Introducing a restricted stock compensation plan
First written in FY2019. 12 of 16 entries say "Advanced", first in FY2020-Q2. Latest entry: 2026-08-05.
105 other companies' latest entry also says "Advanced".
- FY2026RaisedAnnual report
「Under the revised policy, fixed remuneration, bonuses as performance-linked remuneration and share-based remuneration will account for approximately 25%, 25% and 50%, respectively, of the president's total remuneration. The total amount of performance-linked remuneration, including share-based remuneration, is capped at ¥3.6 billion for 3 fiscal years, and the total number of restricted shares allotted to eligible directors in each fiscal year is capped at 200,000 shares.」
On the assumption that the Company would transition to a company with an Audit and Supervisory Committee, a proposal was presented to set the president's share-based remuneration ratio at 50%, with a share-based remuneration framework capped at ¥3.6 billion for 3 fiscal years and an annual limit of 200,000 shares. The remuneration structure and monetary limits have changed from the previous caps of ¥900 million for 3 fiscal years and 600,000 shares annually. - FY2026-H1AdvancedAnnual report
「The Company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying value in the trust, excluding incidental expenses. The carrying value and number of these treasury shares were ¥1,155 million and 527,498 shares, respectively, at the end of the previous consolidated fiscal year, and ¥678 million and 309,610 shares, respectively, at the end of the current interim consolidated accounting period.」
Under the performance-linked share-based remuneration plan for officers, the number of shares remaining in the trust decreased from 527,498 at the end of the previous fiscal year to 309,610 at the end of the interim period, updating the plan's operating record. - FY2024AdvancedAnnual report
「The Company has introduced a performance-linked share-based remuneration plan using a trust for its directors other than outside directors and its executive officers, collectively referred to below as "directors and executive officers."」
The Company disclosed the details of its performance-linked share-based remuneration plan using a trust, including fixed portions based on position, performance-linked portions and a 3-year trust period. As of the end of March 2024, the trust held 756,000 shares for officers and 1,547,000 shares for employees. - FY2024-Q2AdvancedAnnual report
「Beginning in the second quarter consolidated accounting period, the Company has introduced a performance-linked share-based remuneration plan using a trust for its directors other than outside directors and its executive officers, collectively referred to below as "directors and executive officers." The purpose of the Plan is to clarify further the linkage between the remuneration of directors and executive officers and the Company's performance and share value, and to enhance their awareness of contributing to improved medium- to long-term performance and increased corporate value by sharing with shareholders the benefits and risks arising from share price fluctuations.」
As a transition from the restricted share-based remuneration plan resolved in the previous fiscal year, a performance-linked share-based remuneration plan using a trust was introduced from the second quarter. The plan, which clarifies the linkage between the remuneration of directors and executive officers and performance and share value, has moved into the implementation phase. - FY2023ReframedAnnual report
「At a meeting of the Board of Directors held on 15 May 2023, the Company resolved to abolish the existing remuneration framework for "restricted share-based remuneration" for directors other than outside directors, and to introduce a new performance-linked share-based remuneration plan using a trust, referred to below as the "Plan."」
The Company abolished the restricted share-based remuneration plan and transitioned to a performance-linked share-based remuneration plan using a trust. The plan covers the 3 fiscal years from the fiscal year ending March 2024 through the fiscal year ending March 2026, with a ¥900 million cap on funds for acquiring shares for directors. - FY2022-Q2AdvancedAnnual report
「In addition, based on a resolution passed at the Board of Directors meeting held on 13 July 2021, the Company disposed of 210,800 treasury shares as restricted share-based remuneration.」
Under the restricted share-based remuneration plan, 210,800 treasury shares were disposed of based on the Board of Directors resolution of 13 July 2021, adding to the plan's operating record. - FY2021-Q3AdvancedAnnual report
「In addition, based on a resolution passed at the Board of Directors meeting held on 14 July 2020, the Company disposed of 243,900 treasury shares as restricted share-based remuneration.」
Under the restricted share-based remuneration plan, the Company disposed of 243,900 treasury shares based on the Board of Directors resolution of 14 July 2020. An additional record of the plan's operation was recorded. - FY2020Specifying the remuneration structure and performance linkageAnnual report
「Directors receive monthly remuneration as fixed remuneration, bonuses as performance-linked remuneration, and share-based remuneration, with amounts determined by position. For the president, monthly remuneration, bonuses and share-based remuneration account for 60%, 25% and 15% of total remuneration, respectively. For other directors, the corresponding proportions are 70%, 15% and 15%. During the fiscal year, the Board of Directors deliberated and decided that remuneration would be paid using an evaluation factor of 190%.」
The restricted share-based remuneration plan was specified as a remuneration structure comprising fixed remuneration, bonuses and share-based remuneration, including an evaluation factor of 190% linked to net income attributable to owners of the parent and other metrics. - FY2020-Q3RestatedAnnual report
「In addition, based on a resolution passed at the Board of Directors meeting held on 9 July 2019, the Company disposed of 218,500 treasury shares as restricted share-based remuneration.」
The disposal of 218,500 treasury shares under the restricted share-based remuneration plan, based on the Board of Directors resolution of 9 July 2019, has been reconfirmed. - FY2020-Q2AdvancedAnnual report
「In addition, based on a resolution passed at the Board of Directors meeting held on 9 July 2019, the Company disposed of 218,500 treasury shares as restricted share-based remuneration.」
Under the restricted share-based remuneration plan introduced in FY2019, 218,500 treasury shares were disposed of based on a Board of Directors resolution, putting the plan into concrete operation. - FY2019First statedAnnual report
「The Company has decided to allot the common shares of the Company set out below to the eligible directors, subject to a specified transfer restriction period and provisions under which the Company may acquire the shares without consideration. The eligible directors are the Company's directors other than outside directors, and are referred to below as the "eligible directors." The purpose is for the eligible directors to share with shareholders the benefits and risks of share price fluctuations and to further strengthen their motivation to contribute to an increase in the share price and corporate value. The allotment will be made separately from the above-mentioned directors' remuneration and total bonuses. The remuneration paid for granting the restricted shares to the eligible directors will take the form of monetary remuneration claims. The total amount has been set at no more than ¥300 million per year, taking into comprehensive consideration the eligible directors' contributions and other relevant factors.」
The Company introduced a restricted share-based remuneration plan to enable directors to share with shareholders the benefits and risks of share price fluctuations and to strengthen their motivation to contribute to enhancing corporate value. Monetary remuneration claims for eligible directors are capped at ¥300 million per year, and the number of shares allotted is capped at 600,000 shares for each fiscal year. The transfer restrictions are lifted subject to the director remaining in office for a specified period.