Performance-linked stock options subject to consolidated operating profit of ¥10 billion
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2020: 2 of 16 companies on the "Worse" side.
7 other companies' latest entry also says "Achieved".
- FY2020AchievedAnnual report
「Operating profit: ¥11,053 million (down 18.9% year on year)」
Consolidated operating profit for FY2020 was ¥11,053 million, demonstrating that the performance condition for the stock acquisition rights, requiring consolidated operating profit to exceed ¥10 billion in any fiscal year from the fiscal year ended March 2018 through the fiscal year ended March 2021, was met. - FY2018RestatedAnnual report
「The Stock Acquisition Rights Holders may exercise the rights from 1 July 2021 if our consolidated operating profit exceeds ¥10 billion in any of the four consolidated fiscal years from the fiscal year ended March 2018 through the fiscal year ended March 2021.」
The performance condition from the fiscal year ended March 2018 through the fiscal year ended March 2021, requiring consolidated operating profit of more than ¥10 billion, has been restated. - FY2018-Q1RestatedAnnual report
「A person to whom these stock acquisition rights are allotted (hereinafter, a “Stock Acquisition Rights Holder”) may exercise the rights from 1 July 2021 if our consolidated operating profit exceeds ¥10 billion in any of the four consolidated fiscal years from the fiscal year ended March 2018 through the fiscal year ended March 2021.」
The performance condition requiring consolidated operating profit of more than ¥10 billion in any fiscal year from the fiscal year ended March 2018 through the fiscal year ended March 2021 has been restated as a condition for exercising the performance-linked stock acquisition rights. - FY2017First statedAnnual report
「If our consolidated operating profit exceeds ¥10 billion in any of the four consolidated fiscal years from the fiscal year ended March 2018 through the fiscal year ended March 2021, the options may be exercised from 1 July 2021.」
The requirement to achieve consolidated operating profit of more than ¥10 billion in any fiscal year from the fiscal year ended March 2018 through the fiscal year ended March 2021 was specified as a performance condition for exercising the stock acquisition rights.