ESOP Trust for Granting Shares to Executive Employees
First written in FY2022. 4 of 8 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2027-H1.
76 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「During the interim consolidated accounting period, the company operated a performance-linked share-based remuneration plan for directors, an incentive plan for executive employees, and an incentive plan for employees being considered for executive positions. The number of the company's shares held by the Officer Compensation BIP Trust Account and the Share Granting ESOP Trust Account, which are recorded as treasury shares under shareholders' equity, is included in treasury shares deducted when calculating the average number of shares outstanding during the period for the purpose of calculating interim net earnings per share. (During the interim consolidated accounting period: 380 thousand shares held by the Officer Compensation BIP Trust Account and 4,622 thousand shares held by the Share Granting ESOP Trust Account)」
The number of shares held by the Share Granting ESOP Trust Account increased from 4,458 thousand shares in the same period of the previous year to 4,622 thousand shares. The operating status of the plan was presented in terms of specific share numbers. - FY2026AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥2,767 million and 2,605 thousand shares, respectively, for the previous consolidated fiscal year, and ¥2,826 million and 2,636 thousand shares, respectively, for the current consolidated fiscal year.」
The shares held by the ESOP trust for share grants to executive employees increased from 2,605 thousand shares to 2,636 thousand shares. The number of shares scheduled for acquisition under the plan was 2,671,800. - FY2025-H1RestatedAnnual report
「For the cumulative interim period of the current consolidated fiscal year, we have introduced a “performance-linked share-based compensation plan for directors,” an “incentive plan for senior employees,” an “incentive plan for employees identified as potential senior employees,” and an “employee stock ownership ESOP trust.” The number of Company shares held by the “executive compensation BIP trust account,” “share grant ESOP trust account,” and “employee stock ownership ESOP trust account,” which are recorded as treasury shares under shareholders’ equity, is included in treasury shares deducted in calculating the average number of shares outstanding during the period for purposes of calculating “interim net income per share.” (Interim period of the current consolidated fiscal year: 388 thousand shares in the executive compensation BIP trust account, 4,479 thousand shares in the share grant ESOP trust account, and 79 thousand shares in the employee stock ownership ESOP trust account)」
The operating status of each share incentive plan, including the ESOP trust for share grants to executive employees, was reconfirmed. - FY2024RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥2,788 million and 2,625 thousand shares, respectively, for the previous consolidated fiscal year, and ¥2,786 million and 2,623 thousand shares, respectively, for the current consolidated fiscal year.」
The year-end holdings and carrying amount of the ESOP trust for share grants to executive employees were reconfirmed as 2,623 thousand shares and ¥2,786 million, respectively. - FY2023RestatedAnnual report
「The Company's shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥2,788 million and 2,625 thousand shares, respectively, for the current consolidated fiscal year.」
The holding and administration status of the ESOP trust for share grants to executive employees was reconfirmed: 2,625 thousand shares with a carrying amount of ¥2,788 million. - FY2023-Q2AdvancedAnnual report
「In accordance with the resolution of the Board of Directors held on the same day, shares for grants under the incentive plan for executive employees were acquired in the market during the current cumulative second quarter. As a result, treasury shares increased by ¥2,788 million during the current cumulative second quarter.」
Shares for grants under the incentive plan for executive employees were acquired in the market, and the cumulative increase in treasury shares for the second quarter was ¥2,788 million. - FY2023-Q1AdvancedAnnual report
「In accordance with the resolution of the Board of Directors held on the same day, shares for grants under the incentive plan for executive employees were acquired in the market during the current cumulative first quarter. As a result, treasury shares increased by ¥2,502 million during the current cumulative first quarter.」
Shares for grants under the incentive plan for executive employees were acquired in the market, and the implementation status was disclosed as an increase of ¥2,502 million in treasury shares. - FY2022First statedAnnual report
「At a meeting of the Board of Directors held on 12 April 2022, we resolved to introduce a new incentive plan for executive employees of the Group, with the aim of enhancing employee benefits and increasing corporate value over the medium to long term.」
An ESOP trust was introduced for executive employees, under which shares and other awards are granted based on the degree of achievement of performance targets and other criteria. The trust period was set from 15 April 2022 to 30 June 2032, the trust funding limit at ¥2,796 million, and the share acquisition period from 19 April to 29 July 2022.