Abolition of the Executive Retirement Bonus Plan
First written in FY2017-Q1. 4 of 5 entries say "Restated". Latest entry: FY2019.
25 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「At a meeting of the Board of Directors held on 16 May 2016, the Company reviewed its director compensation scheme and resolved to abolish the retirement bonus scheme for directors, excluding directors who are Audit and Supervisory Committee members, and to introduce a new performance-linked stock compensation scheme using a trust for the Company's directors, excluding outside directors.」
The Company continues to describe the combination of the abolition of the directors' and officers' retirement bonus scheme and the performance-linked stock compensation scheme. - FY2017RestatedAnnual report
「At the annual general meeting of shareholders held on 29 June 2016, the Company resolved to make a cutoff payment of retirement bonuses for directors and other officers in connection with the abolition of the directors' and officers' retirement bonus scheme.」
The accounting treatment of the abolition of the directors' and officers' retirement bonus scheme and the cutoff payment is being reconfirmed. - FY2017-Q3RestatedAnnual report
「At the annual general meeting of shareholders held on 29 June 2016, the Company resolved to make a cutoff payment of retirement bonuses for directors and other officers in connection with the abolition of the directors' and officers' retirement bonus scheme. Accordingly, the provision for directors' and officers' retirement bonuses was reversed, and the unpaid portion of the cutoff payment, ¥548 million, is presented as long-term unpaid expenses under "Other" in non-current liabilities.」
The accounting treatment of the abolition of the directors' and officers' retirement bonus scheme and the ¥548 million unpaid portion is being reconfirmed. - FY2017-Q2RestatedAnnual report
「At the annual general meeting of shareholders held on 29 June 2016, the Company resolved to make a cutoff payment of retirement bonuses for directors and other officers in connection with the abolition of the directors' and officers' retirement bonus scheme. Accordingly, the provision for directors' and officers' retirement bonuses was reversed, and the unpaid portion of the cutoff payment, ¥548 million, is presented as long-term unpaid expenses under "Other" in non-current liabilities.」
The accounting treatment of the abolition of the directors' and officers' retirement bonus scheme and the recognition of ¥548 million in unpaid expenses is being reconfirmed. - FY2017-Q1First statedAnnual report
「At the annual general meeting of shareholders held on 29 June 2016, the Company resolved to make a cutoff payment of retirement bonuses for directors and other officers in connection with the abolition of the directors' and officers' retirement bonus scheme. Accordingly, the provision for directors' and officers' retirement bonuses was reversed, and the unpaid portion of the cutoff payment, ¥548 million, is presented as long-term unpaid expenses under "Other" in non-current liabilities.」
The annual general meeting of shareholders resolved on a cutoff payment in connection with the abolition of the scheme, and the unpaid portion of ¥548 million is presented as long-term unpaid expenses.