Introduction of a Performance-Linked Share Compensation Plan
First written in FY2021-Q1. 5 of 13 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026.
21 other companies' latest entry also says "Other".
- FY2026Lower balance of trust-held sharesAnnual report
「The company's shares remaining in the trust were recorded at ¥256 million, representing 445,707 shares, at the end of the current consolidated fiscal year.」
The structure of the performance-linked stock compensation plan has been maintained, but the shares held by the trust decreased from 514,982 at the end of the previous fiscal year to 445,707. - FY2026-H1Lower balance of trust-held sharesAnnual report
「The contract for this trust was signed and the trust was established on 20 July 2020. 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. At the end of the current interim consolidated fiscal period, the carrying amount and number of these treasury shares were ¥256 million and 445,707 shares, respectively.」
The structure of the performance-linked stock compensation plan has been maintained, but the treasury shares remaining in the trust decreased from ¥295 million and 514,982 shares at the end of the previous fiscal year to ¥256 million and 445,707 shares. - FY2025AdvancedAnnual report
「The contract for this trust was signed and the trust was established on 20 July 2020. 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. At the end of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥295 million and 514,982 shares, respectively. In addition, the company decided to make an additional contribution to the trust pursuant to a resolution of the Board of Directors dated 22 October 2024 and acquired additional shares during the current consolidated fiscal year, resulting in increases in the carrying amount and number of shares from the end of the previous consolidated fiscal year.」
The company made an additional contribution to the trust under its stock compensation plan for officers, increasing the shares held by the trust to 514,982. - FY2025-H1Lower balance of trust-held sharesAnnual report
「The contract for this trust was signed and the trust was established on 20 July 2020. 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. At the end of the current interim consolidated fiscal period, the carrying amount and number of these treasury shares were ¥144 million and 282,982 shares, respectively.」
The structure of the performance-linked stock compensation plan has been maintained, but the treasury shares remaining in the trust decreased from ¥157 million and 309,090 shares as previously reported to ¥144 million and 282,982 shares. - FY2024-Q2Lower balance of trust-held sharesAnnual report
「The contract for this trust was signed and the trust was established on 20 July 2020. 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. At the end of the second quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥157 million and 309,090 shares, respectively.」
The structure of the performance-linked stock compensation plan has been maintained, but the treasury shares remaining in the trust decreased from ¥177 million and 349,618 shares as previously reported to ¥157 million and 309,090 shares. - FY2024-Q1RestatedAnnual report
「The contract for this trust was signed and the trust was established on 20 July 2020. 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. At the end of the first quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥177 million and 349,618 shares, respectively.」
The company reconfirms the structure of the performance-linked stock compensation plan and the ¥177 million carrying amount and 349,618 shares held by the trust. - FY2023RestatedAnnual 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. At the end of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥177 million and 349,618 shares, respectively.」
The company reconfirms the structure of the performance-linked stock compensation plan and the 177 million yen carrying amount and 349,618 shares held by the trust. - FY2023-Q3AdvancedAnnual report
「The contract for this trust was signed and the trust was established on 20 July 2020. 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. At the end of the third quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥177 million and 349,618 shares, respectively.」
Under the performance-linked stock compensation plan, the shares remaining in the trust are recorded at a carrying amount of ¥177 million, representing 349,618 shares. - FY2022-Q3AdvancedAnnual report
「The contract for this trust was signed and the trust was established on 20 July 2020. 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. At the end of the third quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥177 million and 349,618 shares, respectively. In addition, the company decided to make an additional contribution to the trust pursuant to a resolution of the Board of Directors dated 11 November 2021 and acquired additional shares during the nine-month period, resulting in increases in the carrying amount and number of shares from the end of the previous consolidated fiscal year.」
Under the performance-linked stock compensation plan, additional contributions to the trust were approved and additional shares were acquired on 11 November 2021, increasing the shares held by the trust to a carrying amount of ¥177 million and 349,618 shares. - FY2022-Q2RestatedAnnual report
「The contract for this trust was signed and the trust was established on 20 July 2020. 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. At the end of the second quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥68 million and 127,618 shares, respectively.」
Under the performance-linked stock compensation plan, the shares remaining in the trust are recorded at a carrying amount of ¥68 million, representing 127,618 shares. No material change to the structure of the plan is indicated. - FY2021AdvancedAnnual report
「The performance indicators selected as the basis for calculating the amount or number of performance-linked compensation under the plan for the current consolidated fiscal year are the achievement levels of the KPIs in the medium-term management plan, namely consolidated operating profit and consolidated net sales in the final year of the plan. The reason for selecting these indicators is to encourage directors to contribute to improving performance over the medium to long term and increasing corporate value. The targets for the current consolidated fiscal year were consolidated operating profit of ¥4.7 billion and consolidated net sales of ¥76.3 billion for the fiscal year ending March 2021, and the achievement status is described in "II. Business Overview, 3. Analysis of Financial Position, Operating Results and Cash Flows by Management, (1) Operating Results."」
The company specifies that operating profit of ¥4.7 billion and net sales of ¥76.3 billion under EGG2021 are used as KPIs for calculating performance-linked stock compensation, providing details of the plan's design. - FY2021-Q2AdvancedAnnual report
「The contract for this trust was signed and the trust was established on 20 July 2020. 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. At the end of the second quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥73 million and 137,493 shares, respectively.」
For the performance-linked stock compensation plan, the company reports the trust's establishment on 20 July 2020, the acquisition of 137,493 shares for ¥73 million and their recognition as treasury shares. - FY2021-Q1First statedAnnual report
「The company has introduced a performance-linked stock compensation plan for the company's directors, excluding directors who are Audit and Supervisory Committee members, non-executive directors and outside directors, and for executive officers who do not concurrently serve as directors, excluding persons residing outside Japan (collectively, the "Directors and Other Officers"). Under the plan, a trust established through the company's contribution of cash acquires the company's shares, and shares equivalent to the number of points granted by the company to the Directors and Other Officers are delivered to them through the trust. In principle, the Directors and Other Officers receive the company's shares when they leave office.」
The company has introduced a performance-linked stock compensation plan for directors and executive officers who do not concurrently serve as directors, under which shares are delivered through a trust. In principle, shares are delivered when the recipients leave office.