,189 shares during the third quarter of the current consolidated fiscal year.」
Continues to disclose the resolutions to extend the trust periods and make additional contributions for the BIP Trust and ESOP Trust in July 2021, as well as the number of shares remaining at the end of the current quarter. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 July 2021, the Company resolved to extend the trust period and make an additional contribution of funds under the Program. The Company records its shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding incidental costs. The carrying value and number of these treasury shares were ¥26 million and 6,051 shares at the end of the previous consolidated fiscal year, and ¥59 million and 12,189 shares during the second quarter of the current consolidated fiscal year.」
For the BIP Trust for directors and the ESOP Trust for employees at managerial level and above, the Company resolved on 28 July 2021 to extend the trust period and make an additional contribution, and also updated the number of shares remaining in the trusts. - FY2021AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 January 2021, the Company resolved its policy for determining the details of individual compensation and other payments for directors.」
After consultation with and recommendations from the Nomination and Compensation Committee, the Company formally resolved its policy for determining individual director compensation. Operating revenue, operating income and net income attributable to owners of the parent, among other items, are used as performance-linked indicators, and both targets and actual results have also been disclosed. - FY2021-Q3RestatedAnnual report
「The Company records its shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding incidental costs. During the third quarter of the current fiscal year, the carrying value of these shares was ¥26 million and the number of shares was 6,051. The Company records its shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding incidental costs. During the third quarter of the current fiscal year, the carrying value of these shares was ¥88 million and the number of shares was 20,368.」
Continued to disclose the share-based compensation and share grant programs using the BIP Trust for directors and the ESOP Trust for employees at managerial level and above, and updated the number of shares remaining in the trusts. - FY2021-Q1RestatedAnnual report
「The Company has introduced a performance-linked share-based compensation program using an executive compensation BIP Trust for directors (excluding outside directors and part-time directors; the same applies below), with the aim of increasing their motivation to contribute to improved medium- to long-term performance and enhanced corporate value.」
Continues to disclose the application of the share-based compensation and share grant programs using the BIP Trust for directors and the ESOP Trust for employees at managerial level and above. - FY2020-Q2RestatedAnnual report
「The Company has introduced a performance-linked share-based compensation program using an executive compensation BIP Trust (the “Program”) for directors (excluding outside directors and part-time directors; the same applies below), with the aim of increasing their motivation to contribute to improved medium- to long-term performance and enhanced corporate value. The Company has introduced a share grant program using a share grant ESOP Trust (the “Program”) for employees at managerial level and above (the “Employees”), with the aim of providing incentives to further promote the pursuit of improved performance in the execution of their duties.」
Continues to disclose the share-based compensation and share grant programs using the BIP Trust for directors and the ESOP Trust for employees at managerial level and above. The Company disclosed that 9,200 BIP Trust shares and 20,571 ESOP Trust shares remained in the trusts. - FY2020-Q1RestatedAnnual report
「The Company has introduced a performance-linked share-based compensation plan using an officer compensation BIP trust for directors, excluding outside directors and part-time directors, to increase their motivation to contribute to improved medium- to long-term performance and enhanced corporate value. Under the Plan, Company shares are acquired through the trust using funds contributed by the Company, and Company shares and other assets are delivered through the trust to directors in accordance with the share delivery rules for the officer compensation BIP trust established by the Company. In principle, directors receive the Company shares and other assets when they retire from office. The Company has introduced a share grant plan using a share grant ESOP trust for employees at or above management level (the "Employees"), with the aim of providing incentives to further promote the performance of their duties toward improving performance. Under the Plan, Company shares are acquired through the trust using funds contributed by the Company, and Company shares and other assets are delivered through the trust to Employees in accordance with the share delivery rules for the share grant ESOP trust established by the Company. In principle, Employees receive the Company shares and other assets when they retire.」
Continues to disclose the application of the share-based compensation and share grant programs using the BIP Trust for directors and the ESOP Trust for employees at managerial level and above. - FY2019AdvancedAnnual report
「From the current consolidated fiscal year, the Company introduced a performance-linked share-based compensation plan using an officer compensation BIP trust (the "Plan") for directors, excluding outside directors and part-time directors, to increase their motivation to contribute to improved medium- to long-term performance and enhanced corporate value.」
The details of the BIP trust and ESOP trust introduced were disclosed, including the trust periods, trust amounts and number of shares acquired. The BIP trust involved ¥50 million and a maximum of 22,500 shares, while the ESOP trust involved ¥100 million and 20,700 shares. - FY2019-Q3RestatedAnnual report
「From the second quarter of the current consolidated fiscal year, the Company introduced a performance-linked share-based compensation plan using an officer compensation BIP trust (the "Plan") for directors, excluding outside directors and part-time directors, to increase their motivation to contribute to improved medium- to long-term performance and enhanced corporate value. From the second quarter of the current consolidated fiscal year, the Company introduced a share grant plan using a share grant ESOP trust (the "Plan") for employees at or above management level, to provide incentives to further promote the performance of their duties toward improving performance.」
The application of the BIP trust for directors and the ESOP trust for employees at or above management level, introduced from the second quarter, continues to be disclosed. - FY2019-Q2First statedAnnual report
「From the second quarter of the current consolidated fiscal year, the Company introduced a performance-linked share-based compensation plan using an officer compensation BIP trust (the "Plan") for directors, excluding outside directors and part-time directors, to increase their motivation to contribute to improved medium- to long-term performance and enhanced corporate value. Under the Plan, Company shares are acquired through the trust using funds contributed by the Company, and Company shares and other assets are delivered through the trust to directors in accordance with the share delivery rules for the officer compensation BIP trust established by the Company. In principle, directors receive the Company shares and other assets when they retire from office. From the second quarter of the current consolidated fiscal year, the Company introduced a share grant plan using a share grant ESOP trust (the "Plan") for employees at or above management level (the "Employees"), with the aim of providing incentives to further promote the performance of their duties toward improving performance. Under the Plan, Company shares are acquired through the trust using funds contributed by the Company, and Company shares and other assets are delivered through the trust to Employees in accordance with the share delivery rules for the share grant ESOP trust established by the Company. In principle, Employees receive the Company shares and other assets when they retire.」
From the second quarter, the Company introduced an officer compensation BIP trust for directors and a share grant ESOP trust for employees at or above management level. The disclosure describes a mechanism for delivering shares through the trusts, with the aims of improving medium- to long-term performance, increasing corporate value and encouraging employees to perform their duties toward improving performance.