Incentives to improve performance and enhance corporate value through an employee stock delivery trust
First written in FY2017-Q3. 5 of 10 entries say "Restated". Latest entry: FY2025-H1.
5 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「The stock delivery trust for directors and executive officers ended on 30 August 2024.」
The termination of the stock delivery trust for directors and executive officers has been confirmed, and the transition from the former trust-based stock delivery scheme to a restricted stock compensation scheme is progressing. - FY2023Continued decline in shares remaining in the trustAnnual report
「The carrying amount and number of shares of the treasury stock concerned were ¥36 million and 16,142 shares at the end of the previous consolidated fiscal year, and ¥28 million and 9,229 shares at the end of the current consolidated fiscal year, respectively.」
The employee stock delivery trust has ended, and the remaining shares in the stock delivery trust for directors and executive officers declined to 9,229. - FY2022Decline in Shares Remaining in the TrustAnnual report
「The carrying amount and number of shares of the treasury stock concerned were ¥72 million and 31,942 shares at the end of the previous consolidated fiscal year, and ¥36 million and 16,142 shares at the end of the current consolidated fiscal year, respectively.」
The employee stock delivery trust has ended, while the remaining shares in the stock delivery trust for directors and executive officers totaled 16,142, with a carrying amount of ¥36 million. - FY2020AchievedAnnual report
「The scheme was terminated during the current consolidated fiscal year.」
The employee stock delivery trust scheme introduced in 2016 ended during the current consolidated fiscal year, leaving no shares remaining in the trust. - FY2020-Q2RestatedAnnual report
「In addition, during the current second-quarter cumulative consolidated period, the weighted-average number of shares held in the employee stock delivery trust was 22,289 (30,000 in the same period of the previous fiscal year), while the weighted-average number of shares held in the stock delivery trust for directors and executive officers was 22,474 (28,382 in the same period of the previous fiscal year).」
The company has disclosed the operating status of the employee stock delivery trust and the weighted-average number of shares held during the period. No material changes to the purpose or structure of the scheme have been indicated. - FY2019RestatedAnnual report
「The carrying amount and number of shares of the treasury stock concerned are ¥58 million and 30,000 shares, respectively.」
The company has disclosed 30,000 remaining shares and a carrying amount of ¥58 million for the employee stock delivery trust, with no material changes to the purpose or structure of the scheme indicated. - FY2019-Q3RestatedAnnual report
「“Fully voting-rights shares (Other)” includes 30,000 of the Company’s shares, with 300 voting rights, remaining in the Employee Stock Delivery Trust and recorded as treasury shares under shareholders’ equity, as well as 25,400 of the Company’s shares, with 254 voting rights, remaining in the Executive Stock Delivery Trust.」
The operating status of the scheme, including the 30,000 remaining shares held in the employee stock delivery trust, is being reviewed. No material changes to the purpose or structure of the scheme have been indicated. - FY2018RestatedAnnual report
「Based on a resolution of the Board of Directors meeting held on 15 July 2016, the Company introduced the employee incentive plan, the Employee Stock Delivery Trust, with the aim of further promoting efforts to improve performance by raising employees’ awareness of the Company’s performance and the value of its shares, and enhancing the Company’s medium- to long-term corporate value.」
The annual report also confirms the structure and purpose of the Employee Stock Delivery Trust. - FY2017RestatedAnnual report
「Based on a resolution of the Board of Directors meeting held on 15 July 2016, the Company introduced an employee incentive plan, the Employee Stock Delivery Trust (the “Plan”), with the aim of further promoting efforts to improve performance by raising employees’ awareness of the Company’s performance and the value of its shares, and enhancing the Company’s medium- to long-term corporate value.」
The annual report also confirms the introduction and purpose of the Employee Stock Delivery Trust, with 30,000 of the Company’s shares remaining in the trust. - FY2017-Q3First statedAnnual report
「Based on a resolution of the Board of Directors meeting held on 15 July 2016, the Company introduced an employee incentive plan, the Employee Stock Delivery Trust (the “Plan”), with the aim of further promoting efforts to improve performance by raising employees’ awareness of the Company’s performance and the value of its shares, and enhancing the Company’s medium- to long-term corporate value. The Plan is an incentive plan under which a trust (the “Trust”) is established using funds contributed by the Company, the Trust acquires the Company’s common shares (the “Company Shares”), and the Company Shares are delivered through the Trust to eligible employees in accordance with the employee stock delivery rules established by the Board of Directors, based on factors including each employee’s contribution to performance.」
The Company introduced a trust-based plan under which shares are delivered according to employees’ contributions to performance and other factors, with the aim of raising their awareness of the Company’s performance and share value. It disclosed that 30,000 of the Company’s shares remained in the trust, with a carrying amount of ¥58 million.