Incentives for Officers and Employees Through Performance-Target-Linked Stock Acquisition Rights
First written in FY2017-Q2. 9 of 15 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026.
29 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Exercise － 152,500 Lapse － － Balance of unexercised rights 6,700 169,900」
Of the third series of performance-linked stock acquisition rights, 152,500 shares’ worth were exercised, leaving 169,900 shares’ worth of unexercised rights. - FY2026-H1AdvancedAnnual report
「During the current interim accounting period, we disposed of 136,000 shares of treasury stock in connection with the exercise of the Series 3 performance-target-linked stock acquisition rights.」
The Series 3 performance-target-linked stock acquisition rights have progressed from the vested but unexercised stage to the exercise of rights covering 136,000 shares and the disposal of treasury stock. - FY2025AdvancedAnnual report
「Exercise － 221,000 Forfeiture － 3,000 Outstanding and unexercised 6,700 322,400」
Of the Series 3 performance-target-linked stock options, rights covering 221,000 shares were exercised, rights covering 3,000 shares were forfeited, and 322,400 shares remained outstanding and unexercised. - FY2025-H1AdvancedAnnual report
「In addition, treasury stock decreased by ¥154.166 million as a result of the exercise of stock acquisition rights, leaving treasury stock of ¥816.874 million at the end of the current interim accounting period.」
The disclosure states that treasury stock decreased by ¥154.166 million as a result of the exercise of stock acquisition rights, indicating that the stock acquisition rights, including the performance-target-linked rights, have progressed to the exercise stage. - FY2024AdvancedAnnual report
「After vesting (Shares) End of previous fiscal year 6,700 － 549,500 Vesting － 549,500 Exercise － － Forfeiture － 27,900 Outstanding and unexercised 6,700 546,700」
Of the Series 3 performance-target-linked stock options, rights covering 549,500 shares vested, rights covering 27,900 shares were forfeited, and 546,700 shares remained outstanding and unexercised. - FY2023AdvancedAnnual report
「Performance-target-linked stock option, Series 3 Stock Acquisition Rights Granted 600,000 Forfeited 50,500 Vested 549,500」
Of the Series 3 performance-target-linked stock acquisition rights issued in July 2022, rights covering 600,000 shares were granted, rights covering 50,500 shares were forfeited, and rights covering 549,500 shares vested. - FY2022ReframedAnnual report
「At a meeting of the Company's Board of Directors held on 23 June 2022, the Company resolved, pursuant to Articles 236, 238 and 240 of the Companies Act, to issue Stock Acquisition Rights as paid stock options to the Company's directors and employees. Payment was completed on 8 July 2022.」
Separately from the forfeited and extinguished performance target-linked Second Series Stock Acquisition Rights, the Company issued Third Series Stock Acquisition Rights to directors and employees. The issue comprised 6,000 rights covering 600,000 underlying shares, with an exercise period from 1 October 2024 to 7 July 2027. - FY2021DroppedAnnual report
「All of the performance target-linked Second Series Stock Acquisition Rights were forfeited and extinguished as of 10 August 2021.」
All of the performance target-linked Second Series Stock Acquisition Rights, whose exercise conditions were ordinary profit of ¥3 billion or ¥5 billion, were forfeited and extinguished as of 10 August 2021. - FY2019RestatedAnnual report
「(i) The Company's ordinary profit for the fiscal year ending June 2019 exceeds ¥3 billion; (ii) the Company's ordinary profit for the fiscal year ending June 2021 exceeds ¥5 billion.」
The performance target-linked Second Series Stock Acquisition Rights had conditions of ordinary profit exceeding ¥3 billion for the fiscal year ending June 2019 or ¥5 billion for the fiscal year ending June 2021; this structure is reconfirmed here. - FY2018RestatedAnnual report
「(i) The Company's ordinary profit for the fiscal year ending June 2019 exceeds ¥3 billion; (ii) the Company's ordinary profit for the fiscal year ending June 2021 exceeds ¥5 billion.」
The exercise conditions for the performance target-linked Second Series Stock Acquisition Rights were ordinary profit exceeding ¥3 billion for the fiscal year ending June 2019 or ¥5 billion for the fiscal year ending June 2021; this structure is reconfirmed here. - FY2018-Q1AdvancedAnnual report
「The stock acquisition rights issued during the first quarter accounting period were as follows.」
Based on the resolution of 17 August 2017, the Company issued 124 Stock Acquisition Rights covering 12,400 underlying shares. The exercise period runs from 1 September 2017 to 31 August 2069, adding an incentive instrument for directors, executive officers and employees. - FY2017RestatedAnnual report
「(i) The Company's ordinary profit for the fiscal year ending June 2019 exceeds ¥3 billion; (ii) the Company's ordinary profit for the fiscal year ending June 2021 exceeds ¥5 billion.」
The exercise conditions for the performance target-linked Second Series Stock Acquisition Rights were ordinary profit exceeding ¥3 billion for the fiscal year ending June 2019 or ¥5 billion for the fiscal year ending June 2021; this structure is restated here. - FY2017-Q2First statedAnnual report
「Holders of the Stock Acquisition Rights may exercise these Stock Acquisition Rights only if ordinary profit in the income statement stated in the Annual Securities Report, or the consolidated income statement where consolidated income statements are prepared, meets either of the following conditions: (a) the Company's ordinary profit for the fiscal year ending June 2019 exceeds ¥3 billion; or (b) the Company's ordinary profit for the fiscal year ending June 2021 exceeds ¥5 billion.」
For the 17,251 performance target-linked Second Series Stock Acquisition Rights approved on 21 September 2016, covering 1,725,100 underlying shares, the exercise conditions were ordinary profit exceeding ¥3 billion for the fiscal year ending June 2019 or ¥5 billion for the fiscal year ending June 2021. The Company also issued standard and tax-qualified stock acquisition rights.