Ordinary profit targets linked to stock acquisition rights (¥900 million and ¥1,000 million)
First written in FY2018-Q3. 1 of 14 entries say "Reframed", first in FY2022-Q1. Latest entry: FY2026.
26 other companies' latest entry also says "Other".
- FY2026Update to the number of outstanding stock optionsAnnual report
「The stock options outstanding during the fiscal year ending February 2026 are covered, and the number of stock options is stated on a share-equivalent basis. Balance at the end of the previous fiscal year: 8,600 shares; lapsed: 300 shares; unexercised balance: 8,300 shares.」
During the year, rights covering 300 shares under the seventh series of stock options lapsed, leaving 8,300 shares unexercised. The exercise period runs through 8 July 2026. - FY2025Update to the number of outstanding stock optionsAnnual report
「Number of stock options (units): 86 Class, description and number of shares underlying the stock options (shares): common shares, 8,600 Exercise period: from 1 June 2022 to 8 July 2026」
For the seventh series of stock options established in 2021, the outstanding unexercised balance and exercise period have been updated to reflect the lapse of rights covering 800 shares. The unexercised balance is 8,600 shares. - FY2024Update to the stock-option exercise-condition determinationAnnual report
「Decrease in stock options Lapsed because exercise conditions were not met: 51,300 shares Decrease due to exercise: 10,800 shares」
For the seventh series of stock options, the disclosure states that 51,300 shares lapsed because the exercise conditions were not met and that rights covering 10,800 shares were exercised. - FY2023Update to target progressAnnual report
「Ordinary profit was ¥1,053 million, down 28.7% year on year.」
Ordinary profit for the fiscal year ended February 2023 was ¥1,053 million. Because the stock-option determination requires the effects of share-based compensation expense and subsidies related to COVID-19 to be excluded, this was treated as an update to full-year results without concluding that the ¥1,000 million and ¥1,100 million conditions had been met. - FY2023-Q2Update to target progressAnnual report
「As a result, for the six months ended the second quarter, the Group reported revenue of ¥1,614 million, up 9.0% year on year, operating profit of ¥564 million, up 51.1%, ordinary profit of ¥697 million, up 0.1%, and profit attributable to owners of the parent of ¥338 million, up 13.1%.」
Ordinary profit for the six months ended August in the fiscal year ending February 2023 was ¥697 million. This was an interim result against the established ¥1,000 million and ¥1,100 million ordinary-profit levels for the fiscal year ending February 2023, and achievement of the targets was not expressly stated. - FY2022Update to target progressAnnual report
「The company recorded ordinary profit of ¥1,476 million and net income attributable to owners of the parent of ¥773 million.」
Ordinary profit for the fiscal year ended February 2022 was ¥1,476 million. Because the stock-option determination excludes items such as subsidy income, this was treated as an update to full-year results rather than an explicit statement by the company that the conditions had been met. - FY2022-Q3Update to target progressAnnual report
「Ordinary profit was ¥1,139 million.」
Against the ¥800 million ordinary-profit target for the fiscal year ending February 2022, ordinary profit for the nine months was ¥1,139 million. However, based solely on this disclosure, the company does not expressly state that the full-year target was achieved. - FY2022-Q2Update to target progressAnnual report
「As a result, revenue for the six months ended the second quarter was ¥1,477.9 million and operating profit was ¥373 million, representing higher revenue and a substantial increase in operating profit. In addition, income from municipal cooperation subsidies to prevent the spread of COVID-19 in the food-service business contributed to ordinary profit of ¥696 million and profit attributable to owners of the parent of ¥299 million.」
Against the ¥800 million ordinary-profit target for the fiscal year ending February 2022, ordinary profit for the six months was ¥696 million. This is the actual progress as of the first half, and the disclosure does not state that the full-year target was achieved. - FY2022-Q1ReframedAnnual report
「① A stock option holder may exercise the stock options allocated to that holder, up to the percentage specified in each of the following items (the “exercisable percentage”), from the first day of the month following the date on which the securities report for the fiscal year in which the relevant ordinary-profit level was first achieved is filed, if ordinary profit stated in the Company’s securities report meets the following conditions: (a) if ordinary profit for the fiscal year ending February 2022 reaches ¥800 million: exercisable percentage, 30%; (b) if ordinary profit for the fiscal year ending February 2023 reaches ¥1,000 million: exercisable percentage, 60%; (c) if ordinary profit for the fiscal year ending February 2023 reaches ¥1,100 million: exercisable percentage, 100%.」
For the seventh series of stock options, ordinary-profit levels of ¥800 million for the fiscal year ending February 2022 and ¥1,000 million and ¥1,100 million for the fiscal year ending February 2023, with exercisable percentages of 30%, 60% and 100%, respectively, were newly established. The combinations of target fiscal years and profit levels were changed from the previous ¥900 million and ¥1,000 million conditions. - FY2020Failure to meet the fiscal year ending March 2020 target confirmedAnnual report
「Ordinary profit was ¥808 million, up 1.2% year on year.」
Ordinary profit for the fiscal year ended March 2020 was ¥808 million, below the ¥900 million and ¥1,000 million thresholds for exercising the stock options. - FY2020-Q4Update to target progressAnnual report
「Ordinary profit was ¥691 million, up 12.0% year on year.」
Ordinary profit for the nine months ended December was ¥691.009 million, updating the actual progress for the period toward the previously established ¥900 million and ¥1,000 million ordinary-profit targets for the fiscal year ending March 2020. - FY2020-Q3Update to target progressAnnual report
「As a result, for the six months ended the second quarter, the Group reported revenue of ¥1,477.9 million, up 4.2% year on year, operating profit of ¥511 million, up 10.6%, ordinary profit of ¥510 million, up 18.9%, and profit attributable to owners of the parent of ¥222 million, up 57.1%.」
Ordinary profit for the six months ended September was ¥510.704 million. The actual progress figure for the period toward the previously established ¥900 million and ¥1,000 million ordinary-profit targets for the fiscal year ending March 2020 has been updated. - FY2019Update to target progressAnnual report
「As a result, the Group’s performance for the fiscal year ended March 2019 was revenue of ¥29,164 million, up 3.5% year on year, operating profit of ¥834 million, up 8.2%, and ordinary profit of ¥798 million, up 7.4%.」
Ordinary profit for the fiscal year ended March 2019 was ¥798 million, below the ¥900 million target set for that fiscal year. The ¥900 million and ¥1,000 million conditions for the fiscal year ending March 2020 continued to be disclosed. - FY2018-Q3First statedAnnual report
「(a) If ordinary profit for the fiscal year ended March 2019 reached ¥900 million: exercisable percentage, 30%; (b) if ordinary profit for the fiscal year ending March 2020 reached ¥900 million: exercisable percentage, 60%; (c) if ordinary profit for the fiscal year ending March 2020 reached ¥1,000 million: exercisable percentage, 100%」
As exercise conditions for the stock options, exercisable percentages were established for cases in which ordinary profit reached ¥900 million in the fiscal year ended March 2019, or ¥900 million or ¥1,000 million in the fiscal year ending March 2020.