Employee Incentives Through a Stock Benefit Trust (J-ESOP)
First written in FY2024-Q1. 3 of 5 entries say "Restated". Latest entry: FY2026.
24 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Common shares (Note) 1. The number of treasury shares at the end of the consolidated fiscal year includes 155,300 shares of the Company held by Custody Bank of Japan, Ltd. (Trust E Account) as trust assets of the Stock Benefit Trust (J-ESOP).」
The Company continued to operate J-ESOP, and 4,500 shares were delivered from the trust during the consolidated fiscal year. The number of shares held by the trust at year-end was 155,300. - FY2026-H1RestatedAnnual report
「At a Board of Directors meeting held on 22 February 2023, the Company resolved to introduce an incentive plan, the Stock Benefit Trust (J-ESOP), under which shares of the Company will be granted to employees in management positions (hereinafter, “managers”). The plan is intended to strengthen the link between the Company's share price and performance and employee compensation, share the resulting economic benefits with shareholders, and increase employees' motivation and morale to improve the share price and performance. The Company entered into a trust agreement on 2 June of the same year. The carrying amount and number of these treasury shares were ¥303 million and 159 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥295 million and 155 thousand shares, respectively, at the end of the current interim consolidated fiscal period.」
The Company continues to operate the Stock Benefit Trust (J-ESOP) for managers. The treasury shares remaining in the trust had a carrying amount of ¥295 million and totaled 155 thousand shares. - FY2024-Q3RestatedAnnual report
「At a Board of Directors meeting held on 22 February 2023, the Company resolved to introduce an incentive plan, the Stock Benefit Trust (J-ESOP), under which shares of the Company will be granted to employees in management positions (hereinafter, “managers”). The plan is intended to strengthen the link between the Company's share price and performance and employee compensation, share the resulting economic benefits with shareholders, and increase employees' motivation and morale to improve the share price and performance. The Company entered into a trust agreement on 2 June of the same year. The carrying amount and number of these treasury shares were ¥303 million and 79 thousand shares, respectively, as of the end of the current third quarter of the consolidated fiscal period.」
The Company continues to operate the Stock Benefit Trust (J-ESOP) for managers and has disclosed the treasury shares remaining in the trust at a carrying amount of ¥303 million, representing 79 thousand shares. - FY2024-Q2RestatedAnnual report
「At a Board of Directors meeting held on 22 February 2023, the Company resolved to introduce an incentive plan, the Stock Benefit Trust (J-ESOP), under which shares of the Company will be granted to employees in management positions (hereinafter, “managers”). The plan is intended to strengthen the link between the Company's share price and performance and employee compensation, share the resulting economic benefits with shareholders, and increase employees' motivation and morale to improve the share price and performance. The Company entered into a trust agreement on 2 June of the same year. The carrying amount and number of these treasury shares were ¥304 million and 80 thousand shares, respectively, as of the end of the current second quarter of the consolidated fiscal period.」
The Company continues to operate the Stock Benefit Trust (J-ESOP) for managers and has disclosed the treasury shares remaining in the trust at a carrying amount of ¥304 million, representing 80 thousand shares. - FY2024-Q1First statedAnnual report
「At a Board of Directors meeting held on 22 February 2023, we resolved to introduce the “stock benefit trust (J-ESOP)” incentive plan, under which shares of the Company are delivered to employees in managerial positions, with the aim of further aligning employee treatment with the Company’s share price and performance and sharing economic benefits with shareholders, thereby increasing employees’ motivation and morale to improve the share price and performance. We entered into the trust agreement on 2 June of the same year. The carrying amount and number of these treasury shares were ¥304 million and 80 thousand shares, respectively, at the end of the first quarter of the current consolidated fiscal year.」
Introduced J-ESOP, under which points are granted to managerial employees and corresponding Company shares are delivered upon retirement. Discloses the February 2023 resolution, the June 2023 trust agreement and 80 thousand shares held in trust with a carrying amount of ¥304 million.