Issuance of Stock Options as Equity Compensation
First written in FY2024-Q1. 5 of 7 entries say "Advanced", first in FY2025-H1. Latest entry: FY2027-H1.
- FY2027-H1AdvancedAnnual report
「Resolution date 15 April 2026 Class and number of grantees 5 Company directors 4 Company statutory auditors 14 Company employees Number of warrants* 4,248 Class, description and number of underlying shares* 424,800 common shares」
The 12th Series Warrants, totaling 4,248 warrants representing 424,800 common shares, were issued to 5 directors, 4 statutory auditors and 14 employees. The equity-compensation program provides staged vesting over 1, 2 and 3 years. - FY2026-H1AdvancedAnnual report
「Warrants issued during the interim accounting period were as follows: resolution date, 13 June 2025; class and number of grantees, 2 Company directors and employees; number of warrants, 548; class and number of underlying shares, 54,800 common shares.」
The 11th Series Warrants resolved on 13 June 2025 were issued to 2 directors and employees, comprising 548 warrants representing 54,800 common shares. - FY2025RestatedAnnual report
「Directors’ compensation comprises basic compensation as fixed compensation, directors’ bonuses as monetary compensation other than basic compensation, and stock-option compensation as non-monetary compensation.」
The Company continues its stock-option program for directors, statutory auditors and employees, with compensation determined through the compensation committee framework. - FY2025-H1AdvancedAnnual report
「Warrants issued during the interim accounting period were as follows: resolution date, 18 July 2024; class and number of grantees, 5 Company employees; number of warrants, 458; class and number of underlying shares, 45,800 common shares.」
The 9th Series Warrants resolved on 18 July 2024 were issued to 5 employees, comprising 458 warrants representing 45,800 common shares. - FY2024-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 15 June 2023, the Company resolved, pursuant to Articles 236, 238 and 240 of the Companies Act, to issue warrants as stock options to its directors, including outside directors, statutory auditors and employees, and issued them on 10 July 2023.」
The Company issued equity-compensation stock options to directors, statutory auditors and employees to align them with share-price gains and risks and encourage improved performance, corporate value and social trust. The 1,681 warrants represented 100 common shares each, were allotted on 10 July 2023 and vest in stages over 1, 2 and 3 years.