Incentives Through Performance-Linked Stock Acquisition Rights
First written in FY2017-Q3. 7 of 9 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2024.
The whole theme swung hardest in 2020: 2 of 17 companies on the "Worse" side.
13 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「10th stock acquisition rights Company employees 11 Common shares 29,800 Exercise period for stock acquisition rights From 5 August 2025 To 4 August 2028」
Stock acquisition rights covering 29,800 shares were granted to 11 company employees, introducing a new employee share incentive scheme. - FY2021AdvancedAnnual report
「Before vesting End of previous consolidated fiscal year 400 150 Vested － 150 Unvested balance 400 －」
The 150 shares covered by LignApps' second stock options vested, advancing the operation of the share incentive scheme at the subsidiary. - FY2020-Q1AdvancedAnnual report
「1 April 2019–30 June 2019 15,800 2,073,000 8,500 554,057 8,500 504,057 (Note) The increases resulted from the exercise of stock acquisition rights.」
During the first quarter, 15,800 shares were issued upon the exercise of stock acquisition rights, increasing stated capital and the capital reserve by ¥8,500 thousand each. - FY2019AdvancedAnnual report
「Approved on 22 March 2019: First stock options, 400 common shares; approved on 22 March 2019: Second stock options, 150 common shares」
New stock acquisition rights covering 400 shares and 150 shares were granted through LignApps, extending the share incentive scheme to the subsidiary level. - FY2019-Q3AdvancedAnnual report
「1 October 2018 to 31 December 2018 900 2,053,000 470 ¥543,021 470 ¥493,021 (Note) Increase due to the exercise of stock acquisition rights.」
During the third quarter, 900 shares were issued upon the exercise of stock acquisition rights, increasing stated capital and the capital reserve by ¥470 thousand each. - FY2019-Q1AdvancedAnnual report
「1 April 2018 to 30 June 2018 32,500 2,052,100 18,687 ¥542,551 18,687 ¥492,551 (Note) Increase due to the exercise of stock acquisition rights.」
During the first quarter, 32,500 shares were issued through the exercise of stock acquisition rights, increasing capital and capital surplus by ¥18.687 million each. The disclosure records the exercise of performance-linked stock acquisition rights. - FY2018-Q3AdvancedAnnual report
「The stock acquisition rights issued during the third quarter are as follows. Resolution date 21 November 2017 Number of stock acquisition rights (rights) (Note) 2 472 Number of shares underlying the stock acquisition rights (shares) (Note) 2 47,200 Exercise period 1 July 2018 to 30 June 2021 (1) A person allotted the stock acquisition rights (a “holder of the stock acquisition rights”) may exercise these stock acquisition rights only if operating income in the Company’s income statement included in the earnings release for the fiscal year ending March 2018 is at least ¥200 million. (2) If, on or after the start of the exercise period, the closing price of the Company’s common stock in regular trading on the Tokyo Stock Exchange falls below ¥1,000 even once, the holder may not exercise any of the remaining stock acquisition rights after the date on which the price falls below that level.」
The Company newly issued 472 stock acquisition rights covering 47,200 shares, establishing a plan subject to operating income of at least ¥200 million and a share price of at least ¥1,000. - FY2017RestatedAnnual report
「2 December 2016 421 42,100 Holders of the stock acquisition rights may exercise these stock acquisition rights only if operating income in the Company’s income statement included in the earnings release for the fiscal year ending March 2017 is at least ¥200 million.」
The Company reaffirmed the exercise conditions for the performance-linked stock acquisition rights: 421 rights covering 42,100 shares and operating income of at least ¥200 million. - FY2017-Q3First statedAnnual report
「The stock acquisition rights issued during the third quarter are as follows. Resolution date 2 December 2016 Number of stock acquisition rights (rights) (Note) 2 421 Number of shares underlying the stock acquisition rights (shares) (Note) 2 42,100 Exercise period 1 July 2017 to 30 June 2020 Holders of the stock acquisition rights may exercise these stock acquisition rights only if operating income in the Company’s income statement included in the earnings release for the fiscal year ending March 2017 is at least ¥200 million.」
The Company issued stock acquisition rights covering 421 rights and 42,100 shares, with operating income of at least ¥200 million for the fiscal year ending March 2017 as an exercise condition. The exercise period is from 1 July 2017 to 30 June 2020.