Introduction of a Restricted Stock Compensation Plan
First written in FY2020-Q1. 10 of 14 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2027-H1.
- FY2027-H1AdvancedAnnual report
「24 July 2026 (Note) 2. This was the issuance of new shares as restricted stock compensation. Issue price: ¥1,906 per share; amount credited to stated capital: ¥953 per share; allottees: 2 directors, 3 directors who are Audit and Supervisory Committee members, 3 executive officers and 12 employees」
Regarding restricted stock compensation, 18,224 shares were issued on 24 July 2026 to directors, directors who are Audit and Supervisory Committee members, executive officers and employees. - FY2026Issuance of the sixth series of stock acquisition rights subject to performance and share price conditionsAnnual report
「If operating income exceeds ¥3,000 million at least once and the six-month average closing price in ordinary trading of the company's common shares is at least ¥5,000 at least once: exercise eligibility 100%」
In addition to the restricted stock compensation plan, the company issued the sixth series of stock acquisition rights in January 2026. It introduced a performance-linked incentive under which the exercise eligibility ratio ranges from 15% to 100%, depending on the achievement of operating income and share price conditions from the fiscal year ending February 2029 through the fiscal year ending February 2035. - FY2026-H1AdvancedAnnual report
「25 July 2025 (Note) 2. This was the issuance of new shares as restricted stock compensation. Issue price: ¥2,333 per share; amount credited to stated capital: ¥1,166.5 per share; allottees: 2 directors, 3 directors who are Audit and Supervisory Committee members, 3 executive officers and 8 employees」
Regarding restricted stock compensation, 13,214 shares were issued on 25 July 2025 to directors, directors who are Audit and Supervisory Committee members, executive officers and employees. - FY2025AdvancedAnnual report
「26 July 2024 (Note) 2. This was the issuance of new shares as restricted stock compensation. Issue price: ¥3,190 per share; amount credited to stated capital: ¥1,595 per share; allottees: 2 directors, 3 executive officers and 1 employee」
Regarding the restricted stock compensation plan, 6,214 shares were issued on 26 July 2024 to 2 directors, 3 executive officers and 1 employee. - FY2025-H1AdvancedAnnual report
「26 July 2024 (Note) 2. This was the issuance of new shares as restricted stock compensation. Issue price: ¥3,190 per share; amount credited to stated capital: ¥1,595 per share; allottees: 2 directors, 3 executive officers and 1 employee」
Regarding the restricted stock compensation plan, 6,214 shares were issued on 26 July 2024 to 2 directors, 3 executive officers and 1 employee. - FY2024-Q2AdvancedAnnual report
「21 July 2023 (Note) 2. This was the issuance of new shares as restricted stock compensation. Issue price: ¥3,060 per share; amount credited to stated capital: ¥1,530 per share; allottees: 3 directors」
Regarding the restricted stock compensation plan, 5,567 shares were actually issued to 3 directors on 21 July 2023. - FY2023AdvancedAnnual report
「Base compensation : Restricted stock compensation : Performance-linked bonuses = 7 : 2 : 1」
Director compensation is operated as a combination of base compensation, restricted stock compensation and performance-linked bonuses. In the current fiscal year, the company recorded ¥8.5 million in performance-linked bonuses and ¥14.2 million in restricted stock compensation. Consolidated net income is used as the performance metric for performance-linked bonuses. - FY2023-Q2AdvancedAnnual report
「22 July 2022 (Note) 2. This was the issuance of new shares as restricted stock compensation. Issue price: ¥2,062 per share; amount credited to stated capital: ¥1,031 per share; allottees: 3 directors」
Regarding the restricted stock compensation plan, 8,262 shares were actually issued to 3 directors on 22 July 2022. - FY2022ReframedAnnual report
「Base compensation : Restricted stock compensation : Performance-linked bonuses = 7 : 2 : 1」
The company has reorganized its director compensation system from the previous restricted stock compensation plan into a system combining base compensation, restricted stock compensation and performance-linked bonuses, and has presented a framework under which decisions are made following recommendations from the Nomination and Compensation Committee established in May 2022. - FY2021RestatedAnnual report
「Separately, at the 20th Annual General Meeting of Shareholders held on 29 May 2019, the company resolved to provide compensation for the grant of restricted stock of up to ¥100 million per year, including up to ¥20 million per year for outside directors.」
The company reconfirmed the restricted stock compensation plan and its compensation framework. - FY2020-Q2AdvancedAnnual report
「19 July 2019 (Note) 1. This was the issuance of new shares as restricted stock compensation. Issue price: ¥15,530 per share; amount credited to stated capital: ¥7,765 per share; allottees: 3 directors」
Regarding the restricted stock compensation plan approved in the previous quarter, 95 shares were actually issued to 3 directors on 19 July 2019. - FY2020-Q1First statedAnnual report
「The company resolved to introduce a restricted stock compensation plan for its directors as a new compensation scheme, with the aim of providing them with incentives to sustainably enhance the company's medium- to long-term corporate value and shareholder value and to promote greater value sharing with shareholders.」
The company indicated a policy of introducing a restricted stock compensation plan for directors. The disclosure specifies compensation receivables of up to ¥100 million per year, a transfer restriction period of at least 3 years, and the allocation of 95 shares to 3 directors.