Introduction of a Restricted Stock Compensation Plan
First written in FY2017. 9 of 10 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2021-Q1.
105 other companies' latest entry also says "Advanced".
- FY2021-Q1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors meeting held on 22 January 2021, new shares were issued as restricted stock compensation effective 10 February 2021. As a result, the number of shares increased by 22,700, bringing total issued shares to 125,863,400.」
The Company issued 22,700 new shares as restricted stock compensation, and payment was completed on 10 February 2021. The plan’s operating track record has continued to accumulate. - FY2020AdvancedAnnual report
「Payment was completed on 5 February 2020.」
The Company issued 25,500 common shares as restricted stock compensation, and payment was completed on 5 February 2020. - FY2020-Q2AdvancedAnnual report
「The Company resolved, at a meeting of its Board of Directors held on 14 January 2020, to issue new shares as restricted stock compensation (the “New Share Issuance”), and payment was completed on 5 February 2020.」
The Company issued 25,500 common shares as restricted stock compensation to 3 directors, 4 executive officers of the Company and 4 executive officers of subsidiaries, and payment was completed. - FY2020-Q1AdvancedAnnual report
「The Company resolved, at a meeting of its Board of Directors held on 14 January 2020, to issue new shares as restricted stock compensation (the “New Share Issuance”), and payment was completed on 5 February 2020.」
The Company issued 25,500 common shares as restricted stock compensation, and payment was completed on 5 February 2020. - FY2019AdvancedAnnual report
「The increase of 106,000 issued common shares resulted from an increase of 88,800 shares through the exercise of stock options and 17,200 shares through the grant of restricted stock compensation.」
Under the restricted stock compensation plan, 17,200 shares were granted during the fiscal year, adding to the plan’s operating track record. - FY2019-Q3AdvancedAnnual report
「The increase resulted from the issuance of new shares as restricted stock compensation.」
The Company issued 8,100 new shares as restricted stock compensation, increasing both stated capital and capital surplus by ¥16 million. Additional operating results for the plan have been recorded. - FY2019-Q2AdvancedAnnual report
「The Company resolved, at a meeting of its Board of Directors held on 15 March 2019, to issue new shares as restricted stock compensation (the “New Share Issuance”), and payment was completed on 5 April 2019.」
The Company issued 8,100 common shares to 7 executive officers of the Company and its subsidiaries as restricted stock compensation, and payment was completed on 5 April 2019. - FY2019-Q1AdvancedAnnual report
「The Company resolved, at a meeting of its Board of Directors held on 18 January 2019, to issue new shares as restricted stock compensation (the “New Share Issuance”), and payment was completed on 14 February 2019.」
The Company issued 9,100 common shares to 3 directors as restricted stock compensation, and payment was completed on 14 February 2019. - FY2018-Q1AdvancedAnnual report
「At a meeting of the Company's Board of Directors held on 15 January 2018, the Company resolved to issue new shares as restricted stock compensation (the “New Share Issue”), and payment was completed on 14 February 2018.」
Under the restricted stock compensation plan, payment for 9,300 new shares was completed on 14 February 2018. The plan design has also been confirmed: an annual limit of ¥200 million, an annual limit of 70,000 shares, and a transfer restriction period of 3 to 5 years. - FY2017First statedAnnual report
「The Company will provide its directors, excluding outside directors, with monetary compensation claims of up to ¥200 million per year as compensation for restricted stock. Each director will receive an allotment of restricted stock by contributing the full amount of those monetary compensation claims in kind.」
The system was introduced to align directors with shareholders in sharing the benefits and risks of share price fluctuations and to increase their motivation to contribute to enhancing corporate value. The terms specify annual compensation of ¥200 million, an annual limit of 70,000 shares, and a restricted transfer period of 3 to 5 years.