Introduction of a restricted stock compensation plan
First written in FY2021. 5 of 6 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「Restricted stock compensation: balance at end of previous consolidated fiscal year 15,600; grants —; shares acquired without consideration —; transfer restrictions released 15,600; shares remaining subject to transfer restrictions —」
The transfer restrictions on the 15,600 restricted shares granted in August 2023 were released, reducing the balance to zero. - FY2024-Q1AdvancedAnnual report
「The total number of shares issued increased by 15,600 as a result of the issuance of new shares as restricted stock compensation, with 8 August 2023 as the payment date.」
The company disclosed the issuance of 15,600 new shares as restricted stock compensation, with 8 August 2023 as the payment date, increasing both share capital and the capital reserve by ¥4.290 million. - FY2023AdvancedAnnual report
「Grant date: 9 August 2022; categories and number of recipients: 3 company directors, 7 company employees; class and number of shares granted: 18,000 common shares」
Under the restricted stock compensation plan, the company made an additional grant of 18,000 common shares to 3 directors and 7 employees on 9 August 2022. - FY2022-Q2AdvancedAnnual report
「10 August 2021 (Note) 18,000 3,797,600 5,139 360,271 5,139 195,247 (Note) This increase resulted from the issuance of new shares as restricted stock compensation.」
Under the restricted stock compensation plan, the company actually issued 18,000 common shares to 3 directors and 7 employees on 10 August 2021, increasing both share capital and the capital reserve by ¥5.139 million. - FY2022-Q1AdvancedAnnual report
「In consideration of the purpose of this plan, the company’s performance, the scope of responsibilities of each Eligible Director, and other relevant circumstances, the company decided to grant aggregate monetary compensation claims of ¥10,278,000 and 18,000 common shares to the Eligible Directors, etc.」
The company decided on the specific grants under its restricted stock compensation plan and announced plans to grant a total of 18,000 shares to 3 directors and 7 employees. The transfer restriction period is from 10 August 2021 to 24 June 2022. - FY2021First statedAnnual report
「At the shareholders’ meeting held on 25 June 2021, the company resolved to newly provide its directors, excluding directors who are Audit and Supervisory Committee members and outside directors (hereinafter, the “Eligible Directors”), with a restricted stock compensation plan as non-monetary compensation. The Eligible Directors will be subject to transfer restrictions for a period specified by the company’s Board of Directors within 5 years from the date of allocation.」
The company introduced restricted stock compensation as a new incentive plan for directors, with the transfer restriction period set as the period specified by the Board of Directors within 5 years from the allocation date.