Introducing a Share-Based Compensation Plan
First written in FY2021. 5 of 12 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2026-H1.
75 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 April 2026, the company resolved to make an additional contribution to continue the plan and disposed of treasury shares through a third-party allotment on 30 April 2026.」
For the employee stock delivery trust, the company resolved to make an additional contribution to continue the plan and disposed of treasury shares through a third-party allotment. Shares remaining in the trust increased from 154,600 to 513,600. - 2026-04-14AdvancedShare Issuance and Disposal
「This disposal of treasury shares will be conducted through a third-party allotment to Custody Bank of Japan, Ltd. (Trust Account), the re-trustee of Resona Bank, Limited, the trustee of the trust, in order to continue the scheme.」
For the employee stock delivery trust, the company resolved to make an additional contribution and dispose of treasury shares to acquire 400,000 shares in order to continue the scheme. - FY2025RaisedAnnual report
「Even after the initial covered period has ended, until the plan is terminated, the company will make additional contributions to the trust for each covered period, subject to limits of ¥189 million for directors, excluding directors who are Audit and Supervisory Committee members and outside directors, and ¥6 million for delegated executive officers (revised 10 February 2025).」
For the stock compensation trust for delegated executive officers, the company raised the limit for each covered period from ¥2 million to ¥6 million and changed the limit on shares acquired to 2,880 shares. The shares remaining in the trusts were 86,770 for directors and officers and 154,600 for employees. - FY2025-H1Decrease in shares remaining in the stock delivery trustAnnual report
「The company records the shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding incidental expenses. The carrying value and number of these treasury shares were ¥119.001 million and 103,570 shares, respectively, at the end of the previous consolidated fiscal year, and ¥100.847 million and 87,770 shares, respectively, at the end of the current interim consolidated accounting period.」
The shares remaining in the stock delivery trust for directors and officers decreased from 103,570 shares to 87,770 shares, and the company has updated the trust's operating status. Shares in the employee trust also decreased from 450,000 shares to 201,000 shares. - FY2024AdvancedAnnual report
「Stock-based compensation plan for directors who are Audit and Supervisory Committee members. The company has introduced a stock-based compensation plan for its directors who are Audit and Supervisory Committee members, under which shares of the company and cash equivalent to the market value of the shares are delivered. The plan is intended to enable the company's directors to contribute to increasing corporate value over the medium to long term through audits by sharing value with shareholders, and is a non-performance-linked stock-based compensation plan.」
In addition to the existing performance-linked plan for directors and other eligible officers, the company has introduced a non-performance-linked stock-based compensation plan for directors who are Audit and Supervisory Committee members. - FY2023Updated balance of shares held in the trust for directors and officersAnnual report
「103,570 shares in the stock delivery trust for directors and officers; 450,000 shares in the stock delivery trust for employees」
The company disclosed 103,570 shares remaining in the trust for directors and officers and 450,000 shares remaining in the trust for employees at the end of the fiscal year. - FY2023-Q2Decrease in shares held in the trust for directors and officersAnnual report
「The company records the shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding incidental expenses. The carrying value and number of these treasury shares were ¥119.576 million and 104,070 shares, respectively, at the end of the previous fiscal year, and ¥119.001 million and 103,570 shares, respectively, at the end of the second quarter of the current fiscal year.」
The shares remaining in the stock delivery trust for directors and officers decreased from 104,070 shares to 103,570 shares, and their carrying value decreased from ¥119.576 million to ¥119.001 million. The employee trust remained unchanged at 450,000 shares. - FY2023-Q1Decrease in shares held in the trust for directors and officersAnnual report
「The company records the shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding incidental expenses. The carrying value and number of these treasury shares were ¥119.576 million and 104,070 shares, respectively, at the end of the previous fiscal year, and ¥119.346 million and 103,870 shares, respectively, at the end of the first quarter of the current fiscal year.」
The shares remaining in the stock delivery trust for directors and officers decreased from 104,070 shares to 103,870 shares, and the company has updated the trust's operating status. - FY2022AdvancedAnnual report
「The treasury shares acquired through a public offering to prospective subscribers during the current fiscal year were treasury shares disposed of through a third-party allotment in connection with the introduction of the stock delivery trusts for directors and officers and for employees, carried out on 20 April 2022.」
In connection with the introduction of stock delivery trusts for directors and officers and for employees, the company disposed of 554,070 treasury shares through a third-party allotment, putting the operation of the plans into effect. - FY2022-Q3AdvancedAnnual report
「The company records the shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding incidental expenses. The carrying value and number of these treasury shares were ¥119.576 million and 104,070 shares, respectively, at the end of the third quarter of the current fiscal year.」
For the stock-based compensation plan for directors and other eligible officers, the company disclosed 104,070 shares remaining in the trust and a carrying value of ¥119.576 million, providing details on the plan's operation. - FY2022-Q1RaisedAnnual report
「At a meeting of the Board of Directors held on 26 January 2022, the company resolved to introduce an employee stock delivery trust as part of an incentive plan for employees of the company and its group, with the aim of increasing employees' motivation and morale to contribute to improving the company's medium- to long-term performance and increasing corporate value.」
In addition to the existing stock-based compensation plan for directors and other eligible officers, the company has added an employee stock delivery trust, expanding the scope of the plan. - FY2021First statedAnnual report
「At a meeting of the Board of Directors held on 11 January 2022, the company resolved to newly introduce a stock-based compensation plan under which shares of the company and cash equivalent to the market value of the shares would be delivered to the company's directors, excluding directors who are Audit and Supervisory Committee members and outside directors, and executive officers who are not concurrently serving as directors and are not employees. Based on a resolution at the 24th Annual General Meeting of Shareholders held on 25 February 2022, the company introduced the stock-based compensation plan for directors and other eligible officers.」
The company has introduced a stock-based compensation plan that links compensation for directors and other eligible officers to business performance and share value, increasing their incentive to contribute to the enhancement of corporate value over the medium to long term. The covered period runs from the fiscal year ending November 2022 through the fiscal year ending November 2024. The trust funding limits for directors and other eligible officers are ¥189 million and ¥2 million, respectively, and the limits on shares acquired are 94,560 shares and 960 shares, respectively.