Director incentives and sharing value with shareholders through a restricted stock compensation plan
First written in FY2024. 1 of 2 entries say "Advanced", first in FY2025-H1. Latest entry: FY2025-H1.
- FY2025-H1AdvancedAnnual report
「17 January 2025: Increase due to the issuance of new shares as restricted stock compensation. Issue price: ¥812. Capitalization amount: ¥406. Allottees: 5 company directors」
Under the restricted stock compensation program, 25,000 new shares were issued to 5 directors, moving the program from adoption to the actual grant of shares. - FY2024First statedAnnual report
「This program is for the company’s directors, excluding outside directors, and is intended to provide incentives for the sustainable enhancement of corporate value and promote greater sharing of value with shareholders. Under the program, the total amount of the company’s common shares or monetary claims granted to eligible directors will be no more than ¥100 million per year, excluding the employee salary component of directors who also serve as employees, and the total number of common shares newly issued or disposed of by the company will be no more than 100,000 shares per year.」
Following resolutions by the board of directors in November 2024 and the general meeting of shareholders in December 2024, the company introduced restricted stock compensation for directors in place of director stock options. The program is intended to incentivize sustainable enhancement of corporate value and share value with shareholders, with annual limits of ¥100 million and 100,000 shares.