Introducing an employee stock benefit trust
First written in FY2023-Q2. 1 of 6 entries say "Advanced", first in FY2023. Latest entry: FY2025-H1.
19 other companies' latest entry also says "Other".
- FY2025-H1Decrease in trust-held shares due to benefits paid to employeesAnnual report
「The reduction of ¥1 million and 300 shares was due to distributions under the employee stock benefit trust.」
The number of shares held by the trust decreased by 300 following distributions under the employee stock benefit trust. - FY2024-Q3Decrease in trust-held shares due to additional benefitsAnnual report
「The carrying amount and number of these treasury shares were ¥376.965 million and 104,700 shares, respectively, at the end of the previous consolidated fiscal year, and ¥348.202 million and 89,344 shares, respectively, at the end of the third quarter of the current consolidated fiscal year. The decrease of ¥28.762 million and 15,356 shares was due to benefits paid under the performance-linked stock compensation plan for directors and executive officers.」
Following distributions under the performance-linked stock compensation plan for directors, the total number of shares held by the trusts for directors and employees decreased from 104,700 to 89,344. - FY2024-Q2Distribution and reduction of trust-held shares for employees and directorsAnnual report
「The decrease of ¥20.453 million and 10,920 shares was due to benefits paid under the performance-linked stock compensation plan for directors and executive officers.」
Following distributions under the performance-linked stock compensation plan for directors, the number of shares held by the stock benefit trusts for directors and employees was 93,780. - FY2024-Q1RestatedAnnual report
「The Company has introduced a performance-linked stock compensation plan for directors and executive officers and a stock benefit trust plan for employees. Shares of the Company held by the trusts established for these plans are recorded as treasury shares in the consolidated balance sheet. The carrying amount and number of these treasury shares were ¥376.965 million and 104,700 shares, respectively, at the end of the previous consolidated fiscal year and at the end of the first quarter of the current consolidated fiscal year.」
The employee stock benefit trust continued to operate, and the company disclosed that the trust held 104,700 shares at the end of the first quarter, with a carrying value of ¥376.965 million. - FY2023AdvancedAnnual report
「The company's shares remaining in the trust are recorded as treasury shares under net assets at the trust's carrying value, excluding incidental expenses. At the end of the current consolidated fiscal year, the carrying value and number of these treasury shares were ¥299.608 million and 63,400 shares, respectively.」
The employee stock benefit trust was operated throughout the fiscal year, and the company disclosed that the trust held 63,400 shares at fiscal year-end, with a carrying value of ¥299.608 million. - FY2023-Q2First statedAnnual report
「From the second quarter of the current consolidated fiscal year, the Group has operated an employee stock benefit trust as part of an incentive plan for employees, with the aim of fostering awareness of their contribution to improving medium- to long-term performance and increasing corporate value.」
The company newly introduced an employee stock benefit trust to foster employees' awareness of their contribution to improving medium- to long-term performance and increasing corporate value. Under the scheme, the trust acquires the company's shares and provides them to employees of the company and its group companies who meet specified beneficiary requirements. At the end of the second quarter of the current fiscal year, the trust held 63,400 shares with a carrying value of ¥299.608 million.