Incentives to retain talent and enhance corporate value through a stock acquisition rights trust
First written in FY2020. 12 of 13 entries say "Advanced", first in FY2021. Latest entry: FY2026-H1.
The whole theme swung hardest in 2023: 1 of 10 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Class, details and number of shares underlying the share subscription rights (shares) * Common shares 1,210,000 Amount to be paid upon exercise of the share subscription rights (yen) * 455 Exercise period for the share subscription rights * From 1 April 2029 to 31 March 2032 (a) If consolidated gross profit is at least ¥11,000 million: exercisable percentage: 70% (b) If consolidated gross profit is at least ¥12,000 million: exercisable percentage: 80% (c) If consolidated gross profit is at least ¥13,000 million: exercisable percentage: 90% (d) If consolidated gross profit is at least ¥14,000 million: exercisable percentage: 100%」
For the share subscription rights issued on 27 February 2026, the disclosure states that they cover 1,210,000 common shares, have an exercise price of ¥455 and an exercise period from April 2029 through March 2032. The exercisable percentage is set at 70% to 100% according to the achievement level of consolidated gross profit ranging from at least ¥11,000 million to at least ¥14,000 million for the fiscal year ending December 2028. - FY2025AdvancedAnnual report
「The Company resolved to issue share subscription rights to its directors and senior officers and the directors of its subsidiaries.」
During 2025, share subscription rights covering 701,420 shares were exercised. In February 2026, the Company also resolved to issue paid stock options covering 1,230,000 shares to directors, senior officers and subsidiary directors, with the exercise conditions based on the achievement of consolidated gross profit of at least ¥11,000 million to at least ¥14,000 million for the fiscal year ending December 2028. - FY2024-H1AdvancedAnnual report
「1 January 2024–30 June 2024 (Note) 1 4,700 38,080,200 0 1,718 0 1,703 (Note) 1. Increase due to the exercise of share subscription rights.」
From the first through the second quarter of 2024, 4,700 shares were added through the exercise of share subscription rights. The incentive scheme using the share subscription rights trust continued to operate with share issuance. - FY2024-Q1AdvancedAnnual report
「1 January 2024–31 March 2024 (Note) 1 600 38,076,100 0 1,717 0 1,702 (Note) 1. Increase due to the exercise of share subscription rights.」
In the first quarter of 2024, 600 shares were added through the exercise of share subscription rights. The incentive scheme using the share subscription rights trust continued to operate with share issuance. - FY2023AdvancedAnnual report
「Exercise 119,100 Unexercised balance 1,704,500」
During 2023, share subscription rights covering 119,100 shares were exercised, leaving an unexercised balance of 1,704,500 shares at the end of the period. The trust-based incentive scheme continued to operate with share issuance. - FY2023-Q3AdvancedAnnual report
「1 July 2023–30 September 2023 (Note) 1 2,700 38,055,900 0 1,717 0 1,702 (Note) 1. Increase due to the exercise of share subscription rights.」
During the third quarter, 2,700 shares were added through the exercise of share subscription rights. The incentive scheme continued to operate with actual share issuance. - FY2023-Q2AdvancedAnnual report
「1 April 2023–30 June 2023 (Note) 1 43,500 38,053,200 1 1,717 1 1,702 (Note) 1. Increase due to the exercise of share subscription rights.」
During the second quarter, 43,500 shares were added through the exercise of share subscription rights, and share capital and capital surplus each increased by ¥1 million. The incentive scheme continued to operate with share issuance. - FY2023-Q1AdvancedAnnual report
「1 January 2023–31 March 2023 (Note) 1 53,300 38,009,700 2 1,715 2 1,700 (Note) 1. Increase due to the exercise of share subscription rights.」
In the first quarter of 2023, 53,300 shares were added through the exercise of share subscription rights, and share capital and capital surplus each increased by ¥2 million. The incentive scheme continued to operate with actual share issuance. - FY2022AdvancedAnnual report
「Exercise 222,900」
The disclosure states that 222,900 shares underlying share subscription rights were exercised during 2022, and that the incentive scheme was operated with actual share issuance. - FY2021AdvancedAnnual report
「Exercise 273,500 620,000」
For the incentive scheme using the share subscription rights trust, the disclosure reports the exercise of 273,500 shares under the first series of share subscription rights and 620,000 shares under the second series. - FY2020First statedAnnual report
「For the purpose of providing long-term incentives to the Group's officers and employees to enhance corporate value and retaining talented personnel, the Company established the "New Share Subscription Rights Trust" on 5 December 2018, pursuant to a resolution of the extraordinary general meeting of shareholders held on 3 December 2018, with certified public tax accountant Itoi Toshihiro (糸井 俊博) as trustee.」
The disclosure addresses a trust-based incentive scheme under which share subscription rights are allocated to officers and employees based on future performance evaluations, as a means of securing and retaining personnel and enhancing corporate value over the medium to long term.