Share-based Benefit Trust for Management (J-ESOP)
First written in FY2021. 2 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025AdvancedAnnual report
「Details of the acquisition of the company’s shares by the trust (b) Amount placed in the trust to fund the acquisition of shares: ¥626,160,000 (d) Maximum number of shares to be acquired: 120,000 shares (e) Method of acquisition: acquisition by subscribing to the disposal of treasury shares (f) Acquisition date: 2 December 2024」
For the Stock Benefit Trust (J-ESOP) for managers, the company made an additional acquisition on 2 December 2024, using ¥626,160,000 in acquisition funds for up to 120,000 shares. - FY2023AdvancedAnnual report
「The company records the shares of the company remaining in the trust as treasury shares under net assets at their book value in the trust, excluding incidental expenses. The book value and number of these treasury shares were ¥463 million and 285,300 shares at the end of the previous consolidated fiscal year, and ¥458 million and 282,500 shares at the end of the current consolidated fiscal year, respectively.」
For the Stock Benefit Trust (J-ESOP) for managers, the company discloses the remaining number of shares and book value after reflecting shares granted during the fiscal year. - FY2021First statedAnnual report
「At a Board of Directors meeting held on 12 February 2021, the company resolved to introduce the Stock Benefit Trust (J-ESOP), an incentive plan to provide the company’s shares to managers, and entered into the trust agreement on 26 February of the same year. The amount placed in the trust to fund the acquisition of shares was ¥464,000,000, and the maximum number of shares to be acquired was 339,000.」
The company established the Stock Benefit Trust (J-ESOP) to foster managers’ sense of belonging and motivate them to increase the share price, setting the trust amount at ¥464 million and the maximum number of shares to be acquired at 339,000.