Introduction of a Restricted Stock Compensation Plan
First written in FY2021. 5 of 7 entries say "Advanced", first in FY2022. Latest entry: 2026-04-24.
- FY2025AdvancedAnnual report
「In response, the extraordinary meeting of the Board of Directors held on 19 March 2025 resolved to dispose of treasury shares as restricted stock compensation, and 14,785 treasury shares, after adjustment for the stock split, were disposed of to 6 directors, excluding outside directors, on 18 April of the same year.」
Under the restricted stock compensation plan, 14,785 treasury shares were disposed of to 6 directors in fiscal 2025 at a disposal value of ¥8.323 million. The plan remains in operation. - FY2024AdvancedAnnual report
「At the extraordinary meeting of the Board of Directors held on 22 March 2024, the Company resolved to dispose of treasury shares as restricted stock compensation, and disposed of 16,790 treasury shares, after adjustment for the stock split, to 5 directors, excluding outside directors, on 19 April of the same year.」
Under the restricted stock compensation plan, 16,790 treasury shares were disposed of to 5 directors in fiscal 2024 at a disposal value of ¥7.320 million. - FY2023AdvancedAnnual report
「In response, the extraordinary meeting of the Board of Directors held on 24 March 2023 resolved to dispose of treasury shares as restricted stock compensation, and 5,172 treasury shares were disposed of to 5 directors, excluding outside directors, on 21 April of the same year.」
Under the restricted stock compensation plan introduced in the previous fiscal year, 5,172 treasury shares were disposed of to 5 directors in fiscal 2023 at a disposal value of ¥7.127 million. - FY2022AdvancedAnnual report
「Other (disposal of treasury shares under the restricted stock compensation plan) 8,447 shares; total disposal value ¥6.858 million」
Under the restricted stock compensation plan introduced in the previous fiscal year, 8,447 treasury shares were disposed of to 5 directors on 22 April 2022, putting the plan into operation as actual equity compensation. - FY2021First statedAnnual report
「At the 41st Annual General Meeting of Shareholders held on 25 March 2022, the company resolved to introduce a restricted stock compensation plan for directors other than outside directors, in a separate framework from the aforementioned limit on directors' compensation and other payments, in order to share with shareholders the benefits and risks of share price movements and further strengthen directors' motivation to contribute to higher share prices and enhanced corporate value. The total amount of monetary compensation claims to be paid as compensation and other payments under the plan was set at no more than ¥100 million per year.」
Pursuant to a resolution at the Annual General Meeting of Shareholders held on 25 March 2022, the company introduced a restricted stock compensation plan for directors other than outside directors.