Enhancing Director and Employee Motivation Through Share Subscription Rights (Stock Options)
First written in FY2020-Q1. 3 of 4 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2021.
- FY2021AdvancedAnnual report
「The decrease in treasury shares resulted from a decrease of 11,850 shares due to the exercise of stock acquisition rights as stock options and a decrease of 6,927 shares due to the disposal of treasury shares as restricted stock compensation.」
For the existing stock acquisition rights scheme, the company has disclosed 11,850 shares exercised and the disposal of 6,927 treasury shares as share-based compensation subject to transfer restrictions. - FY2020AdvancedAnnual report
「Fourth Series Stock Acquisition Rights; resolution date, 15 September 2020; eligible holders and number of people: Company employees, 22; number of stock acquisition rights, 301; number of underlying shares, 30,100; exercise period, from 1 October 2021 to 30 September 2025」
In addition to the existing stock options, the Company issued 301 Fourth Series Stock Acquisition Rights to 22 employees, covering 30,100 shares, with an exercise period from October 2021 to September 2025. - FY2020-Q2AdvancedAnnual report
「During the second-quarter accounting period, the Company issued the following stock acquisition rights. Third Series Stock Acquisition Rights: eligible holders and number of people: Company directors, 3; Company employees, 57. Number of stock acquisition rights, 1,879; number of underlying shares, 187,900; exercise period, from 1 October 2021 to 30 September 2025.」
For the Third Series Stock Acquisition Rights, the Company disclosed the issuance of 1,879 rights to 3 directors and 57 employees, covering 187,900 shares, together with the exercise period. - FY2020-Q1First statedAnnual report
「The Company will issue stock acquisition rights to its directors and employees to further increase their motivation and morale to improve performance and enhance corporate value. (2) Number issued 1,879 (7) Exercise period for the stock acquisition rights From 1 October 2021 to 30 September 2025. ① From 1 October 2021 to 30 September 2022: 30% of the number of stock acquisition rights allocated ② From 1 October 2022 to 30 September 2023: 60% of the number of stock acquisition rights allocated, including the number specified in ① ③ From 1 October 2023 onward: 100% of the number of stock acquisition rights allocated, including the numbers specified in ① and ②」
The Company issued 1,879 stock acquisition rights to directors and employees. The exercise period runs from 1 October 2021 to 30 September 2025, with the exercisable amount phased at 30%, 60% and 100%.