Performance-Linked Incentive Scheme Using a Market-Value Stock Acquisition Rights Trust
First written in FY2020-Q1. 2 of 3 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2025-H1.
The whole theme swung hardest in 2023: 1 of 10 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「Resolution date: 14 June 2024; categories and number of eligible recipients (people): 1 director of the company, 6 subsidiary employees; number of stock acquisition rights: 1,100 (Note 1); class, details and number of shares underlying the stock acquisition rights: common shares, 110,000 (Note 1); exercise period for the stock acquisition rights: 1 July 2027 to 18 July 2034 (Note 3)」
In connection with the performance-linked incentive plan using a trust for market-value-issued stock acquisition rights, stock acquisition rights issued on 22 July 2024 were specifically issued to directors and subsidiary employees. - FY2020-Q2AdvancedAnnual report
「The stock acquisition rights issued under the Companies Act during the second quarter accounting period were as follows.」
The 7th Series of Stock Acquisition Rights was issued on 26 August 2019, covering 612,500 common shares, with an exercise period from 1 July 2020 to 25 August 2029. The trust-based incentive plan introduced in Q1 progressed to the specific issuance stage. - FY2020-Q1First statedAnnual report
「To maintain and improve the motivation of our officers and employees and provide incentives for increasing corporate value over the medium to long term, we entered into an agreement to establish a trust for market-value-issued stock acquisition rights, with our representative director and president, Miyashita Koji (宮下幸治), as settlor and Ishio Hajime (石尾肇) as trustee, and will implement an incentive plan using the market-value-issued stock acquisition rights trust®.」
A trust-based incentive plan was introduced under which stock acquisition rights will be distributed in the future according to the contributions of officers and employees. Evaluation and distribution will be based on contributions through the future distribution date, and the plan is also intended to attract outstanding talent.