Performance-Linked Stock Compensation Scheme for Directors and Other Officers
First written in FY2018. 3 of 15 entries say "Advanced", first in FY2019-Q3. Latest entry: 2026-05-28.
1 other company's latest entry also says "Reframed".
- FY2026-H1Update to shares held in trustAnnual report
「The company's shares, totaling 857,300 (8,573 voting rights), owned by Custody Bank of Japan, Ltd. (Trust Account) through the Share Delivery Trust for Directors and Other Officers are included.」
The number of shares held by the Share Delivery Trust for Directors and Other Officers was updated to 857,300, representing 8,573 voting rights. - FY2025-H1Update to shares held in trustAnnual report
「The company's shares, totaling 775,100 (7,751 voting rights), owned by Custody Bank of Japan, Ltd. (Trust Account) through the Share Delivery Trust for Directors and Other Officers are included.」
As of 30 September 2024, the company disclosed that the Share Delivery Trust for Directors and Other Officers owned 775,100 of the company's shares, representing 7,751 voting rights. - FY2023ReframedAnnual report
「At a meeting of the Board of Directors held on 24 May 2022, the company resolved to continue the plan as a non-performance-linked share-based compensation plan for outside directors only, and the proposal concerning the plan was approved at the 23rd Annual General Meeting of Shareholders held on 17 June 2022.」
The share-based compensation plan introduced in 2018 was changed in 2022 to a non-performance-linked plan for outside directors only and has continued in that form. - FY2023-Q2Update to shares held in the trustAnnual report
「431,200 of the company's shares owned by Custody Bank of Japan, Ltd. (Trust Account) through the Share Delivery Trust for Directors and Other Officers」
The number of shares held by the Share Delivery Trust for Directors and Other Officers increased to 431,200 from the 416,700 shares reported previously. - FY2022ReframedAnnual report
「In addition, the performance-linked metric regarded as important under the share-based compensation plan introduced in 2021 is the cumulative installed capacity (GW) of renewable energy power plants that have commenced operations, for which an investment decision for development has been made, or that have been certified as part of the development pipeline.」
For the performance-linked metrics under the share-based compensation plans, the 2021 plan uses cumulative installed capacity (GW) from operating plants, plants for which development investment decisions have been made, and certified pipeline projects, in addition to EBITDA for the fiscal year ended March 2023 under the 2018 plan. - FY2022-Q2Update to shares held in the trustAnnual report
「416,700 of the company's shares owned by Custody Bank of Japan, Ltd. (Trust Account) through the Share Delivery Trust for Directors and Other Officers」
The number of shares held by the Share Delivery Trust for Directors and Other Officers increased to 416,700. - FY2022-Q1AdvancedAnnual report
「② Amount to be placed in trust for the acquisition of shares : ¥90 million ③ Method of acquiring shares: Acquisition through the market ④ Acquisition period: 11 August 2021 to 30 September 2021 (予定)」
The company finalized the implementation details for the Share Delivery Trust for Directors and Other Officers, including placing ¥90 million in trust and acquiring the company's shares in the market from 11 August to 30 September 2021. - FY2021RaisedAnnual report
「Aggregate acquisition amount and number of shares A maximum of ¥1,200 million and 362,000 shares over the 5 fiscal years beginning 1 April 2021」
The share-based compensation plan for directors and other officers was expanded from the previous plan to a new plan covering 5 fiscal years, with caps of ¥1,200 million and 362,000 shares, and was designed to share the risk of a decline in the share price with shareholders. - FY2021-Q2Update to shares held in the trustAnnual report
「381,500 of the company's shares owned by Custody Bank of Japan, Ltd. (Trust Account) through the Share Delivery Trust for Directors and Other Officers」
The number of shares held by the share delivery trust decreased to 381,500 from the 387,700 shares reported previously. - FY2020-Q2Update to shares held in the trustAnnual report
「387,700 of the company's shares owned by Japan Trustee Services Bank, Ltd. (Trust Account) through the Share Delivery Trust for Directors and Other Officers」
The number of shares held by the share delivery trust decreased to 387,700 from the 393,600 shares reported previously. - FY2019-Q4Update to shares held in the trustAnnual report
「At the end of the third quarter of the current fiscal year, the carrying value of these treasury shares was ¥504 million and the number of shares was 393,600.」
The treasury shares remaining in the trust for the share-based compensation plan totaled ¥504 million at carrying value, or 393,600 shares. The balance decreased from ¥513 million and 400,800 shares reported previously. - FY2019-Q3AdvancedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying value in the trust. At the end of the second quarter of the current fiscal year, the carrying value of these treasury shares was ¥513 million and the number of shares was 400,800.」
The share-based compensation plan using a share delivery trust entered the implementation stage, with treasury shares acquired by the trust recorded at ¥513 million, or 400,800 shares. - FY2018First statedAnnual report
「The plan is being introduced as an incentive for directors and other officers, using a trust-based share-based compensation scheme that is performance-linked for directors and other officers and not performance-linked for outside directors. Its purpose is to clarify the link between the compensation of directors and other officers and the value of the company's shares, and to heighten their awareness of contributing to medium- to long-term performance and growth in share value.」
The company plans to introduce share-based compensation using a share delivery trust, with performance-linked compensation for directors and executive officers and non-performance-linked compensation for outside directors. For the 4 fiscal years beginning in June 2018, the aggregate acquisition cost of the shares is capped at ¥580 million.