Stock Incentives Based on Senior Management’s Financial and Career Commitments
First written in FY2023. 3 of 4 entries say "Advanced", first in FY2025-H1. Latest entry: FY2026-H1.
1 other company's latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「10th Series of Stock Acquisition Rights Categories and number of eligible grantees (people) Representative Director of the Company 1 Employees, including executive officers of the Company 5 Company employees 7 Number of stock acquisition rights (units) * 21,300 (Note) 1」
The grant of 21,300 Tenth Series Stock Acquisition Rights to management executives, employees and others was formalized. The exercise period runs from 1 July 2028 through 7 July 2035, and the exercisable percentage is determined according to the achievement level for net sales of ¥8.3 billion and adjusted EBITDA. - FY2025AdvancedAnnual report
「Categories and number of eligible recipients (people) Company directors: 1 Directors of subsidiaries: 1 Executive officers: 12 Company employees: 33」
The company disclosed the terms of the grant of the Eighth Series Stock Acquisition Rights to 47 directors, subsidiary directors, executive officers and employees, along with performance, market capitalization, listing and continued employment conditions. In addition, after the filing, it resolved to grant the Tenth Series Stock Acquisition Rights to officers and employees, including directors and executive officers. - FY2025-H1AdvancedAnnual report
「Categories and number of eligible recipients (people) Company directors: 1 Directors of subsidiaries: 1 Executive officers: 12 Company employees: 33 Number of stock acquisition rights (units) * 24,214」
The company specifically issued 24,214 Eighth Series Stock Acquisition Rights as equity incentives for 47 management executives, employees and others. Ninth Series Stock Acquisition Rights were also issued to executive officers, with conditions based on performance, market capitalization and other factors, as well as a continued employment requirement. - FY2023First statedAnnual report
「The plan requires participants to make a full financial and career commitment to achieving the targets by imposing a financial commitment, in the form of a lock-up until the conditions are achieved, and a career commitment, in the form of full-time employment until the conditions are achieved.」
In addition to the existing market-value-issued trust-type stock acquisition rights, the company introduced the Eighth and Ninth Series Stock Acquisition Rights for directors, executive officers and employees, combining a lock-up of funds with continued employment until the conditions are achieved. The stated dilution ratio upon full exercise is 7.92%.