Medium- to long-term performance targets linked to performance-based stock options
First written in FY2017-Q3. 1 of 2 entries say "Achieved", first in FY2020. Latest entry: FY2020.
27 other companies' latest entry also says "Achieved".
- FY2020AchievedAnnual report
「Vested 162,400」
Of the 172,000 shares underlying the third stock acquisition rights before vesting, 9,600 shares lapsed and 162,400 shares vested. The total of ordinary profit, depreciation and amortization, and goodwill amortization for FY2020 was ¥1,138,056 thousand, exceeding the ¥650 million and ¥700 million conditions. - FY2017-Q3First statedAnnual report
「If, in any fiscal year from the fiscal year ending February 2018 through the fiscal year ending February 2022, the amount obtained by adding depreciation and amortization and goodwill amortization stated in the consolidated statement of cash flows (including amounts related to equity-method affiliates) to ordinary profit stated in the consolidated statement of income in the securities report (or the statement of income if consolidated financial statements are not prepared) satisfies the following conditions, the holders of the stock acquisition rights may exercise the stock acquisition rights allocated to them up to the percentages specified below: (a) If the amount exceeds ¥650 million, exercisable percentage: 50%; (b) If the amount exceeds ¥700 million, exercisable percentage: 100%.」
For any fiscal year from the fiscal year ending February 2018 through the fiscal year ending February 2022, exercise conditions were set at 50% if ordinary profit plus depreciation and amortization and goodwill amortization exceeded ¥650 million, and 100% if it exceeded ¥700 million.