Performance-linked incentives through an employee share delivery trust
First written in FY2017. 13 of 20 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026.
33 other companies' latest entry also says "Other".
- FY2026Grant conditions not met; no points awarded to employeesAnnual report
「During the fiscal year, net sales were ¥2,641 million and operating income before ESOP deductions was ¥195 million. As these figures did not meet the grant conditions set by the Company, namely net sales of at least ¥4.5 billion and operating income before ESOP deductions of at least ¥500 million, no points were granted under the employee stock delivery trust for the fiscal year.」
The employee stock delivery trust remains in place, but the net sales and operating income conditions were not met, so no points were granted during the fiscal year. - 2026-06-04RestatedGeneral Meetings of Shareholders
「The carrying amount and number of shares of the treasury stock were ¥290,080 thousand and 36,719 shares, respectively, for the fiscal year.」
The company reaffirmed the purpose of its employee stock-delivery trust and the status of the remaining shares. - FY2024AdvancedAnnual report
「Trust period August 2017–August 2025 (scheduled) *The period has been extended by 1 year.」
The trust period for the employee stock delivery trust was extended by 1 year through August 2025. No shares were delivered during the fiscal year. - FY2023AdvancedAnnual report
「Shares delivered during the fiscal year 11,592 shares … Shares held by the employee stock delivery trust at the end of the fiscal year 36,719 shares」
11,592 shares were delivered from the employee stock delivery trust, leaving 36,719 shares at the end of the fiscal year. The trust period was extended through August 2024. - FY2023-Q2AdvancedAnnual report
「The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥381.656 million and 48,311 shares, respectively, at the end of the previous fiscal year, and ¥290.080 million and 36,719 shares, respectively, as of the end of the second quarter of the current fiscal year.」
As stock deliveries from the employee stock delivery trust progressed, the remaining shares decreased from 48,311 to 36,719 and the carrying amount decreased from ¥381.656 million to ¥290.080 million. - FY2023-Q1Revision of grant criteria and extension of the trust periodAnnual report
「Upon expiration of the initial 5-year trust period for the employee stock delivery trust on 30 June 2022, the grant criteria were revised, based on net sales of at least ¥4.5 billion and operating income before ESOP deductions of at least ¥500 million, and the program was extended by 1 year.」
Upon expiration of the trust period, the grant criteria for the employee stock delivery trust were revised to require net sales of at least ¥4.5 billion and operating income before ESOP deductions of at least ¥500 million, and the program was extended by 1 year. - FY2022AdvancedAnnual report
「Shares delivered during the fiscal year 6,293 shares … Shares held by the employee stock delivery trust at the end of the fiscal year 48,311 shares」
6,293 shares were delivered from the employee stock delivery trust, leaving 48,311 shares at the end of the fiscal year. The trust period was also extended by 1 year through August 2023. - FY2022-Q3AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥431.371 million and 54,604 shares, respectively, at the end of the previous fiscal year, and ¥381.656 million and 48,311 shares, respectively, as of the end of the third quarter of the current fiscal year.」
As stock distributions from the employee stock delivery trust progressed, the remaining shares decreased from 54,604 to 48,311 and the carrying amount decreased from ¥431.371 million to ¥381.656 million. - FY2022-Q2AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥431.371 million and 54,604 shares, respectively, at the end of the previous fiscal year, and ¥381.656 million and 48,311 shares, respectively, as of the end of the second quarter of the current fiscal year.」
As deliveries from the employee stock delivery trust progressed, the remaining shares decreased from 54,604 to 48,311 and the carrying amount decreased from ¥431.371 million to ¥381.656 million. - FY2021AdvancedAnnual report
「Shares delivered during the fiscal year: 805 shares. Shares held by the employee stock delivery trust at the end of the fiscal year: 54,604 shares.」
805 shares were delivered from the employee stock delivery trust, leaving 54,604 shares at the end of the fiscal year. - FY2021-Q2AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥437.731 million and 55,409 shares, respectively, at the end of the previous fiscal year, and ¥431.371 million and 54,604 shares, respectively, as of the end of the second quarter of the current fiscal year.」
As stock deliveries from the employee stock delivery trust progressed, the remaining shares decreased from 55,409 to 54,604 and the carrying amount decreased from ¥437.731 million to ¥431.371 million. - FY2020-Q3AdvancedAnnual report
「As 6,479 shares were delivered to employees during the second quarter, the carrying amount and number of these treasury shares were ¥488.915 million and 61,888 shares, respectively, at the end of the previous fiscal year, and ¥437.731 million and 55,409 shares, respectively, as of the end of the third quarter of the current fiscal year.」
6,479 shares were delivered from the employee stock delivery trust, leaving 55,409 shares with a carrying amount of ¥437.731 million. - FY2020-Q2AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥488.915 million and 61,888 shares, respectively, at the end of the previous fiscal year, and ¥437.731 million and 55,409 shares, respectively, as of the end of the second quarter of the current fiscal year.」
As stock deliveries from the employee stock delivery trust progressed, the remaining shares decreased from 61,888 to 55,409 and the carrying amount decreased from ¥488.915 million to ¥437.731 million. - FY2020-Q1RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥488.915 million and 61,888 shares, respectively, at the end of the previous fiscal year and as of the end of the first quarter of the current fiscal year.」
The employee stock delivery trust held 61,888 remaining shares with a carrying amount of ¥488.915 million, unchanged from the end of the previous fiscal year. - FY2019-Q2AdvancedAnnual report
「As 7,037 shares were delivered to employees during the second quarter, the carrying amount and number of these treasury shares were ¥544.507 million and 68,925 shares, respectively, at the end of the previous fiscal year, and ¥488.915 million and 61,888 shares, respectively, as of the end of the second quarter of the current fiscal year.」
7,037 shares were delivered from the employee stock delivery trust, leaving 61,888 shares with a carrying amount of ¥488.915 million. The program has progressed in terms of actual implementation. - FY2019-Q1RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥544.507 million and 68,925 shares, respectively, at the end of the previous fiscal year and as of the end of the first quarter of the current fiscal year.」
For the employee stock delivery trust, the Company continues to disclose a carrying amount of ¥544.507 million and 68,925 shares. - FY2018-Q3RestatedAnnual report
「The carrying amount and number of these treasury shares were ¥544.507 million and 68,925 shares, respectively, as of the end of the third quarter of the current consolidated fiscal year.」
For the employee stock delivery trust, the carrying amount and number of the remaining treasury shares have been restated with the same figures as disclosed for the previous quarter. - FY2018-Q2AdvancedAnnual report
「The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. As of the end of the second quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥544.507 million and 68,925 shares, respectively.」
For the employee stock delivery trust, 68,925 treasury shares with a carrying amount of ¥544.507 million have been disclosed as actual results. - FY2018-Q1AdvancedAnnual report
「(2) Amount to be placed in trust to fund the share acquisition ¥544,507,500 (3) Total number of shares to be acquired 68,925 shares (4) Method of acquiring the shares Acquisition through the disposal of treasury shares by third-party allotment (5) Scheduled acquisition date 25 August 2017」
The company disclosed specific details of the implementation of the Employee Stock Delivery Trust, including acquisition funding of ¥544,507,500, 68,925 shares to be acquired, and the scheduled disposal of treasury shares on 25 August 2017. - FY2017First statedAnnual report
「Based on a resolution adopted at a meeting of the Board of Directors held on 11 May 2017, the company introduced an Employee Stock Delivery Trust as an incentive plan. The plan is intended to raise employees’ awareness of the company’s performance and share price, further promote work aimed at improving performance, and enhance corporate value over the medium to long term.」
The company introduced a trust that will deliver shares based on employees’ positions and the company’s performance, with the planned number of shares to be acquired set at 6,315 and the trust period scheduled to run from August 2017 to August 2022.