Introduction of a Restricted Stock Compensation Plan
First written in FY2018. 8 of 18 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2027-H1.
22 other companies' latest entry also says "Achieved".
- FY2027-H1AchievedAnnual report
「15 July 2026 (Note) 25,700 3,706,650 12,104 78,997 12,104 321,584 (Note) The increase resulted from the issuance of new shares as restricted stock compensation. Issue price ¥942 Amount credited to capital ¥471 Allottees Directors of the company (*) 4 Employees of the company 97」
As restricted stock compensation, the company issued 25,700 new shares on 15 July 2026 to 4 directors and 97 employees. - FY2026AchievedAnnual report
「The increase resulted from the issuance of new shares as restricted stock compensation effective 15 July 2025. Issue price: ¥962; amount transferred to capital: ¥481; allottees: 93 company employees.」
Under the restricted stock compensation plan, 16,900 new shares were issued to 93 employees effective 15 July 2025. - 2026-05-01AdvancedGeneral Meetings of Shareholders
「By having the eligible directors hold the restricted shares until their retirement, we aim to further increase their motivation to contribute to the sustained enhancement of the company’s corporate value and enable value sharing with shareholders for as long as reasonably possible. Accordingly, we propose changing the period to “from the date on which the shares are allotted under the restricted share allotment agreement until immediately after the eligible person retires from the position of director of the company, excluding directors who are Audit and Supervisory Committee members.”」
The company has proposed changing the restricted period from a method based on a period of up to 3 years to a period ending immediately after the director’s retirement. - FY2025-H1AchievedAnnual report
「16 July 2024 (Note) The increase resulted from the issuance of new shares as restricted stock compensation. Issue price ¥815 Amount transferred to capital ¥407.5 Allottees 4 company directors (Note) 95 company employees」
On 16 July 2024, the company issued 23,950 new shares as restricted stock compensation to 4 directors and 95 employees. - FY2025-Q1AdvancedAnnual report
「The company resolved at a Board of Directors meeting held on 15 June 2024 to issue new shares as restricted stock compensation (the "New Share Issuance"), with payment scheduled for completion on 16 July 2024." Company directors (Note 1) 4 people 5,000 shares Company employees (Note 2) 95 people 18,950 shares The company decided to grant 23,950 common shares. To achieve the plan's purpose of sharing shareholder value over the medium to long term, the transfer restriction period is 5 years for grants to eligible directors, while the design for grants to eligible employees has been amended to combine a 5-year restriction with a restriction lasting until retirement.」
Under the restricted stock compensation plan, the company resolved to issue 23,950 shares to 4 directors and 95 employees, with a transfer restriction design combining a 5-year restriction for directors and 5-year and retirement-related restrictions for employees. - FY2024-Q1AdvancedAnnual report
「The company resolved at a Board of Directors meeting held on 15 June 2023 to issue new shares as restricted stock compensation (the "New Share Issuance"), and payment was completed on 14 July 2023." Company directors (Note 1) 4 people 2,800 shares Company employees (Note 2) 92 people 14,700 shares The company decided to grant 17,500 common shares. To achieve the plan's purpose of sharing shareholder value over the medium to long term, the design was amended so that the transfer restriction period is 5 years for grants to eligible directors, while grants to eligible employees are subject to both a 5-year restriction and a restriction lasting until retirement.」
Under the restricted stock compensation plan, 17,500 shares were issued to 4 directors and 92 employees, and payment was completed. For eligible employees, the design has been amended to combine a 5-year transfer restriction with a restriction lasting until retirement. - FY2023RaisedAnnual report
「At the 24th Annual General Meeting of Shareholders held on 25 May 2023, Proposal No. 2 was submitted for deliberation concerning the above restricted stock compensation, with annual caps of ¥22.5 million and 15,000 common shares, excluding the employee salary component for directors who also serve as employees.」
A proposal has been submitted to expand the restricted stock compensation limits from the previous annual caps of ¥5 million and 5,000 shares to ¥22.5 million and 15,000 shares. - FY2023-Q1AdvancedAnnual report
「The company resolved at a Board of Directors meeting held on 15 June 2022 to issue new shares as restricted stock compensation (the "New Share Issuance"), and payment was completed on 14 July 2022." Company directors (Note 1) 4 people 4,500 shares Company employees (Note 2) 79 people 18,600 shares The company decided to grant 23,100 common shares. To achieve the plan's purpose of sharing shareholder value over the medium to long term, the transfer restriction period for this grant has been set at 5 years.」
Under the restricted stock compensation plan, 23,100 shares were issued to 4 directors and 79 employees, with a 5-year transfer restriction period. - FY2022RestatedAnnual report
「Compensation for directors, excluding directors who are Audit and Supervisory Committee members, consists of base compensation (annual salary) and restricted stock compensation, with each determined within the overall limits approved at the shareholders' meeting. The ratio of base compensation to restricted stock compensation is 95:5. A mandatory condition for consideration, however, is that ordinary income for the previous fiscal year must be at least 100% of the prior-year level.」
The company continues to operate the restricted stock compensation plan with a 95:5 ratio to base compensation and prior-year ordinary income at least equal to the previous year's level as conditions for consideration. - FY2022-Q2AchievedAnnual report
「14 July 2021 (Note) 1 19,100 1,790,900 6,217 342,587 6,217 272,587 (Note) 1. The increase resulted from the issuance of new shares as restricted stock compensation. Issue price ¥651 Amount transferred to capital ¥325.5 Allottees 4 company directors 66 company employees」
On 14 July 2021, the company issued 19,100 new shares as restricted stock compensation, allotted to 4 directors and 66 employees. - FY2022-Q1AdvancedAnnual report
「In this instance, after taking into account the purpose of the plan, the company's business performance, the scope of responsibilities of each eligible director and other relevant circumstances, the company decided to grant total monetary compensation claims and monetary claims of ¥12,434,100 (the "Monetary Compensation Claims") and 19,100 common shares, with the aim of further motivating each eligible director and other eligible person. To achieve the plan's purpose of sharing shareholder value over the medium to long term, the transfer restriction period for this grant has been set at 5 years.」
Under the restricted stock compensation plan, a total of 19,100 shares were granted to directors and employees, with a 5-year transfer restriction period for this issuance. - FY2021AdvancedAnnual report
「Compensation for directors, excluding directors who are Audit and Supervisory Committee members, consists of base compensation (annual salary) and restricted stock compensation, with each determined within the overall limits approved at the shareholders' meeting. The ratio of base compensation to restricted stock compensation is 95:5. A mandatory condition for consideration, however, is that ordinary income for the previous fiscal year must be at least 100% of the prior-year level.」
The company has specified the operation of the restricted stock compensation plan, setting the approximate ratio to base compensation at 95:5 and making prior-year ordinary income at least equal to the previous year's level a mandatory condition for considering the payment. - FY2020-Q1Acquisition of treasury shares following lapse of rightsAnnual report
「These shares were acquired without consideration following the lapse of rights under the restricted stock compensation plan.」
The disclosure states that 800 shares were acquired without consideration as treasury shares following the lapse of rights in connection with the restricted stock compensation plan. - FY2019-Q2AchievedAnnual report
「As 15,800 new shares were issued as restricted stock compensation effective 13 July 2018, the total number of issued shares has increased.」
With respect to the restricted stock compensation plan, 15,800 new shares were issued effective 13 July 2018, bringing the plan into implementation following the resolution. - FY2019-Q1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors held on 15 June 2018, the company issued 15,800 new shares as restricted stock compensation, effective 13 July 2018.」
With respect to the restricted stock compensation plan, the issuance of 15,800 new shares was approved by the Board of Directors, and implementation of the plan has begun. - FY2018First statedAnnual report
「At the 19th Annual General Meeting of Shareholders held on 25 May 2018, a resolution was passed to introduce a restricted stock compensation plan for the company's directors, excluding outside directors, in order to provide them with an incentive to achieve sustained growth in corporate value and further share value with shareholders. Separate from the existing compensation and other benefits for directors, the restricted stock compensation is capped at ¥5 million per year and 5,000 common shares per year, excluding the employee salary component for directors who also serve as employees.」
Following the resolution at the 25 May 2018 shareholders' meeting, the company introduced a restricted stock compensation plan aimed at increasing corporate value and sharing value with shareholders, setting annual caps of ¥5 million and 5,000 shares.