Trust-Based Employee Stock Ownership Incentive Plan
First written in FY2016. 6 of 8 entries say "Advanced", first in FY2017. Latest entry: FY2023.
41 other companies' latest entry also says "Achieved".
- FY2023AchievedAnnual report
「The plan ended in June 2022.」
The trust-based employee shareholding incentive plan introduced in February 2020 ended in June 2022. - FY2022AdvancedAnnual report
「The carrying amount and number of the Company's shares remaining in the trust were ¥543 million and 229 thousand shares in the previous consolidated fiscal year, and ¥135 million and 57 thousand shares in the current consolidated fiscal year, respectively.」
Under the employee shareholding incentive plan, which began in February 2020 and was scheduled to end on 28 February 2023, the shares remaining in the trust decreased from 229 thousand to 57 thousand, indicating progress in the plan's operation. - FY2021AdvancedAnnual report
「Thereafter, the Trust will continue to sell the Company's shares to the Chudenko Employee Investment Association.」
For the plan launched in February 2020 and scheduled to end on 28 February 2023, the Company disclosed 380,300 shares planned for acquisition by the employee shareholding association and others, and 229,000 shares remaining in the Trust at the fiscal year-end. - FY2020AdvancedAnnual report
「The Company introduced in February 2020 a dedicated trust account for the employee shareholding association, with the aim of promoting the Company's sustained growth by providing employees with incentives to enhance corporate value over the medium to long term, expanding employee benefits, and raising employee motivation through their participation in the Company's capital as shareholders.」
After the previous plan introduced in February 2017 ended in July 2019, the Company launched a new plan in February 2020. The trust period runs from 26 February 2020 to 28 February 2023, and the Trust is expected to have the employee shareholding association acquire 380,300 shares. - FY2019AdvancedAnnual report
「Thereafter, the Trust will continue to sell the Company's shares to the Chudenko Employee Investment Association.」
The plan, which began in February 2017 and was scheduled to end on 28 February 2020, progressed, leaving 48,000 shares in the Trust. The number of shares planned for acquisition by the employee shareholding association and others was 239,000. - FY2018AdvancedAnnual report
「The decrease in treasury common shares comprised a decrease of 36,000 shares due to the exercise of stock options, a decrease of 75,000 shares due to sales from the Trust to the Chudenko Employee Investment Association, and a decrease of 0 shares due to requests to purchase additional odd-lot shares.」
As the trust-based employee shareholding incentive plan progressed, the Company disclosed the sale of 75,000 shares from the Trust to the employee shareholding association and 160,000 shares held by the Trust at the fiscal year-end. - FY2017AdvancedAnnual report
「Under this plan, the Company establishes with a trust bank a dedicated trust account for the Chudenko Employee Investment Association (the “Trust”). After its establishment, the Trust will acquire in advance, through a private placement by the Company funded with borrowings, the number of the Company's shares expected to be acquired by the Chudenko Employee Investment Association over the subsequent 3 years. The trust-based employee shareholding incentive plan introduced in December 2013 ended in December 2016. Total number of shares planned for acquisition by the employee shareholding association and others 239,000 shares」
After the previous plan ended, the Company introduced a new trust-based employee shareholding incentive plan in February 2017 and began a scheme to supply 239,000 shares over 3 years. - FY2016First statedAnnual report
「Since December 2013, the Company has introduced a trust-based employee shareholding incentive plan to raise employee motivation by providing employees with incentives to enhance corporate value over the medium to long term, while expanding employee benefits, with the aim of improving business performance and, ultimately, increasing shareholder value.」
The Company plans to supply shares to the employee shareholding association through the trust, which is expected to acquire 247,900 shares.