Exercise conditions linked to achieving ordinary profit of ¥1.3 billion, ¥1.6 billion and ¥2.0 billion
First written in FY2016. 5 of 15 entries say "Restated". Latest entry: FY2026.
9 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Performance condition above: if ordinary profit before amortization of goodwill and stock-based compensation expense exceeds ¥6 billion from the fiscal year ending March 2027 through the fiscal year ending March 2036.」
A performance condition of ¥6 billion in ordinary profit before amortization of goodwill and stock-based compensation expense was newly established for the 16th series of stock acquisition rights, covering the fiscal years ending March 2027 through March 2036. - 2026-05-13AdvancedEarnings
「Proceeds from issuing shares upon exercise of share acquisition rights 196」
The company recorded ¥196 million in proceeds from issuing shares upon the exercise of share acquisition rights, indicating that the performance-linked share acquisition rights program had progressed to the exercise stage. - FY2026-H1AdvancedAnnual report
「Board of Directors resolutions dated 26 March 2025 and 30 April 2025 Directors of the company 1 Employees of the company 1 Directors of the company's subsidiaries 2 Employees of the company's subsidiaries 28 Number of stock acquisition rights (units) 1,290 Class, description and number of shares underlying the stock acquisition rights (shares) Common shares 129,000 (Note) 2」
Disclosed the grant of 1,290 stock acquisition rights to 32 directors and employees of the company and its subsidiaries in connection with the 15th series of stock acquisition rights. The existing performance-linked structure based on ordinary profit before deducting share-based compensation expenses of ¥4.3 billion and ¥5.0 billion is being implemented in concrete terms. - FY2025RaisedAnnual report
「(a) If ordinary profit before deducting share-based compensation expenses exceeds ¥4.3 billion between the fiscal years ending March 2026 and March 2034 Exercisable percentage: 40% (b) If ordinary profit before deducting share-based compensation expenses exceeds ¥5.0 billion between the fiscal years ending March 2026 and March 2034 Exercisable percentage: 100%」
Issued the 15th series of stock acquisition rights, raising the ordinary profit before deducting share-based compensation expenses thresholds to ¥4.3 billion and ¥5.0 billion and setting the applicable period through the fiscal year ending March 2034. The target levels were raised further from the previous ¥3.2 billion and ¥3.6 billion conditions. - FY2024RestatedAnnual report
「(a) If ordinary profit before deducting share-based compensation expenses exceeds ¥3.2 billion between the fiscal years ending March 2024 and March 2032 Exercisable percentage: 40% (b) If ordinary profit before deducting share-based compensation expenses exceeds ¥3.6 billion between the fiscal years ending March 2024 and March 2032 Exercisable percentage: 100%」
Reaffirmed the structure of the 14th series of stock acquisition rights, with ordinary profit before deducting share-based compensation expenses of ¥3.2 billion and ¥3.6 billion as conditions through the fiscal year ending March 2032. - FY2024-Q1RestatedAnnual report
「Board of Directors resolutions dated 29 March 2023 and 26 April 2023 Employees of the company's subsidiaries 22 Number of stock acquisition rights (units) 685 If ordinary profit before deducting share-based compensation expenses exceeds ¥3.2 billion between the fiscal years ending March 2024 and March 2032 Exercisable percentage: 40% If ordinary profit before deducting share-based compensation expenses exceeds ¥3.6 billion between the fiscal years ending March 2024 and March 2032 Exercisable percentage: 100%」
Granted 685 stock acquisition rights to 22 employees of subsidiaries, reaffirming the existing performance-linked structure based on ordinary profit before deducting share-based compensation expenses of ¥3.2 billion and ¥3.6 billion. - FY2023RaisedAnnual report
「(a) If ordinary profit before deducting share-based compensation expenses exceeds ¥3.2 billion between the fiscal years ending March 2024 and March 2032 Exercisable percentage: 40% (b) If ordinary profit before deducting share-based compensation expenses exceeds ¥3.6 billion between the fiscal years ending March 2024 and March 2032 Exercisable percentage: 100%」
For the 14th series of stock acquisition rights, ordinary profit before deducting share-based compensation expenses of ¥3.2 billion and ¥3.6 billion was established as the conditions through the fiscal year ending March 2032. Both the metric and thresholds were raised further from the previous stepped conditions of ¥2.5 billion, ¥2.8 billion and ¥3.2 billion. - FY2022RaisedAnnual report
「(a) If ordinary profit exceeds ¥2.5 billion between the fiscal years ending March 2023 and March 2027 Exercisable percentage: 10% (b) If ordinary profit exceeds ¥2.8 billion between the fiscal years ending March 2023 and March 2031 Exercisable percentage: 40% (c) If ordinary profit exceeds ¥3.2 billion between the fiscal years ending March 2023 and March 2031 Exercisable percentage: 100%」
For the 13th series of stock acquisition rights, the stepped ordinary profit thresholds were raised to ¥2.5 billion, ¥2.8 billion and ¥3.2 billion, with applicable periods set through the fiscal years ending March 2027 and March 2031. - FY2021RaisedAnnual report
「(a) If ordinary profit exceeds ¥2.1 billion between the fiscal years ending March 2022 and March 2026 Exercisable percentage: 10% (b) If ordinary profit exceeds ¥2.4 billion between the fiscal years ending March 2022 and March 2030 Exercisable percentage: 40% (c) If ordinary profit exceeds ¥2.8 billion between the fiscal years ending March 2022 and March 2030 Exercisable percentage: 100%」
The first-stage condition for the 10th series of stock acquisition rights, requiring ordinary profit to exceed ¥1.3 billion, was achieved with ordinary profit of ¥1,419.666 million for the fiscal year ended March 2021. For the 11th series of stock acquisition rights, the stepped thresholds were raised to ¥2.1 billion, ¥2.4 billion and ¥2.8 billion, and the applicable periods were extended through the fiscal years ending March 2026 and March 2030. - FY2020AdvancedAnnual report
「Ordinary profit, which management considers important, has reached a record high for 8 consecutive fiscal years.」
Ordinary profit reached ¥1,334.957 million, a record high for 8 consecutive fiscal years. The first-stage condition for the stock acquisition rights, requiring ordinary profit to exceed ¥1.3 billion by the fiscal year ending March 2021, was exceeded ahead of schedule in FY2020, while the ¥1.6 billion and ¥2.0 billion conditions were not met. - FY2019AdvancedAnnual report
「Ordinary profit, which management considers important, has reached a record high for 7 consecutive fiscal years.」
Ordinary profit increased 30.7% from the previous consolidated fiscal year to ¥1,162.746 million, reaching a record high for 7 consecutive fiscal years. This represents measurable progress toward the stock acquisition rights exercise conditions based on ordinary profit of ¥1.3 billion, ¥1.6 billion and ¥2.0 billion, although the ¥1.3 billion condition was not met. - FY2018RestatedAnnual report
「The management indicator the Group considers most important is ordinary profit and its medium- to long-term growth.」
Reaffirmed the view that ordinary profit and its medium- to long-term growth are the most important management indicators. This is also consistent with the existing stock acquisition rights exercise conditions based on ordinary profit of ¥1.3 billion, ¥1.6 billion and ¥2.0 billion. - FY2017RestatedAnnual report
「The management indicator the Group considers most important is ordinary profit and its medium- to long-term growth. Ordinary profit is the final profit item corresponding to earnings for the period, and its growth demonstrates the competitiveness of the Group as a collective of specialists and provides the source of profit distributions to shareholders and other stakeholders.」
Reaffirmed the view that ordinary profit and its medium- to long-term growth are the most important management indicators, consistent with the existing stock acquisition rights exercise conditions based on ordinary profit of ¥1.3 billion, ¥1.6 billion and ¥2.0 billion. - FY2017-Q1RestatedAnnual report
「(a) If ordinary profit exceeds ¥1.3 billion by the fiscal year ending March 2021 Exercisable percentage: 10% (b) If ordinary profit exceeds ¥1.6 billion by the fiscal year ending March 2026 Exercisable percentage: 40% (c) If ordinary profit exceeds ¥2.0 billion by the fiscal year ending March 2026 Exercisable percentage: 100%」
Reiterated the same exercise conditions for the stock acquisition rights, with stepped ordinary profit thresholds of ¥1.3 billion, ¥1.6 billion and ¥2.0 billion and corresponding exercisable percentages. - FY2016First statedAnnual report
「(a) If ordinary profit exceeds ¥1.3 billion by the fiscal year ending March 2021 Exercisable percentage: 10% (b) If ordinary profit exceeds ¥1.6 billion by the fiscal year ending March 2026 Exercisable percentage: 40% (c) If ordinary profit exceeds ¥2.0 billion by the fiscal year ending March 2026 Exercisable percentage: 100%」
For stock acquisition rights granted to directors, subsidiary officers and employees, annual ordinary profit levels were established as exercise conditions.