Succession Planning and Restricted Stock Compensation Through the Nomination and Compensation Committee
First written in FY2021. 7 of 8 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2026-H1.
105 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Pursuant to the disposal of treasury shares as restricted stock compensation approved at the Board of Directors meeting held on 21 August 2025, the Company disposed of 41,300 treasury shares on 19 September 2025.」
Under the restricted stock compensation plan, the Company disposed of 41,300 treasury shares on 19 September 2025. - FY2025-H1AdvancedAnnual report
「Pursuant to the disposal of treasury shares as restricted stock compensation approved at the Board of Directors meeting held on 25 July 2024, the Company disposed of 209,400 treasury shares on 23 August 2024.」
Under the restricted stock compensation plan, the Company disposed of 209,400 treasury shares on 23 August 2024. - FY2024-Q2AdvancedAnnual report
「Pursuant to the disposal of treasury shares as restricted stock compensation approved at the Board of Directors meeting held on 27 July 2023, the Company disposed of 11,800 treasury shares on 25 August 2023.」
Under the restricted stock compensation plan, the Company disposed of 11,800 treasury shares on 25 August 2023. - FY2023-Q3AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors meeting held on 19 January 2023, the Company disposed of 10,100 treasury shares on 15 February 2023 as an allocation of restricted stock compensation, for ¥9.507 million.」
Under the restricted stock compensation plan, the Company disposed of 10,100 treasury shares valued at ¥9.507 million on 15 February 2023. - FY2023-Q2AdvancedAnnual report
「Pursuant to the disposal of treasury shares as restricted stock compensation approved at the Board of Directors meeting held on 28 July 2022, the Company disposed of 10,200 treasury shares on 26 August 2022.」
Under the restricted stock compensation plan, the Company disposed of 10,200 treasury shares on 26 August 2022. - FY2022AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors meeting held on 29 July 2021, the Company disposed of 11,100 treasury shares on 27 August 2021 as an allocation of restricted stock compensation, for ¥8.498 million.」
Under the restricted stock compensation plan, the Company disposed of 11,100 treasury shares valued at ¥8.498 million. Under the performance-linked plan, 134,200 shares were granted for the evaluation period from the fiscal year ended April 2022 through the fiscal year ended April 2024. - FY2022-Q1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors meeting held on 29 July 2021, the Company disposed of 11,100 treasury shares on 27 August 2021 as an allocation of restricted stock compensation, for ¥8.498 million.」
Under the restricted stock compensation plan introduced in the previous fiscal year, 11,100 treasury shares, valued at ¥8.498 million, were allocated through a disposal of treasury shares. - FY2021First statedAnnual report
「We grant up to 23,000 shares per year of service-continuation restricted stock, under which the transfer restrictions are lifted subject to the recipient continuing to serve as a director or other officer of the Company for a specified period. The Nomination and Compensation Committee is consulted as appropriate, and the Board of Directors determines the terms, method for calculating the number of shares to be granted, grant timing and other matters, with the aim of further strengthening initiatives to enhance corporate value over the medium to long term and promoting greater value sharing with shareholders. This excludes non-monetary compensation such as performance-linked restricted stock.」
Following consultation with the Nomination and Compensation Committee, the Company introduced restricted stock compensation plans of up to 23,000 shares per year for service-continuation awards and up to 230,000 shares per year for performance-linked awards, aimed at succession planning and value sharing with shareholders. The initial performance evaluation period for the performance-linked awards covered the 3 fiscal years from the fiscal year ended April 2022 through the fiscal year ended April 2024.