Introduction of a Stock-Based Compensation System for Directors and Executive Officers
First written in FY2018. 7 of 20 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2026.
16 other companies' latest entry also says "Other".
- FY2026Shares held by the executive stock delivery trust declinedAnnual report
「At the end of the previous consolidated fiscal year, the shares had a carrying amount of ¥211 million and totaled 251,560 shares. At the end of the current consolidated fiscal year, they had a carrying amount of ¥172 million and totaled 205,772 shares.」
Shares held by the executive stock delivery trust declined from 251,560 to 205,772, while their carrying amount declined from ¥211 million to ¥172 million. - FY2026-H1Shares held by the executive stock delivery trust declinedAnnual report
「At the end of the previous consolidated fiscal year, the shares had a carrying amount of ¥211 million and totaled 251,560 shares. At the end of the current interim consolidated fiscal period, they had a carrying amount of ¥172 million and totaled 205,772 shares.」
Shares held by the executive stock delivery trust declined from 251,560 to 205,772, while their carrying amount declined from ¥211 million to ¥172 million. - FY2025AdvancedAnnual report
「On 26 November 2024, the company disposed of 45,000 treasury shares through a third-party allotment to ㈱日本カストディ銀行 (Trust Account), the re-trustee of 三井住友信託銀行㈱, the trustee.」
Under the revised executive stock-based compensation plan, the company disposed of 45,000 treasury shares to the trust account, resulting in 251,560 shares held in trust at the end of the period. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 8 November 2024, the company resolved the following matters concerning the additional acquisition of company shares by the trustee under the stock-based compensation plan introduced on 24 August 2018 for directors who are not Audit and Supervisory Committee members, excluding outside directors, and executive officers who have entered into service agreements with the company.」
The company disclosed a resolution to additionally acquire 105,000 shares, subject to a maximum total acquisition price of ¥107 million, under the plan covering the fiscal years ending March 2025 through March 2027. - FY2024ReframedAnnual report
「The purpose of the plan changes is to (1) link the number of shares delivered to directors under the plan to the company's performance, thereby clarifying the link between directors' compensation and the company's performance and share value and strengthening incentives to achieve performance targets, and (2) impose transfer restrictions on the shares delivered to directors until their retirement, thereby providing an incentive to sustainably increase corporate value after the shares are delivered.」
The executive stock-based compensation plan was changed to incorporate performance-linked compensation and transfer restrictions until retirement. The covered period is from the fiscal year ending March 2025 through the fiscal year ending March 2027, and the annual points limit was also changed from 40,000 to 80,000 points. - FY2024-Q3RestatedAnnual report
「At the end of the previous consolidated fiscal year, the shares had a carrying amount of ¥214 million and totaled 253,960 shares. At the end of the third quarter of the current consolidated fiscal year, they had a carrying amount of ¥140 million and totaled 166,960 shares.」
The company reconfirmed that the executive stock delivery trust held 166,960 shares with a carrying amount of ¥140 million. - FY2024-Q2Further decline in shares held by the executive stock delivery trustAnnual report
「At the end of the previous consolidated fiscal year, the shares had a carrying amount of ¥214 million and totaled 253,960 shares. At the end of the second quarter of the current consolidated fiscal year, they had a carrying amount of ¥140 million and totaled 166,960 shares.」
Shares held by the executive stock delivery trust declined from 253,960 to 166,960, while their carrying amount declined from ¥214 million to ¥140 million. - FY2024-Q1Shares held by the executive stock delivery trust declinedAnnual report
「At the end of the previous consolidated fiscal year, the shares had a carrying amount of ¥214 million and totaled 253,960 shares. At the end of the first quarter of the current consolidated fiscal year, they had a carrying amount of ¥206 million and totaled 244,460 shares.」
Shares held by the executive stock delivery trust declined from 253,960 to 244,460, while their carrying amount declined from ¥214 million to ¥206 million. - FY2023-Q2Shares held by the executive stock delivery trust declinedAnnual report
「At the end of the previous consolidated fiscal year, the shares had a carrying amount of ¥242 million and totaled 287,160 shares. At the end of the second quarter of the current consolidated fiscal year, they had a carrying amount of ¥214 million and totaled 253,960 shares.」
Shares held by the executive stock delivery trust declined from 287,160 to 253,960, while their carrying amount declined from ¥242 million to ¥214 million. - FY2023-Q1RestatedAnnual report
「At the end of the previous consolidated fiscal year, the shares had a carrying amount of ¥242 million and totaled 287,160 shares. At the end of the first quarter of the current consolidated fiscal year, they had a carrying amount of ¥242 million and totaled 287,160 shares.」
Under the extended executive stock delivery trust, the remaining shares held in trust totaled 287,160 and had a carrying amount of ¥242 million, unchanged from the end of the previous fiscal year. - FY2022AdvancedAnnual report
「Under the extended plan, company shares and other assets will be delivered to directors and executive officers serving during the 3 fiscal years from the fiscal year ending March 2022 through the fiscal year ending March 2025.」
The executive stock delivery trust was extended from the fiscal year ending March 2022 through the fiscal year ending March 2025, and the remaining shares held in trust increased from 105,460 to 287,160. - FY2022-Q3AdvancedAnnual report
「The Board of Directors resolved on 19 May 2021 to extend the plan. Under the extended plan, company shares and other assets will be delivered to directors and executive officers serving during the 3 fiscal years from the fiscal year ending March 2022 through the fiscal year ending March 2025.」
The company reported that, following the extension of the executive stock delivery trust, shares held in trust increased from 105,460 to 123,460 and their carrying amount increased from ¥109 million to ¥123 million. - FY2022-Q2RestatedAnnual report
「At the end of the previous consolidated fiscal year, the shares had a carrying amount of ¥109 million and totaled 105,460 shares. At the end of the second quarter of the current consolidated fiscal year, they had a carrying amount of ¥123 million and totaled 123,460 shares.」
The company reconfirmed that, under the extended executive stock delivery trust, shares held in trust totaled 123,460 and had a carrying amount of ¥123 million. - FY2022-Q1Stock-based compensation plan extended by 3 years with additional contributionAnnual report
「The Board of Directors resolved on 19 May 2021 to extend the plan. Under the extended plan, company shares and other assets will be delivered to directors and executive officers serving during the 3 fiscal years from the fiscal year ending March 2022 through the fiscal year ending March 2025.」
The Board of Directors resolved on 19 May 2021 to extend the executive stock delivery trust, establishing the 3 fiscal years from the fiscal year ending March 2022 through the fiscal year ending March 2025 as the new covered period. Shares held in trust also increased from 105,460 to 123,460. - FY2021-Q2AdvancedAnnual report
「At the end of the previous consolidated fiscal year, the shares had a carrying amount of ¥113 million and totaled 545,900 shares. At the end of the second quarter of the current consolidated fiscal year, they had a carrying amount of ¥109 million and totaled 527,300 shares.」
Shares held by the executive stock delivery trust declined from 545,900 to 527,300, while their carrying amount declined from ¥113 million to ¥109 million. - FY2020AdvancedAnnual report
「Treasury shares include company shares owned by 日本トラスティ・サービス信託銀行㈱ (Trust Account) as trust assets of the executive stock delivery trust, totaling 566,100 shares at the beginning and 545,900 shares at the end of the current consolidated fiscal year.」
The executive stock delivery trust delivered 20,200 shares to retiring executives, reducing the shares held in trust from 566,100 to 545,900. - FY2020-Q3RestatedAnnual report
「At the end of the previous consolidated fiscal year, the shares had a carrying amount of ¥117 million and totaled 566,100 shares. At the end of the third quarter of the current consolidated fiscal year, they had a carrying amount of ¥117 million and totaled 566,100 shares.」
The executive stock delivery trust held 566,100 shares with a carrying amount of ¥117 million, unchanged from the end of the previous fiscal year. - FY2020-Q2RestatedAnnual report
「At the end of the previous consolidated fiscal year, the shares had a carrying amount of ¥117 million and totaled 566,100 shares. At the end of the second quarter of the current consolidated fiscal year, they had a carrying amount of ¥117 million and totaled 566,100 shares.」
The executive stock delivery trust held 566,100 shares with a carrying amount of ¥117 million, unchanged from the end of the previous fiscal year. - FY2019-Q2AdvancedAnnual report
「Beginning in the second quarter of the current consolidated fiscal year, the company introduced the executive stock delivery trust, a stock-based compensation plan for company directors, excluding outside directors, and executive officers who have entered into service agreements with the company. At the end of the second quarter of the current consolidated fiscal year, the shares had a carrying amount of ¥117 million and totaled 566,100 shares.」
The executive stock delivery trust was implemented beginning in the second quarter of the current consolidated fiscal year, with 566,100 shares held in trust and a carrying amount of ¥117 million recognized. - FY2018First statedAnnual report
「For directors, the company will introduce a stock-based compensation plan under which part of the basic compensation previously paid in cash will be converted to stock-based compensation, with the aim of increasing their awareness of their contribution to improving medium- to long-term performance and enhancing corporate value. Company shares and other assets will be delivered to directors serving during the 3 fiscal years from the fiscal year ending March 2019 through the fiscal year ending March 2021.」
The company will introduce an executive stock delivery trust that converts part of directors' basic compensation into stock-based compensation. The covered period is 3 fiscal years, with a trust funding limit of ¥90 million and an annual points limit of 200,000 points.