Introduction of a Stock Compensation Plan for Directors and Executive Officers
First written in FY2019. 3 of 6 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-04-10.
15 other companies' latest entry also says "Advanced".
- 2026-04-10AdvancedShare Issuance and Disposal
「Based on a resolution of the Board of Directors dated 26 March 2026, we hereby announce that the previously undecided matters concerning the issuance of paid stock acquisition rights to the Company's directors and employees have been finalized, as set out below.」
For the paid stock options for directors and employees, the eligible allottees, allocation amounts, total number of stock acquisition rights and number of underlying shares have been finalized, clarifying the specific implementation of the share-based compensation program. - FY2021RestatedAnnual report
「Under this share-based compensation plan, the trust uses funds contributed by the Company to acquire the Company's shares and delivers them to Directors, etc. in accordance with the number of points granted under the share delivery rules established by the Company.」
The structure of the share-based compensation plan for directors and executive officers is restated. - FY2020RestatedAnnual report
「The purpose of this plan is to clarify the link between directors' compensation and the value of the Company's shares, and to encourage directors to share with shareholders the benefits and risks arising from share price movements, thereby contributing to improved medium- to long-term performance and increased corporate value.」
The purpose and operation of the share-based compensation plan for directors and executive officers are restated. - FY2020-Q2AdvancedAnnual report
「Beginning with the second quarter of the consolidated fiscal year, we have introduced a share-based compensation plan for the Company's directors, excluding outside directors, and executive officers (collectively, “Directors, etc.”).」
A share-based compensation plan for directors and executive officers was introduced from the second quarter of the consolidated fiscal year, and 410,400 shares acquired by the trust, with a carrying amount of ¥739 million, were recorded. - FY2020-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 25 July 2019, the Company resolved to dispose of treasury shares as share-based compensation (the “Treasury Share Disposal”), as follows: disposal date, 13 August 2019 (Tuesday); class and number of shares, 410,400 common shares of the Company; total disposal amount, ¥739,951,200; disposal method, third-party allotment.」
In connection with the introduction of a share-based compensation plan for directors and executive officers, the Company resolved on 25 July 2019 to make a third-party allotment of 410,400 treasury shares, totaling ¥739,951,200, to the trust, moving the plan into the implementation stage. - FY2019First statedAnnual report
「The purpose of this plan is to clarify the link between directors' compensation and the value of our shares and to heighten directors' awareness of contributing to improved performance over the medium to long term and increased corporate value by having them share with shareholders the benefits and risks arising from fluctuations in the share price. Share-based compensation under this plan will be provided to directors serving during the 10 fiscal years from the fiscal year ending 31 March 2020 through the fiscal year ending 31 March 2029. During the covered period, we will contribute funds totaling no more than ¥580 million to acquire the Company's shares needed for the trust to deliver shares to directors under the plan. The total number of points granted to directors will be capped at 97,000 points per fiscal year.」
The Company has introduced a share delivery trust to strengthen the link between directors' compensation and the share price. The plan covers 10 fiscal years, with a contribution cap of ¥580 million and an annual grant cap of 97,000 points. A similar plan will also be introduced separately for executive officers.