Introduction of a Restricted Stock Compensation Plan and Abolition of the Retirement Bonus Scheme
First written in FY2021. 8 of 14 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2027-H1.
42 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「The number of treasury shares decreased by 4,140 shares as a result of the disposal of treasury shares as restricted stock compensation carried out on 7 August 2026.」
The Company disposed of 4,140 treasury shares as restricted stock compensation on 7 August 2026. - FY2026AchievedAnnual report
「On 8 August 2025, the Company granted 4,337 common shares to 5 directors as performance-based restricted stock compensation, conditional on consolidated operating profit for the fiscal year described in the securities report for the Company's 98th fiscal period (the fiscal year ending March 2026) being at least ¥15.0 billion.」
FY2026 consolidated operating profit was ¥21.327 billion, achieving the performance target of at least ¥15.0 billion for the 2025 pre-grant plan. In addition, the Company disposed of 6,306 treasury shares for directors and 1,263 shares for the employees' shareholding association. - 2026-05-13AdvancedRevision to earnings forecast
「自己株式の処分による減少6,306株、従業員持株会向け譲渡制限付株式インセンティブとしての自己株式の処分による減少1,263株であります。」
譲渡制限付株式報酬および従業員持株会向けインセンティブについて、年度決算での自己株式処分実績を追加した。 - FY2026-H1AdvancedAnnual report
「The number of treasury shares decreased by 6,306 shares as a result of the disposal of treasury shares conducted on 8 August 2025 as restricted stock compensation. It also decreased by 762 shares as a result of the disposal of treasury shares conducted on 25 April 2025 as a restricted stock incentive for the employees' shareholding association.」
The company added the disposal of 6,306 shares for directors as restricted stock compensation and 762 shares as an incentive for the employees' shareholding association. - FY2025AchievedAnnual report
「The transfer restrictions on all of these shares will be lifted when the transfer restriction period expires, provided that consolidated operating profit for the fiscal year described in the securities report for the Company's 97th fiscal period (the fiscal year ended March 2025) was at least ¥13.1 billion (the performance target).」
The performance target for the 2024 pre-grant performance-based plan was consolidated operating profit of at least ¥13.1 billion. As FY2025 consolidated operating profit was ¥18.829 billion, the performance target was achieved. During FY2025, 6,845 shares were disposed of to 6 directors. - FY2025-H1AdvancedAnnual report
「The number of treasury shares decreased by 6,845 shares as a result of the disposal of treasury shares conducted on 2 August 2024 as restricted stock compensation.」
The company added the disposal on 2 August 2024 of 6,845 treasury shares under the restricted stock compensation plan. - FY2024AdvancedAnnual report
「At a meeting of the Board of Directors held on 12 May 2023, the Company decided to partially revise the plan to further strengthen incentives for sustainably increasing corporate value and promote value sharing with shareholders. Specifically, it will newly introduce performance-based restricted stock compensation, conditional on achieving consolidated ROE of at least 8.5% for the fiscal year described in the securities report for the Company's 96th fiscal period (the fiscal year ended March 2024).」
For performance-based restricted stock compensation, the specific performance condition was set as consolidated ROE of at least 8.5% for FY2024, with achievement serving as the condition for lifting the restrictions. The Company also disposed of 6,306 shares to 6 directors. - FY2024-Q1RaisedAnnual report
「At a meeting of the Board of Directors held on 12 May 2023, the Company decided to partially revise its compensation plan for directors, excluding outside directors, to further strengthen incentives for sustainably increasing corporate value and promote value sharing with shareholders. To strengthen the linkage between directors' compensation and the Company's performance, it newly introduced performance-based restricted stock compensation, under which the lifting of transfer restrictions is conditional on achieving performance targets set in advance by the Board of Directors, and disposed of 6,306 common shares to 6 directors, excluding outside directors.」
The company revised its restricted stock compensation plan and newly introduced performance-based restricted stock compensation in addition to the existing service-based plan. It strengthened the linkage between compensation and performance targets and granted and disposed of 6,306 shares to 6 directors. - FY2023-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 8 July 2022, the Company resolved to dispose of treasury shares as described below, and the payment procedures were completed on 5 August 2022. The Company disposed of 4,022 common shares to 6 directors, excluding outside directors.」
Under the restricted stock compensation plan, 4,022 shares were disposed of to 6 directors, and the payment procedures were completed on 5 August 2022. - FY2022RaisedAnnual report
「At a meeting of the Board of Directors held on 10 February 2022, the Company resolved to introduce a plan to grant restricted stock to its employees through the 上村工業 Employees' Shareholding Association.」
The company expanded eligibility for restricted stock compensation from directors to employees and introduced a restricted stock incentive plan through the employees' shareholding association. It also disposed of 3,802 treasury shares for directors and 1,160 shares for employees. - FY2022-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 9 July 2021, the Company resolved to dispose of treasury shares as described below, and the payment procedures were completed on 6 August 2021. The Company disposed of 3,802 common shares to 6 directors, excluding outside directors.」
Under the restricted stock compensation plan, 3,802 shares were disposed of to 6 directors, and the payment procedures were completed on 6 August 2021. A lump-sum payment associated with the abolition of the directors' retirement bonus plan was also approved, and a ¥255 million provision was transferred to long-term accounts payable. - FY2021First statedAnnual report
「The total amount of monetary claims to be paid to eligible directors under this plan will not exceed ¥30 million per year, and the total number of common shares newly issued or disposed of by the Company will not exceed 10,000 shares per year.」
The company resolved and approved a policy to introduce a restricted stock compensation plan and abolish the directors' retirement bonus plan, with the aim of sustainably increasing corporate value and sharing value with shareholders.