Introducing a share-based compensation plan linked to share value
First written in FY2018. 9 of 21 entries say "Restated". Latest entry: 2026-05-22.
The whole theme swung hardest in 2024: 3 of 32 companies on the "Worse" side.
32 other companies' latest entry also says "Advanced".
- 2026-05-22AdvancedOccurring Fact
「By sharing the needs and knowledge accumulated by both companies in clinical settings, we expect to generate new development ideas and strengthen our capabilities in advanced product development, including collaboration with venture companies and others.」
The sharing of clinical needs and knowledge, together with product development involving collaboration with venture companies and others, became a specific post-integration initiative. - FY2026-H1Decline in shares held in the trustAnnual report
「In addition to the above, as of the end of the interim accounting period, 251,700 shares of the Company’s stock were recognized as treasury shares in the interim consolidated financial statements. This is because, for accounting purposes, the Company and the 251,700 shares held by the stock benefit trust for directors and executive officers are treated as a single entity, and those shares are therefore recorded as treasury shares.」
The Company continues to operate its share-based compensation plan through a stock benefit trust for directors and executive officers. The number of shares held in trust decreased from 255,100 shares in the previous disclosure to 251,700 shares. - FY2025-H1Increase in shares held by the trustAnnual report
「In addition to the above, the Company recognizes 255,100 Company shares as treasury shares in its interim consolidated financial statements as of the end of the interim accounting period. This is because, for accounting purposes, the Company and the directors' stock benefit trust are treated as a single entity with respect to the 255,100 Company shares held by the trust, and those shares are therefore recorded as treasury shares.」
The Company continues the arrangement under which shares held by the directors' stock benefit trust are recognized as treasury shares. The number of recognized shares changed from 192,900 in the previous disclosure to 255,100. - FY2024RestatedAnnual report
「Total number of shares scheduled to be delivered to directors: 192,900 shares」
The Company continues the directors' stock benefit trust and discloses that 192,900 shares are scheduled for delivery, generally upon retirement from office. - FY2024-Q2RestatedAnnual report
「In addition to the above, the Company recognizes 192,900 Company shares as treasury shares in its quarterly consolidated financial statements as of the end of the second-quarter accounting period. This is because, for accounting purposes, the Company and the directors' stock benefit trust are treated as a single entity with respect to the 192,900 Company shares held by the trust, and those shares are therefore recorded as treasury shares.」
The Company continues to disclose that the 192,900 shares held by the directors' stock benefit trust are recognized as treasury shares for accounting purposes. - FY2024-Q1Decline in shares held in the trustAnnual report
「In addition, 192,900 shares of our stock are recognized as treasury shares in the quarterly consolidated financial statements as of the end of the first quarter. This is because, for accounting purposes, the Company and the director benefit trust are regarded as a single entity with respect to the 192,900 shares of our stock held by the trust, and those shares are therefore recorded as treasury shares.」
The Company continues to recognize the shares held by the directors' stock benefit trust as treasury shares. The number of shares held by the trust decreased from 197,000 in the previous quarter to 192,900. - FY2023-Q3Decline in shares held in the trustAnnual report
「In addition, 197,000 shares of our stock are recognized as treasury shares in the quarterly consolidated financial statements as of the end of the third quarter. This is because, for accounting purposes, the Company and the director benefit trust are regarded as a single entity with respect to the 197,000 shares of our stock held by the trust, and those shares are therefore recorded as treasury shares.」
The Company continues to recognize the shares held by the directors' stock benefit trust as treasury shares. The number of shares held by the trust changed from 210,100 in the previous quarter to 197,000. - FY2023-Q2Decline in shares held in the trustAnnual report
「In addition, 210,100 shares of our stock are recognized as treasury shares in the quarterly consolidated financial statements. This is because, for accounting purposes, the Company and the director benefit trust are regarded as a single entity with respect to the 210,100 shares of our stock held by the trust, and those shares are therefore recorded as treasury shares.」
The Company continues to recognize for accounting purposes the shares held by the directors' stock benefit trust as treasury shares. The number of shares held by the trust changed from 217,400 in the previous quarter to 210,100. - FY2023-Q1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors adopted on 9 August 2022, the Company disposed of 110,000 treasury shares through a third-party allotment to the director stock delivery trust on 25 August 2022.」
The Company carried out a third-party allotment disposal of 110,000 treasury shares to the directors' stock delivery trust, moving the plan into a new implementation phase. As of the fiscal year-end, 217,400 shares held by the trust were recognized as treasury shares. - FY2022-Q3RestatedAnnual report
「In addition to the above, the Company recognizes 112,400 Company shares as treasury shares in its quarterly consolidated financial statements. This is because, for accounting purposes, the Company and the directors' stock benefit trust are treated as a single entity with respect to the 112,400 Company shares held by the trust, and those shares are therefore recorded as treasury shares.」
The Company continues to recognize the 112,400 shares held by the directors' stock benefit trust as treasury shares for accounting purposes. - FY2022-Q2RestatedAnnual report
「In addition to the above, the Company recognizes 112,400 Company shares as treasury shares in its quarterly consolidated financial statements. This is because, for accounting purposes, the Company and the directors' stock benefit trust are treated as a single entity with respect to the 112,400 Company shares held by the trust, and those shares are therefore recorded as treasury shares.」
The Company continues to disclose that the 112,400 shares held by the directors' stock benefit trust are recognized as treasury shares for accounting purposes. - FY2022-Q1Decrease in Shares Held in TrustAnnual report
「In addition to the above, the Company recognizes 112,400 Company shares as treasury shares in its consolidated financial statements as of the end of the first-quarter accounting period. This is because, for accounting purposes, the Company and the directors' stock benefit trust are treated as a single entity with respect to the 112,400 Company shares held by the trust, and those shares are therefore recorded as treasury shares.」
The Company continues to recognize for accounting purposes the shares held by the directors' stock benefit trust as treasury shares. The number of shares held by the trust changed from the previous 116,600 shares to 112,400 shares. - FY2020RestatedAnnual report
「Total number of shares scheduled to be delivered to directors: 116,600 shares」
The Company continues the stock-based compensation plan for directors and other officers and discloses that 116,600 shares are scheduled for delivery, generally upon retirement from office. - FY2020-Q3RestatedAnnual report
「In addition to the above, 116,600 shares of the company’s stock are recognized as treasury shares in the quarterly consolidated financial statements. This is because, for accounting purposes, the company and the stock delivery trust for directors and executive officers are regarded as a single entity with respect to the 116,600 shares held by the trust, and those shares are therefore recorded as treasury shares.」
The Company continues to disclose that the 116,600 shares held by the directors' stock benefit trust are recognized as treasury shares for accounting purposes. - FY2020-Q2RestatedAnnual report
「In addition to the above, the Company recognizes 116,600 Company shares as treasury shares in its quarterly consolidated financial statements.」
The Company continues to disclose that the 116,600 shares held by the directors' stock benefit trust are recognized as treasury shares for accounting purposes. - FY2020-Q1RestatedAnnual report
「In addition to the above, the Company recognizes 116,600 Company shares as treasury shares in its consolidated financial statements.」
The Company continues to disclose that the 116,600 shares held by the directors' stock benefit trust are recognized as treasury shares for accounting purposes. - FY2019AdvancedAnnual report
「Under the Plan, the trust purchases in a lump sum from the Company the number of Company shares expected to be delivered to the Directors and Other Officers in accordance with predetermined share-delivery rules, and delivers Company shares to the Directors and Other Officers based on their positions and length of service. In principle, the Directors and Other Officers receive the shares upon retirement from office.」
The stock-based compensation plan progressed from the approval and treasury share disposal stage to the plan operation and accounting stage, with the trust holding 116,600 shares with a carrying amount of ¥179.913 million. The directors' retirement bonus plan was abolished. - FY2019-Q3RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥179.913 million and 116,600 shares, respectively, as of the end of the cumulative third quarter of the current consolidated fiscal year.」
The Company continues to disclose that shares held by the trust in connection with the stock-based compensation plan comprise 116,600 shares with a carrying amount of ¥179.913 million. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 9 August 2018, the Company resolved to introduce a stock-based compensation plan (the "Plan") for the purpose of clarifying the linkage between the compensation of the Company's directors, excluding outside directors, and executive officers, as well as the directors and executive officers of its subsidiaries (collectively, the "Directors and Other Officers"), and the Company's shareholder value, and of heightening their awareness of contributing to improved medium- to long-term performance and increased corporate value by sharing with shareholders the benefits and risks arising from changes in the share price. The introduction of the Plan for the Company's directors was approved at the 69th annual general meeting of shareholders held on 20 September 2018. The carrying amount and number of the treasury shares were ¥179.913 million and 116,600 shares, respectively, as of the end of the cumulative second-quarter consolidated accounting period.」
Following resolutions by the Board of Directors and approval at the general meeting of shareholders, the stock-based compensation plan progressed to the stage where the trust held 116,600 shares with a carrying amount of ¥179.913 million. The directors' retirement bonus plan was also abolished, and the remaining balance was recorded as a long-term payable. - FY2019-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 31 October 2018, the Company resolved to dispose of treasury shares as stock-based compensation (the "Treasury Share Disposal"). Scheduled disposal date: 20 November 2018. Class and number of shares to be disposed of: 116,600 shares of the Company's common stock. Total disposal amount: ¥179,913,800.」
To introduce the stock-based compensation plan, the Board of Directors resolved to dispose of 116,600 treasury shares to a trust, moving the plan into the implementation phase with 20 November 2018 set as the scheduled date. - FY2018First statedAnnual report
「The purpose of this system is to clarify the linkage between directors’ compensation and the value of the company’s shares and, by having directors share with shareholders the gains and risks arising from fluctuations in the share price, heighten their awareness of contributing to improved performance over the medium to long term and increased corporate value.」
The Company abolished the directors' retirement bonus plan and introduced a stock-based compensation plan for directors and other officers. The covered period is approximately 3 years, the maximum amount of funds for acquiring shares is ¥150 million, and the maximum number of points awarded per fiscal year is 35,000.