Trust-Based Employee Shareholding Incentive Plan (E-Ship®)
First written in FY2017-Q1. 6 of 20 entries say "Restated". Latest entry: FY2022-Q3.
6 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「Because the Company’s shares owned by the employee stock ownership trust established under the Trust-Type Employee Stock Ownership Incentive Plan (E-Ship®) are recognized as treasury shares in the quarterly consolidated financial statements, the “weighted-average number of common shares outstanding during the period” for the first three quarters of the previous fiscal year was calculated after deducting those shares.」
The accounting treatment of shares held by the employee stock ownership trust under E-Ship as treasury shares has been confirmed in the comparative information. - FY2021Completion of the transfer of shares held by the employee stock ownership trustAnnual report
「Decrease of 227,300 shares due to the transfer from Nomura Trust and Banking Co., Ltd. (Yamauura Employee Stock Ownership Association Dedicated Trust Account) (the “Employee Stock Ownership Trust”) to the Yamauura Employee Stock Ownership Association」
The transfer from the Employee Stock Ownership Trust to the employee stock ownership association reduced the number of shares by 227,300, reflecting the transfer of the shares held by the Employee Stock Ownership Trust. - FY2021-Q3Trust-held shares and carrying amount updatedAnnual report
「The carrying value and number of treasury shares were ¥203.709 million and 227,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥7.170 million and 8,000 shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
The reintroduced E-Ship continues to operate. Shares held by the employee stock ownership trust decreased from 227,300 at the end of the previous fiscal year to 8,000, and their carrying value decreased from ¥203.709 million to ¥7.170 million. - FY2021-Q2Update to the number of shares held by the trust, carrying value and borrowingsAnnual report
「This plan is an incentive plan for all employees who participate in the Yamauura Employee Stock Ownership Association (the “Association”). Under the plan, the Company establishes the Yamauura Employee Stock Ownership Association Dedicated Trust (the “Employee Stock Ownership Trust”) with a trust bank, and the Employee Stock Ownership Trust purchases in advance the number of the Company’s shares expected to be acquired by the Association over the next 7 years. The carrying value and number of treasury shares were ¥203.709 million and 227,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥45.707 million and 51,000 shares, respectively, at the end of the second quarter of the current consolidated fiscal year. The carrying value of borrowings recognized under the gross method was ¥210.120 million at the end of the previous consolidated fiscal year and ¥75.890 million at the end of the second quarter of the current consolidated fiscal year.」
The reintroduced E-Ship continues to operate. Shares held by the employee stock ownership trust decreased from 227,300 to 51,000, their carrying value decreased from ¥203.709 million to ¥45.707 million, and recognized borrowings decreased from ¥210.120 million to ¥75.890 million. - FY2021-Q1Update to the number of shares held by the trust, carrying value and borrowingsAnnual report
「The carrying value and number of treasury shares were ¥203.709 million and 227,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥128.068 million and 142,900 shares, respectively, at the end of the first quarter of the current consolidated fiscal year.」
The reintroduced E-Ship continues to operate. Shares held by the employee stock ownership trust decreased from 227,300 to 142,900, and their carrying value decreased from ¥203.709 million to ¥128.068 million. Recognized borrowings were ¥210.120 million, unchanged from the end of the previous fiscal year. - FY2020Update to the number of shares held by the trust, carrying value and borrowingsAnnual report
「The carrying value and number of treasury shares were ¥468.987 million and 523,300 shares, respectively, in the previous consolidated fiscal year, and ¥203.709 million and 227,300 shares, respectively, in the current consolidated fiscal year.」
E-Ship continues to operate, but shares held by the employee stock ownership trust decreased from 523,300 to 227,300, and their carrying value decreased from ¥468.987 million to ¥203.709 million. Borrowings recognized under the gross method also decreased from ¥469.400 million to ¥210.120 million. - FY2020-Q3Trust-held shares and carrying amount updatedAnnual report
「This plan is an incentive plan for all employees who participate in the Yamauura Employee Stock Ownership Association (the “Association”). Under the plan, the Company establishes the Yamauura Employee Stock Ownership Association Dedicated Trust (the “Employee Stock Ownership Trust”) with a trust bank, and the Employee Stock Ownership Trust purchases in advance the number of the Company’s shares expected to be acquired by the Association over the next 7 years. The carrying value and number of treasury shares were ¥468.987 million and 523,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥214.553 million and 239,400 shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
The reintroduced E-Ship continues to operate. Shares held by the employee stock ownership trust decreased from 523,300 at the end of the previous fiscal year to 239,400, and their carrying value decreased from ¥468.987 million to ¥214.553 million. - FY2020-Q2Update to the number of shares held by the trust, carrying value and borrowingsAnnual report
「The carrying value and number of treasury shares were ¥468.987 million and 523,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥295.480 million and 329,700 shares, respectively, at the end of the second quarter of the current consolidated fiscal year. The carrying value of borrowings recognized under the gross method was ¥469.400 million at the end of the previous consolidated fiscal year and ¥301.500 million at the end of the second quarter of the current consolidated fiscal year.」
The reintroduced E-Ship continues to operate. Shares held by the employee stock ownership trust decreased from 523,300 to 329,700, their carrying value decreased from ¥468.987 million to ¥295.480 million, and recognized borrowings decreased from ¥469.400 million to ¥301.500 million. - FY2020-Q1Trust-held shares and carrying amount updatedAnnual report
「This plan is an incentive plan for all employees who belong to the “株式会社ヤマウラ従業員持株会” employee stock ownership association. Under the plan, the Company establishes a dedicated trust for the association with a trust bank, and the trust acquires in advance the number of the Company's shares expected to be acquired by the association over the next 7 years. The carrying amount and number of these treasury shares were ¥468,987 thousand and 523,300 shares, respectively, at the end of the previous consolidated fiscal year, and ¥377,394 thousand and 421,100 shares, respectively, at the end of the first quarter of the current consolidated accounting period.」
The reintroduced E-Ship continues to operate. Shares held by the employee stock ownership trust decreased from 523,300 at the end of the previous fiscal year to 421,100, and their carrying value decreased from ¥468.987 million to ¥377.394 million. - FY2019Year-end trust-held shares updatedAnnual report
「There were no applicable shares or carrying amount in the previous consolidated fiscal year. In the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥468,987 thousand and 523,300 shares, respectively.」
The reintroduced E-Ship is in operation. At fiscal year-end, the trust held 523,300 shares, with a carrying amount of ¥468,987 thousand. - FY2019-Q3Update to Shares Held in TrustAnnual report
「This plan is an incentive plan for all employees who belong to the “株式会社ヤマウラ従業員持株会” employee stock ownership association. Under the plan, the Company establishes a dedicated trust for the association with a trust bank, and the trust acquires in advance the number of the Company's shares expected to be acquired by the association over the next 7 years.」
The reintroduced E-Ship is in operation. At the end of the third quarter of the current consolidated accounting period, the trust held 536,300 shares, with a carrying amount of ¥480,637 thousand, and borrowings recorded under the gross method amounted to ¥636,030 thousand. - FY2019-Q2Trust-held shares and borrowings updatedAnnual report
「The carrying amount and number of these treasury shares were ¥633,441 thousand and 706,800 shares, respectively, at the end of the second quarter of the current consolidated accounting period. The carrying amount of borrowings recorded under the gross method was ¥636,030 thousand at the same date.」
The reintroduced E-Ship is in operation. The trust held 706,800 shares, with a carrying amount of ¥633,441 thousand, and borrowings recorded under the gross method amounted to ¥636,030 thousand. - FY2019-Q1RestatedAnnual report
「This plan is an incentive plan for all employees who belong to the “株式会社ヤマウラ従業員持株会” employee stock ownership association. Under the plan, the Company establishes a dedicated trust for the association with a trust bank, and the trust acquires in advance the number of the Company's shares expected to be acquired by the association over the next 7 years.」
The reintroduced E-Ship is in operation, with the structure covering all employees and providing for the acquisition of shares and their continued sale to the employee stock ownership association over the next 7 years. The trust held 778,800 shares, with a carrying amount of ¥697,968 thousand. - FY2018Reintroduction of the planAnnual report
「At a meeting of its Board of Directors held on 4 June 2018, the Company resolved to introduce the “Trust-Based Employee Stock Ownership Incentive Plan (E-Ship®)” (the “Plan”) to provide its employees with incentives to enhance corporate value over the medium to long term.」
Following the termination of the previous trust, E-Ship was reintroduced in June 2018, and a plan was launched under which shares would be acquired and continuously sold to the employee stock ownership association over the next 7 years. The planned number of shares to be acquired was 781,000. - FY2017RestatedAnnual report
「If the Company's shares held in the trust are exhausted through sales to the Company's employee stock ownership association, trust proceeds are distributed to the beneficiaries and the trust terminates before the end of its term. In this case, the trust terminated because the Company's shares held in the trust were exhausted through sales to the employee stock ownership association during the current consolidated fiscal year.」
The annual report also confirms that the E-Ship trust terminated through the sale of shares to the employee stock ownership association. - FY2018-Q1RestatedAnnual report
「If the Company's shares held in the trust are exhausted through sales to the Company's employee stock ownership association, trust proceeds are distributed to the beneficiaries and the trust terminates before the end of its term. In this case, the trust terminated because the Company's shares held in the trust were exhausted through sales to the employee stock ownership association during the first quarter of the current consolidated accounting period.」
Additional information continues to state that the E-Ship trust terminated during the first quarter of the current consolidated accounting period and the conditions for its termination. - FY2017-Q4RestatedAnnual report
「If the Company's shares held in the trust are exhausted through sales to the Company's employee stock ownership association, trust proceeds are distributed to the beneficiaries and the trust terminates before the end of its term. In this case, the trust terminated because the Company's shares held in the trust were exhausted through sales to the employee stock ownership association during the first quarter of the current consolidated accounting period.」
Additional information continues to state that the E-Ship trust terminated during the first quarter of the current consolidated accounting period. - FY2017-Q3AchievedAnnual report
「The trust terminated because the Company's shares held in the trust were exhausted through sales to the Company's employee stock ownership association during the first quarter of the current consolidated accounting period.」
The shares held in the trust were exhausted through sales to the employee stock ownership association, and the trust for the trust-based employee stock ownership incentive plan terminated before the end of its term. - FY2016RestatedAnnual report
「This plan is an incentive plan for all employees who belong to the “株式会社ヤマウラ従業員持株会” employee stock ownership association. Under the plan, the Company establishes a dedicated trust for the association with a trust bank, and the trust acquires in advance the number of the Company's shares expected to be acquired by the association over the 7-year period beginning in May 2013.」
The structure covering all employees, under which the trust acquires shares over 7 years and continues to sell them to the employee stock ownership association, continues to be disclosed. The number of shares held by the employee stock ownership trust at period-end was 51,600. - FY2017-Q1First statedAnnual report
「This plan is an incentive plan for all employees who belong to the “株式会社ヤマウラ従業員持株会” employee stock ownership association. Under the plan, the Company establishes a dedicated trust for the association with a trust bank, and the trust acquires in advance the number of the Company's shares expected to be acquired by the association over the 7-year period beginning in May 2013.」
The structure covers all employees, with a dedicated trust acquiring shares and continuing to sell them to the employee stock ownership association.