Employee Incentive Program Using Restricted Stock
First written in FY2018-Q2. 8 of 10 entries say "Advanced", first in FY2018. Latest entry: FY2026-H1.
40 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 23 January 2026, the Company disposed of 7,695 treasury shares as restricted stock compensation.」
The Company disposed of 7,695 treasury shares as restricted stock compensation, continuing and advancing the operation of the existing plan. - FY2025AdvancedAnnual report
「Other (disposal of treasury shares for the grant of restricted stock): 4,200 shares; ¥48,300,000」
During the period, 4,200 treasury shares worth ¥48,300,000 were disposed of as restricted stock compensation. - FY2024AdvancedAnnual report
「Other (disposal of treasury shares for the grant of restricted stock): 3,050 shares; ¥35,624,000」
During the period, 3,050 treasury shares worth ¥35,624,000 were disposed of as restricted stock compensation. - FY2023AdvancedAnnual report
「Other (disposal of treasury shares for the grant of restricted stock): 2,000 shares; ¥18,000,000」
2,000 shares were disposed of during the period as restricted stock compensation. The plan for directors and Audit & Supervisory Board members specifies a 3-year transfer restriction period. - FY2022RestatedAnnual report
「Non-monetary compensation, etc. for the Company’s directors consists of restricted stock allocated under the conditions below. The purpose is to provide directors with incentives to sustainably enhance corporate value over the medium to long term and further promote the sharing of value with shareholders.」
Reconfirmed the policy of positioning restricted stock as executive compensation to enhance corporate value over the medium to long term and share value with shareholders. - FY2022AdvancedAnnual report
「Other (disposal of treasury shares for the grant of restricted stock): 1,000 shares; ¥5,980,000」
During the fiscal year, 1,000 shares were disposed of as restricted stock compensation. In addition, a resolution of the Annual General Meeting of Shareholders held on 20 January 2023 established annual and share-number limits and a 3-year transfer restriction period for restricted stock compensation for directors and Audit & Supervisory Board members. - FY2020AdvancedAnnual report
「Restricted stock compensation for directors: resolution of the 50th Annual General Meeting of Shareholders held on 25 January 2019; annual amount of no more than ¥20,000 thousand; no more than 2,000 shares per year; transfer restriction period of 5 years」
The restricted stock compensation plan specifies annual and share-number limits for officers and a 5-year transfer restriction period. During the fiscal year, 1,000 treasury shares worth ¥10,940 thousand were disposed of for officers. - FY2019AdvancedAnnual report
「In addition, executive compensation consists of fixed monthly base compensation and equity compensation in the form of restricted stock with a 5-year transfer restriction period, serving as a medium- to long-term incentive.」
The restricted stock plan introduced for employees, etc. was also applied to executive compensation, with annual and share-number limits and a 5-year transfer restriction period specified for directors and Audit & Supervisory Board members. - FY2018AdvancedAnnual report
「Other (disposal of treasury shares for the grant of restricted stock) during the fiscal year consisted of the disposal of treasury shares on 5 October 2018 for restricted stock compensation for employees of the Company and its subsidiaries.」
Under the restricted stock plan decided in FY2018-Q2, 119,170 treasury shares were disposed of on 5 October 2018 and the grant under the plan was implemented. - FY2018-Q2First statedAnnual report
「To provide incentives for the sustainable enhancement of corporate value and promote the sharing of shareholder value, the Company decided to dispose of treasury shares under an incentive plan utilizing restricted stock (the “Plan”) for eligible employees of the Company (the “Eligible Employees”) and employees of its subsidiaries (collectively with the Eligible Employees, the “Eligible Employees, etc.”). Taking into account the purpose of the Plan, the responsibilities of each Eligible Employee, etc. and other circumstances, the Company decided on this occasion to grant monetary claims totaling ¥1,015,623,450 (the “Monetary Claims”) and 141,255 common shares, with the aim of further increasing the motivation of each Eligible Employee, etc. To realize the Plan’s objective of sharing shareholder value over the medium to long term, the transfer restriction period for this grant is 5 years. In this treasury share disposal, 1,366 Eligible Employees, etc., the planned recipients, will contribute the full amount of the Monetary Claims to the Company as in-kind contributions and receive an allocation of the Company’s common shares (the “Allocated Shares”).」
At a meeting of the Board of Directors held on 21 May 2018, the Company decided to introduce a restricted stock plan aimed at sustainably enhancing corporate value and sharing shareholder value. It states that 141,255 common shares would be granted to 1,366 Eligible Employees, etc., for total monetary claims of ¥1,015,623,450, with a 5-year transfer restriction period and a disposal date of 5 October 2018.