Introduction of a Restricted Stock Compensation Plan
First written in FY2017. 13 of 15 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026.
105 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the consolidated fiscal year, the company granted 6,388 restricted shares as non-monetary compensation to 2 directors, excluding outside directors.」
Under the restricted stock compensation plan, 6,388 shares were granted to 2 directors, and the plan continued to operate. - 2026-05-22ReframedGovernance
「Except for changing the eligible participants in this program from “directors (excluding outside directors)” to “directors (excluding outside directors and directors who are Audit and Supervisory Committee members),” the substance of the program is materially the same as that disclosed in the “Notice Regarding the Introduction of a Restricted Stock Compensation Program” dated 21 May 2021, as described in section 2 below.」
In connection with the transition to a company with an Audit and Supervisory Committee, the company announced a policy of resubmitting the restricted stock compensation program to the General Meeting of Shareholders. The purpose of the program, the total annual compensation of up to ¥260 million and the total annual issuance or disposal of up to 260,000 shares remain materially unchanged, while directors who are Audit and Supervisory Committee members will be excluded from the eligible directors. - FY2025AdvancedAnnual report
「During the consolidated fiscal year, the company granted 5,484 restricted shares as non-monetary compensation to 2 directors, excluding outside directors.」
Under the restricted stock compensation plan, 5,484 shares were granted to 2 directors during the consolidated fiscal year. - FY2023AdvancedAnnual report
「During the consolidated fiscal year, the company granted 8,295 restricted shares as non-monetary compensation to 3 directors, excluding outside directors.」
Under the restricted stock compensation plan, 8,295 shares were granted to 3 directors during the consolidated fiscal year. - FY2022AdvancedAnnual report
「At a meeting of the Board of Directors held on 16 July 2021, the company resolved to dispose of treasury shares as restricted stock compensation for the company's directors and other eligible recipients. ② Class and number of shares to be disposed of: the company's common shares, 17,504 shares; ③ disposal price: ¥1,508 per share; ④ total disposal value: ¥26.396 million」
Under the restricted stock compensation plan, 17,504 treasury shares were disposed of for directors and other eligible recipients, with a total value of ¥26.396 million. - FY2022-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 16 July 2021, the company resolved to dispose of treasury shares as restricted stock compensation for the company's directors and other eligible recipients. ② Class and number of shares to be disposed of: the company's common shares, 17,504 shares; ③ disposal price: ¥1,508 per share; ④ total disposal value: ¥26.396 million」
Under the restricted stock compensation plan, the company resolved to dispose of 17,504 shares, with a total value of ¥26.396 million, for 3 directors and other eligible recipients. The plan also applies to company employees and directors and employees of subsidiaries, in addition to directors. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 17 July 2020, the company resolved to dispose of 86,556 treasury shares as restricted stock compensation for the company's directors and other eligible recipients and implemented the disposal.」
Under the restricted stock compensation plan, the company resolved to dispose of 86,556 common treasury shares and implemented the disposal. - FY2021-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 17 July 2020, the company resolved to dispose of treasury shares as restricted stock compensation for the company's directors and other eligible recipients.」
Under the restricted stock compensation plan, the company resolved to allocate 86,556 common shares, with a total disposal value of ¥73,399,488, to 4 directors and 1 subsidiary employee. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 July 2019, the company resolved to dispose of 130,222 treasury shares as restricted stock compensation for the company's directors and other eligible recipients and implemented the disposal.」
Under the restricted stock compensation plan, 130,222 treasury shares covered by the resolution adopted in July 2019 were disposed of. - FY2020-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 July 2019, the company resolved to dispose of treasury shares as restricted stock compensation for the company's directors and other eligible recipients. Class and number of shares to be disposed of: the company's common shares, 130,222 shares」
Under the restricted stock compensation plan, the company resolved to dispose of a total of 130,222 shares to 4 directors and 2 subsidiary employees on 23 August 2019, continuing to expand eligibility to directors and other eligible recipients. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 20 July 2018, the company resolved to dispose of 81,216 treasury shares as restricted stock compensation for the company's directors and other eligible recipients and implemented the disposal.」
Under the restricted stock compensation plan, 81,216 treasury shares were disposed of for directors and other eligible recipients. - FY2019-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 20 July 2018, the company resolved to dispose of treasury shares as restricted stock compensation for the company's directors and other eligible recipients.」
Under the restricted stock compensation plan, the company resolved to dispose of a total of 81,216 shares to 3 directors, 1 company employee and 2 subsidiary employees, expanding eligibility beyond directors. - FY2018-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 21 July 2017, the company resolved to dispose of 82,482 treasury shares as restricted stock compensation for the company's directors and implemented the disposal.」
Under the restricted stock compensation plan, 82,482 treasury shares were disposed of for directors. As a result, treasury shares decreased by ¥94.579 million and capital surplus increased by ¥54.218 million. - FY2018-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 21 July 2017, the company resolved to dispose of treasury shares as restricted stock compensation for the company's directors.」
For the restricted stock compensation plan, the company proceeded to a specific resolution to dispose of 82,482 shares to 2 directors on 18 August 2017. - FY2017First statedAnnual report
「At the 4th Annual General Meeting of Shareholders held on 27 June 2017, the company resolved to introduce a new restricted stock compensation plan for directors, with the aim of providing incentives for the sustainable enhancement of corporate value and promoting greater value sharing with shareholders. Separately from the compensation framework for the company's directors, the total amount of monetary compensation claims to be paid as compensation for restricted stock and related matters was capped at ¥260 million per year for the company's directors, including no more than ¥20 million per year for outside directors. Salaries paid to directors who also serve as employees are excluded.」
The company resolved to introduce a restricted stock compensation plan for directors to promote sustainable enhancement of corporate value and value sharing with shareholders. The annual cap on total compensation claims was ¥260 million, including no more than ¥20 million for outside directors.