Introduction of a Performance-Based Stock Compensation Plan
First written in FY2023-Q3. 4 of 5 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2023: 6 of 39 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「Based on a resolution at the 81st Annual General Meeting of Shareholders held on 29 June 2022, the company introduced a performance-linked stock compensation plan from 31 August 2022 for directors, excluding outside directors. Unless otherwise stated, references to directors below exclude outside directors. The plan is intended to clarify the link between directors’ compensation and the company’s performance and share value, and to encourage directors to contribute to improving medium- to long-term performance and increasing corporate value by sharing with shareholders not only the benefits of a rising share price but also the risk of a decline.」
The company reiterated its policy of introducing and operating the performance-linked stock compensation plan from 31 August 2022. The trust held 49,800 remaining shares of the company’s own stock. - FY2024-Q3RestatedAnnual report
「Based on a resolution at the 81st Annual General Meeting of Shareholders held on 29 June 2022, the company introduced a performance-linked stock compensation plan from 31 August 2022 for directors, excluding outside directors. Unless otherwise stated, references to directors below exclude outside directors. The plan is intended to clarify the link between directors’ compensation and the company’s performance and share value, and to encourage directors to contribute to improving medium- to long-term performance and increasing corporate value by sharing with shareholders not only the benefits of a rising share price but also the risk of a decline.」
The company reiterated its policy of introducing and operating the performance-linked stock compensation plan from 31 August 2022. - FY2024-Q2RestatedAnnual report
「Based on a resolution at the 81st Annual General Meeting of Shareholders held on 29 June 2022, the company introduced a performance-linked stock compensation plan from 31 August 2022 for directors, excluding outside directors. Unless otherwise stated, references to directors below exclude outside directors. The plan is intended to clarify the link between directors’ compensation and the company’s performance and share value, and to encourage directors to contribute to improving medium- to long-term performance and increasing corporate value by sharing with shareholders not only the benefits of a rising share price but also the risk of a decline.」
The company reiterated its policy of introducing a performance-linked stock compensation plan. The trust held 49,800 remaining shares of the company’s own stock, unchanged from the end of the previous consolidated fiscal year. - FY2024-Q1RestatedAnnual report
「Based on a resolution at the 81st Annual General Meeting of Shareholders held on 29 June 2022, the company introduced a performance-linked stock compensation plan from 31 August 2022 for directors, excluding outside directors. Unless otherwise stated, references to directors below exclude outside directors. The plan is intended to clarify the link between directors’ compensation and the company’s performance and share value, and to encourage directors to contribute to improving medium- to long-term performance and increasing corporate value by sharing with shareholders not only the benefits of a rising share price but also the risk of a decline.」
The company reiterated its policy of introducing a performance-linked stock compensation plan and recorded the 49,800 shares of its own stock remaining in the trust as treasury shares. - FY2023-Q3First statedAnnual report
「Based on a resolution at the 81st Annual General Meeting of Shareholders held on 29 June 2022, the company introduced a performance-linked stock compensation plan from 31 August 2022 for directors, excluding outside directors. Unless otherwise stated, references to directors below exclude outside directors. The plan is intended to clarify the link between directors’ compensation and the company’s performance and share value, and to encourage directors to contribute to improving medium- to long-term performance and increasing corporate value by sharing with shareholders not only the benefits of a rising share price but also the risk of a decline. Under the plan, company shares are acquired through a trust using funds contributed by the company, and company shares and cash equivalent to the market value of the shares are delivered to directors through the trust in accordance with the company’s officer share benefit regulations.」
From 31 August 2022, the company introduced a performance-linked stock compensation plan to clarify the link between directors’ compensation and performance and share value. Shares and other benefits are delivered through a trust, allowing directors to share with shareholders both the benefits of a rising share price and the risk of a decline.