Stock Options Linked to Operating Profit Levels
First written in FY2016. 1 of 4 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2020: 2 of 16 companies on the "Worse" side.
12 other companies' latest entry also says "Other".
- FY2019Operating profit target not achieved (target period ended)Annual report
「As a result, the Group's performance for the consolidated fiscal year under review was revenue of ¥954.7 billion, up 6.4% from the previous consolidated fiscal year, and operating profit of ¥140.5 billion, down 24.4%.」
Operating profit for the fiscal year ended March 2019 was ¥140.5 billion, below the ¥250 billion and ¥330 billion targets for the stock options. - FY2018RestatedAnnual report
「Operating profit of ¥185.8 billion (down 3.2% from the previous consolidated fiscal year)」
Full-year operating profit was ¥185.8 billion, below the ¥250 billion and ¥330 billion targets, and the targets for the stock options linked to operating profit continued not to be met. - FY2017Operating profit target not achievedAnnual report
「Operating profit of ¥192 billion (down 14.6% from the previous consolidated fiscal year)」
Operating profit for the fiscal year ended March 2017 was ¥192 billion, below the ¥250 billion and ¥330 billion targets for the stock options. - FY2016First statedAnnual report
「If operating profit exceeded ¥330 billion in any fiscal year from the fiscal year ended March 2015 through the fiscal year ended March 2019, the holder of the stock acquisition rights could exercise them from the first day of the month following the date on which the securities report for the fiscal year in which that operating profit level was first achieved was filed through the final day of the exercise period.」
The Company disclosed multiple schemes covering the period from the fiscal year ended March 2015 through the fiscal year ended March 2019, with operating profit targets of ¥250 billion and ¥330 billion.