Enhancing Corporate Value through Employee Share Delivery and a Trust-Type ESOP for the Employee Stock Ownership Association
First written in FY2021. 1 of 5 entries say "Advanced", first in FY2022. Latest entry: FY2025.
Daio Paper moved to the "Worse" side of this theme in 2025.
6 other companies' latest entry also says "Reframed".
- FY2025Continuation of the share delivery trust for employeesAnnual report
「The company has introduced a share delivery trust for directors (excluding directors who are Audit and Supervisory Committee members and outside directors), delegated executive officers, employment-based executive officers, and management-level employees.」
Following the end of the employee stock ownership plan trust-type ESOP, the company separately disclosed the share delivery trust scheme for directors, executive officers, and management-level employees. The trust period for employees is scheduled to run through the end of March 2026, and the number of shares scheduled for acquisition is 771,243. - FY2024AchievedAnnual report
「The company had introduced an employee stock ownership plan trust-type ESOP as an incentive plan aimed at enhancing corporate value over the medium to long term through the use of the Group’s employee stock ownership plan and expanding employee benefits, but the plan ended during the current consolidated fiscal year.」
The employee stock ownership plan trust-type ESOP ended during the year, and shares held by the trust and borrowings recorded under the gross method were zero at the end of the fiscal year. - FY2024-Q3Zero shares remaining in the trust and zero borrowingsAnnual report
「The book value and number of these treasury shares were ¥244 million and 127 thousand shares, respectively, in the previous consolidated fiscal year, while there were no applicable items in the first nine months of the current consolidated fiscal year. Previous consolidated fiscal year: ¥461 million; first nine months of the current consolidated fiscal year: ¥0 million」
For the employee stock ownership plan trust-type ESOP, there were no treasury shares remaining in the trust and no borrowings recorded under the gross method during the first nine months of the current fiscal year; both were zero. - FY2022AdvancedAnnual report
「Since March 2021, the employee stock ownership plan trust has used borrowed funds to acquire in advance, in a lump sum, the number of the company’s shares expected to be purchased by the employee stock ownership plan over five years. Total shares scheduled to be delivered to the employee stock ownership plan: 380,200 shares」
The company disclosed the operation of the employee stock ownership plan trust-type ESOP and the planned acquisition of 380,200 shares, implementing a scheme aimed at supporting employees’ asset formation and enhancing their awareness of participating in management. - FY2021First statedAnnual report
「At a meeting of the Board of Directors held on 11 March 2021, the company introduced an employee stock ownership plan trust-type ESOP as part of its employee benefits. The purpose is to promote stable asset formation by Group employees through the activation of the Group’s employee stock ownership plan, enhance employees’ awareness of participating in management, and improve medium- to long-term corporate value by providing incentives to improve performance.」
In addition to expanding the share delivery program for management-level employees, the company introduced an employee stock ownership plan trust-type ESOP in March 2021. The trust acquired 516,500 shares, the number expected to be purchased by the employee stock ownership plan over five years, to support employees’ asset formation and enhance their awareness of participating in management.