Performance-Linked Stock Compensation Plan Linked to Vision2020
First written in FY2017. 6 of 19 entries say "Advanced", first in FY2018. Latest entry: 2026-06-25.
The whole theme swung hardest in 2023: 6 of 39 companies on the "Worse" side.
32 other companies' latest entry also says "Advanced".
- 2026-06-25AdvancedShare Issuance and Disposal
「This disposal of treasury shares will be made pursuant to a resolution of the Board of Directors meeting held on 25 June 2026 as share-based compensation for the fiscal years ended March 2024 through March 2026 under this plan.」
For the performance-linked share compensation plan, the disposal of 41,400 treasury shares to 4 directors and 5 executive officers for the covered period from the fiscal year ended March 2024 through the fiscal year ended March 2026 was approved. The plan progressed from disclosure of planned revisions to performance metrics and compensation caps to the actual delivery of shares. - FY2026RaisedAnnual report
「Under the planned revision, the performance target metrics are scheduled to change from evaluation based on consolidated net sales and consolidated operating profit in the final fiscal year of the previous medium-term management plan to evaluation based on consolidated net sales, consolidated operating profit, consolidated return on equity (ROE) and an engagement index during the Plan Period. In addition, the total amount of monetary compensation claims and cash to be paid to directors and others is scheduled to be capped at ¥300 million, while the total number of the Company's common shares to be delivered is scheduled to be capped at 100,000 shares.」
The performance-linked stock compensation plan is scheduled to be revised by expanding the performance metrics from net sales and operating profit to 4 metrics, including ROE and the engagement index, and raising the cap on monetary compensation, etc. from ¥200 million to ¥300 million. - FY2025-H1Updated the stock compensation provision balanceAnnual report
「Stock compensation provision 60,950 83,956」
The stock compensation provision related to the stock compensation plan increased from ¥60.95 million at the end of the previous consolidated fiscal year to ¥83.956 million at the end of the interim period. - FY2024Updated the record of treasury share disposals under the performance-linked stock compensation planAnnual report
「Other items for the fiscal year (disposal of treasury shares under the stock compensation plan) consist of the disposal of treasury shares carried out on 25 July 2023 as performance-linked stock compensation.」
The performance-linked stock compensation plan was implemented through the disposal of 109,200 treasury shares on 25 July 2023. Non-monetary compensation, etc. for the fiscal year amounted to ¥54.601 million. - FY2024-Q3Updated the stock compensation provision balanceAnnual report
「Stock compensation provision 125,148 - - 31,553」
The stock compensation provision decreased from ¥125.148 million as a current liability at the end of the previous consolidated fiscal year to zero as a current liability and ¥31.553 million as a non-current liability at the end of the third quarter. - FY2024-Q2Updated the current/non-current classification of the stock compensation provisionAnnual report
「Stock compensation provision 125,148 - - 15,438」
The stock compensation provision decreased from ¥125.148 million as a current liability at the end of the previous consolidated fiscal year and was recognized as a non-current liability of ¥15.438 million at the end of the second quarter. - FY2024-Q1Updated the current/non-current classification of the stock compensation provisionAnnual report
「Stock compensation provision 125,148 - - 6,799」
The stock compensation provision decreased from ¥125.148 million as a current liability at the end of the previous consolidated fiscal year and was recognized as a non-current liability of ¥6.799 million at the end of the first quarter. - FY2023AdvancedAnnual report
「This is a performance-linked stock compensation plan, consisting of a 3-fiscal-year plan period corresponding to the Company's medium-term management plan (the 'Plan Period'), under which monetary compensation claims for the delivery of the Company's common shares and cash to secure funds for tax payments are delivered to directors and others as compensation for the Plan Period, according to the degree of achievement of the Company's performance targets in the final fiscal year of the Plan Period. The plan is a performance share unit plan.」
The performance-linked stock compensation plan was defined as a performance share unit plan linked to achievement of the performance targets for the final year of the medium-term plan, and non-monetary compensation, etc. of ¥44.06 million was recognized for the fiscal year. - FY2023-Q3Updated the stock compensation provision balanceAnnual report
「Stock compensation provision - 84,177」
The stock compensation provision was recognized as a current liability of ¥84.177 million at the end of the third quarter, compared with ¥62.75 million as a non-current liability at the end of the previous consolidated fiscal year. - FY2023-Q2Updated the amount transferred to the stock compensation provisionAnnual report
「Amount transferred to stock compensation provision - ¥ thousand 16,180 ¥ thousand」
In connection with the performance-linked stock compensation plan, an amount of ¥16.18 million transferred to the stock compensation provision for the cumulative second-quarter period was disclosed. At the quarter-end, a stock compensation provision of ¥78.93 million was recognized as a current liability. - FY2023-Q1Updated the stock compensation provision balanceAnnual report
「Stock compensation provision 62,750 67,027」
The stock compensation provision increased from ¥62.75 million at the end of the previous consolidated fiscal year to ¥67.027 million at the end of the first quarter. - FY2022AdvancedAnnual report
「Total R&D expenses included in selling, general and administrative expenses were as follows: Fiscal year 336 ¥ thousand」
The relevant performance-linked stock compensation plan was in the implementation and recognition phase. The amount transferred to the stock compensation provision during the fiscal year was ¥62.75 million, and non-monetary compensation, etc. paid to directors amounted to ¥44.504 million. - FY2021AdvancedAnnual report
「Other items for the fiscal year (disposal of treasury shares under the stock compensation plan) consist of the disposal of treasury shares carried out on 7 July 2020 as stock compensation.」
The performance-linked stock compensation plan linked to Vision 2023 entered the implementation phase, and 129,700 treasury shares were disposed of on 7 July 2020. Non-monetary compensation, etc. for the fiscal year amounted to ¥129.7 million. - FY2020RaisedAnnual report
「During the plan period, the total amount of monetary compensation claims and cash to be paid to directors and others will be capped at ¥200 million, and the total number of the Company's common shares to be delivered will be no more than 300,000 shares.」
The stock compensation plan linked to Vision2023 was continued, and the cap on monetary compensation claims was raised from ¥150 million to ¥200 million for the combined total of monetary compensation claims and cash. - FY2019RestatedAnnual report
「The plan covers the 3 fiscal years from the fiscal year ended March 2018 through the fiscal year ended March 2020.」
The performance-linked stock compensation plan linked to the period covered by Vision2020 continues to be operated. - FY2018AdvancedAnnual report
「The plan covers the 3 fiscal years from the fiscal year ended March 2018 through the fiscal year ended March 2020, which is the period covered by the medium-term management plan.」
The performance-linked stock compensation plan linked to Vision2020 entered the implementation phase, and a stock compensation provision of ¥37.5 million was recognized. - FY2017First statedAnnual report
「The plan covers the 3 fiscal years from the fiscal year ended March 2018 through the fiscal year ended March 2020, which is the period covered by the medium-term management plan. The performance-linked payout rate is set at 100% for the level corresponding to each director's numerical targets, namely net sales and operating profit, and is determined within a range of 0% to 150% according to the degree of target achievement. During the plan period, the total amount of monetary compensation claims to be delivered to directors and others will be capped at ¥150 million, and the total number of the Company's common shares to be delivered will be 300,000 shares.」
A stock compensation plan was introduced for the 3 fiscal years covered by Vision2020, with the payout rate determined within a range of 0% to 150% according to achievement of the net sales and operating profit targets. The cap on compensation claims is ¥150 million, and the cap on shares to be delivered is 300,000 shares.