Stock Option Targets with Performance and Share Price Conditions
First written in FY2016. 2 of 3 entries say "Achieved", first in FY2017. Latest entry: FY2022.
The whole theme swung hardest in 2020: 2 of 10 companies on the "Worse" side.
3 other companies' latest entry also says "Achieved".
- FY2022AchievedAnnual report
「The exercise period for the share options resolved at the Board of Directors meeting held on 25 December 2015 expired on 31 December 2021.」
The exercise period for the previous performance- and share price-based stock options expired, ending the period during which the options could be exercised. - FY2017AchievedAnnual report
「The holders may exercise these share options only if operating income exceeds ¥1.35 billion in the company's consolidated income statement. During the period from 1 January 2017 to 31 December 2021, the holders may exercise these share options only if the closing price in ordinary trading of the company's common shares on a financial instruments exchange exceeds ¥2,000 at least once.」
Operating income was ¥2,054 million in the current fiscal year, and the share price reached a high of ¥4,115 during the year. The exercise of 18,000 shares under the sixth series of share options indicates that the performance and share price conditions were met. - FY2016First statedAnnual report
「The holders of the share options may exercise these share options only if operating income exceeds ¥1.35 billion in the consolidated income statement included in the annual securities report for the fiscal year ended September 2016 filed by the company under the Financial Instruments and Exchange Act. During the period from 1 January 2017 to 31 December 2021, the holders may exercise these share options only if the closing price in ordinary trading of the company's common shares on a financial instruments exchange exceeds ¥2,000 at least once.」
For the 2016 stock options, the exercise conditions were operating income exceeding ¥1.35 billion and a share price exceeding ¥2,000 during the period from 2017 to 2021.