Introduction of a Trust-Based Employee Stock Ownership Incentive Plan
First written in FY2022-Q3. 1 of 9 entries say "Advanced", first in FY2022. Latest entry: FY2026-H1.
19 other companies' latest entry also says "Other".
- FY2026-H1The number of shares held by the trust has declinedAnnual report
「The Company has introduced the trust-based employee shareholding incentive plan (E-Ship). The 131,500 shares held by Nomura Trust and Banking Co., Ltd. as trust assets are not included in treasury shares under Note 1 above.」
The number of shares held by the E-Ship trust was 131,500, down from 173,000 at the end of fiscal 2025. The shareholder composition reflects the continued transfer of shares to the employee shareholding association. - FY2025Decrease in trust-held shares and borrowingsAnnual report
「The carrying amount at the end of the fiscal year in the trust was ¥143.468 million in the previous consolidated fiscal year and ¥110.508 million in the current consolidated fiscal year. The number of shares at fiscal year-end was 224,600 in the previous consolidated fiscal year and 173,000 in the current consolidated fiscal year.」
The E-Ship trust continued transferring shares to the employee shareholding association, and the number of shares at fiscal year-end decreased from 224,600 to 173,000. The carrying amount of trust borrowings also decreased from ¥165.330 million to ¥123.590 million. - FY2025-H1The number of shares held by the trust has declinedAnnual report
「The Company has introduced the trust-based employee shareholding incentive plan (E-Ship). The 186,300 shares held by Nomura Trust and Banking Co., Ltd. as trust assets are not included in treasury shares under Note 1 above.」
The number of shares held by Nomura Trust and Banking Co., Ltd. as trust assets of E-Ship was disclosed as 186,300. This was down from 224,600 at the end of the previous fiscal year, indicating that transfers of shares to the employee shareholding association continued. - FY2024Continued decrease in shares held by the trustAnnual report
「The carrying amount at the end of the fiscal year in the trust was ¥202.236 million in the previous consolidated fiscal year and ¥143.468 million in the current consolidated fiscal year. The number of shares at fiscal year-end was 316,600 in the previous consolidated fiscal year and 224,600 in the current consolidated fiscal year.」
The number of shares and carrying amount held by the E-Ship trust decreased, and transfers of shares to the employee shareholding association continued. The carrying amount of trust borrowings also decreased from ¥204.730 million to ¥165.330 million. - FY2024-H1The number of shares held by the trust has declinedAnnual report
「Nomura Trust and Banking Co., Ltd. (Trust account exclusively for Kintaro Employees’ Shareholding Association) 128,000 1.29」
The number of shares held by Nomura Trust and Banking Co., Ltd. as trust assets of E-Ship decreased from 158,300 at the end of fiscal 2023 to 128,000 as of 30 June 2024. The progress of share transfers under the trust-based employee shareholding incentive plan is reflected in the shareholder composition. - FY2023Continued transfer of shares held by the trustAnnual report
「The carrying amount at the end of the fiscal year in the trust was ¥246.439 million in the previous consolidated fiscal year and ¥202.236 million in the current consolidated fiscal year. The number of shares at fiscal year-end was 192,000 in the previous consolidated fiscal year and 158,300 in the current consolidated fiscal year.」
The E-Ship trust continued transferring shares to the employee shareholding association in fiscal 2023, and the number of shares at fiscal year-end decreased from 192,000 to 158,300. The carrying amount of borrowings also decreased from ¥250 million to ¥204.730 million. - FY2023-Q2Number of Shares Held in Trust UpdatedAnnual report
「Nomura Trust and Banking Co., Ltd. (Trust account exclusively for Kintaro Employees’ Shareholding Association) 2-2-2 Otemachi, Chiyoda-ku, Tokyo 171,200 1.73」
The major shareholders table disclosed that Nomura Trust and Banking Co., Ltd. held 171,200 shares as trust assets of E-Ship, representing 1.73% of total shares issued. - FY2022AdvancedAnnual report
「At the end of the current consolidated fiscal year, the carrying amount and number of these shares were ¥246.439 million and 192,900 shares, respectively. The carrying amount of borrowings recognized at the end of the current consolidated fiscal year through application of the gross method was ¥250 million.」
Under E-Ship, approved in the previous quarter, the trust held 192,900 shares. A share carrying amount of ¥246.439 million and borrowings of ¥250 million were recorded at fiscal year-end, indicating that the plan had moved from planning to implementation. - FY2022-Q3First statedAnnual report
「At the Board of Directors meeting held on 12 October 2022, the Company resolved the details of the trust established for the trust-based employee shareholding incentive plan, including the establishment date of the trust, the total amount of funds to be borrowed by the trust under the plan and the plan period. The plan is intended to provide employees with an incentive to enhance the Company’s medium- to long-term corporate value. Trust period: 12 October 2022–29 February 2028 Total acquisition cost of shares: ¥250 million (total amount borrowed by the trust) Share acquisition period: 17 October 2022–28 April 2023 Method of share acquisition: Acquisition of the Company’s shares on the exchange market」
The Company newly resolved to establish a trust to provide employees with an incentive to enhance corporate value over the medium to long term. The trust would borrow ¥250 million and acquire the Company’s shares in the market from October 2022 through April 2023. The trust period runs through February 2028.