Sharing Value with Shareholders through Equity Compensation for Directors
First written in FY2021. 3 of 6 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2026-H1.
- FY2026-H1ReframedAnnual report
「During the interim accounting period, the stock acquisition rights issued pursuant to the Companies Act were as follows.」
After ending new allocations of restricted stock, the company issued the 12th and 13th stock acquisition rights for directors, employees and others in July 2025, shifting the means of equity compensation and incentives to stock acquisition rights. The 12th series carries an exercise condition requiring operating profit of more than ¥1 billion. - FY2025SoftenedAnnual report
「In addition, for the purpose of changing to a more appropriate compensation structure, the allocation of new restricted stock under the restricted stock compensation plan ended on 26 June 2023.」
New allocations of restricted stock for the purpose of sharing value with shareholders have ended, and the means of providing equity compensation have been reorganized around stock options and other instruments. - FY2024-Q1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors meeting held on 26 June 2023, new shares (restricted stock) were issued as of 26 July 2023, with monetary compensation receivables of ¥5,907,125 used as the contribution property. The total number of issued shares increased by 19,625 to 15,859,128.」
For restricted stock compensation for directors, the company proceeded with the specific implementation of issuing 19,625 shares funded by monetary compensation receivables of ¥5,907,125. - FY2023-Q1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors meeting held on 27 June 2022, new shares (restricted stock) were issued as of 27 July 2022, with monetary compensation receivables of ¥4,589,750 used as the contribution property. The total number of issued shares increased by 18,359 to 15,763,503.」
For restricted stock compensation for directors, the company proceeded with the specific implementation of issuing an additional 18,359 shares funded by ¥4,589,750. - FY2022-Q1AdvancedAnnual report
「As of 28 July 2021, new shares (restricted stock) were issued with monetary compensation receivables of ¥6,886,656 used as the contribution property. The total number of issued shares increased by 12,544 to 15,670,644.」
For restricted stock compensation for directors, the company proceeded from stating the policy to the actual issuance of shares. - FY2021First statedAnnual report
「To promote initiatives aimed at enhancing corporate value over the medium to long term and further sharing value with shareholders, the company provides directors with its common shares subject to a specified transfer restriction period.」
The company stated its policy of structuring director compensation as base compensation and equity compensation, and promoting the enhancement of corporate value over the medium to long term and value sharing with shareholders through the issuance of restricted stock.