Introduction of the employee stock benefit trust (J-ESOP)
First written in FY2024-Q3. 3 of 5 entries say "Restated". Latest entry: FY2026.
21 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Total number of shares scheduled to be acquired by employees 337,000 shares」
J-ESOP continues to operate, with 337 thousand shares held in trust, unchanged from the previous fiscal year. - 2026-05-11RestatedEarnings
「Provision for employee stock benefit 5,389 12,497」
The provision related to the employee stock benefit plan continued to be recognized. - FY2025AdvancedAnnual report
「The carrying amount in the trust of the company's shares held by the trust was ¥99.846 million in the previous fiscal year and ¥131.366 million in the current fiscal year, and is recorded as treasury shares in shareholders' equity. The number of shares held at the end of the fiscal year was 228 thousand shares in the previous fiscal year and 337 thousand shares in the current fiscal year.」
As J-ESOP operations progressed, shares held in trust increased from 228 thousand to 337 thousand. A provision of ¥5.389 million for employee stock benefits was also recorded. - FY2025-H1RestatedAnnual report
「Provision for employee stock benefits － 2,053」
A provision of ¥2.053 million for the employee stock benefit trust was recorded, confirming the continued operation of the employee stock benefit plan. - FY2024-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 9 February 2024, the company resolved to introduce an incentive plan, the Stock Benefit Trust (J-ESOP), under which the company's shares will be awarded to employees. The plan is intended to strengthen the linkage between the company's share price and performance and employee compensation, share the resulting economic benefits with shareholders, and raise employees' motivation and morale to improve the share price and business performance. Amount to be placed in trust for the purchase of shares: ¥100 million; maximum number of shares to be purchased: 337,000; purchase period: from 1 March 2024 to 31 March 2026 (予定).」
The company will introduce J-ESOP, under which employees are awarded points based on factors such as years of service and receive the corresponding number of company shares when certain conditions are met. The trust amount is ¥100 million, the maximum number of shares to be purchased is 337,000, and the purchase period is scheduled to run from 1 March 2024 to 31 March 2026. In connection with the introduction, 62,600 treasury shares will be disposed of to Trust E at ¥377 per share, for a total of ¥23,600,200.