Introducing a Share-Based Compensation Plan
First written in FY2020. 9 of 18 entries say "Advanced", first in FY2021-Q1. Latest entry: 2026-08-04.
15 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Company’s Board of Directors resolved at its meeting held on 30 May 2023 to extend the coverage period of this plan by approximately 3 years, from the close of the 160th Annual General Meeting of Shareholders held on 28 June 2023 to the close of the Annual General Meeting of Shareholders to be held in June 2026, and resolved at its meeting held on 27 February 2026 to extend it through the close of the Annual General Meeting of Shareholders to be held in June 2029.」
The Company resolved to extend the share-based compensation plan for directors and executive officers through June 2029. It also presented a proposed revision to link long-term incentives to ROIC, CO2 emissions intensity, the employee engagement index and the percentage of women in management positions, among other metrics. - 2026-05-27AdvancedGeneral Meetings of Shareholders
「The purpose of this partial amendment is to provide directors with greater incentives to achieve management targets and sustainably enhance corporate value by adding a performance-linked component tied to management targets to the existing plan.」
The existing share-based compensation plan has been specified as a plan linked to the achievement of management targets and other factors, with an applicable period from the end of March 2027 to the end of March 2029, a contribution limit of ¥210 million, and an annual limit of 23,000 points. - FY2026-H1AdvancedAnnual report
「The ordinary shares under “Shares with Full Voting Rights (Other)” include 36,100 shares of the Company held by the trust for the share-based compensation plan for directors and executive officers (361 voting rights) and 31,908 shares held by the trust for the share-based compensation plan for employees (319 voting rights).」
In addition to the plan for directors and executive officers, the Company disclosed 31,908 shares held by the trust for the employee share-based compensation plan. The trust for the directors’ and executive officers’ plan holds 36,100 shares. - FY2025AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors at its meeting held on 27 September 2024, the Company newly introduced a share-based compensation plan for its employees (the “Employees”), using a trust-based share-based compensation structure (a share-delivery trust).」
In addition to the plan for directors and executive officers, the Company established a new share-based compensation plan for employees, specifying a coverage period from November 2024 to May 2027, a contribution of ¥156 million and the planned delivery of 44,200 shares. - FY2024AdvancedAnnual report
「The Company’s Board of Directors resolved at its meeting held on 30 May 2023 to extend the coverage period of this plan by approximately 3 years, from the close of the 160th Annual General Meeting of Shareholders held on 28 June 2023 to the close of the Annual General Meeting of Shareholders to be held in June 2026.」
The Company disclosed that the coverage period of the share-based compensation plan had been extended by approximately 3 years through June 2026, and that the trust holds 39,600 shares. - FY2024-Q3RestatedAnnual report
「The ordinary shares under “Shares with Full Voting Rights (Other)” include 39,600 shares of the Company held by the trust for the share-based compensation plan for directors and executive officers (396 voting rights).」
The 39,600 shares held by the trust for the share-based compensation plan for directors and executive officers have been reconfirmed. - FY2024-Q2Increase in Shares Held by the TrustAnnual report
「The ordinary shares under “Shares with Full Voting Rights (Other)” include 39,600 shares of the Company held by the trust for the share-based compensation plan for directors and executive officers (396 voting rights).」
The trust for the share-based compensation plan for directors and executive officers holds 39,600 shares, up from 27,300 shares in the previous disclosure. - FY2023-Q3RestatedAnnual report
「The common shares classified as "Shares with Full Voting Rights (Other)" include 27,300 Company shares held by the trust associated with the share-based remuneration plan for officers, representing 273 voting rights.」
The 27,300 shares held by the trust associated with the share-based remuneration plan for officers have been reconfirmed. - FY2023-Q2Slight decrease in shares held by the trustAnnual report
「The common shares classified as "Shares with Full Voting Rights (Other)" include 27,300 Company shares held by the trust associated with the share-based remuneration plan for officers, representing 273 voting rights.」
The shares held by the trust associated with the share-based remuneration plan for officers totaled 27,300, a slight decrease from the 28,000 shares disclosed previously. - FY2023-Q1RestatedAnnual report
「The common shares classified as "Shares with Full Voting Rights (Other)" include 28,000 Company shares held by the trust associated with the share-based remuneration plan for officers, representing 280 voting rights.」
The 28,000 shares held by the trust associated with the share-based remuneration plan for officers continue to be disclosed. - FY2022RestatedAnnual report
「During the plan period, approximately 3 years from the end of the 157th Annual General Meeting of Shareholders held on 26 June 2020 through the end of the Company's Annual General Meeting of Shareholders in June 2023, the amount of money contributed by the Company to the trust to fund the acquisition of Company shares required for delivery to Directors, etc. under the plan is capped at ¥150 million in total.」
The plan details, including the plan period, contribution limit and point limit, have been reconfirmed. The shares held by the trust total 28,000. - FY2022-Q3Decrease in shares held in trustAnnual report
「The common shares classified as "Shares with Full Voting Rights (Other)" include 28,000 Company shares held by the trust associated with the share-based remuneration plan for officers, representing 280 voting rights.」
The shares held by the trust associated with the share-based remuneration plan for officers totaled 28,000, a decrease from the 30,000 shares disclosed previously. - FY2022-Q1RestatedAnnual report
「The common shares classified as "Shares with Full Voting Rights (Other)" include 30,000 Company shares held by the trust associated with the share-based remuneration plan for officers, representing 300 voting rights.」
The 30,000 shares held by the trust associated with the share-based remuneration plan for officers continue to be disclosed. - FY2021-Q2AdvancedAnnual report
「The common shares classified as "Shares with Full Voting Rights (Other)" include 30,000 Company shares held by the trust associated with the share-based remuneration plan for officers, representing 300 voting rights.」
It was confirmed that the trust associated with the share-based remuneration plan for officers held 30,000 shares, disclosing the specific shareholding status after the plan was introduced. - FY2021-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 22 May 2020, the Company resolved to introduce a share-based remuneration plan for its directors, excluding outside directors, and executive officers, collectively referred to as "Directors, etc." The introduction of the plan for the Company's directors was approved at the 157th Annual General Meeting of Shareholders held on 26 June 2020. At a Board of Directors meeting held on 6 August 2020, the Company determined matters concerning the acquisition of Company shares by the trustee of the trust established for the plan. Disposal date 26 August 2020 Number of shares disposed of 30,000 common shares of the Company Disposal price ¥3,795 per share Total disposal value ¥113,850,000」
For the share-based remuneration plan, the specific terms of the Board of Directors resolution, Annual General Meeting approval, and the acquisition of treasury shares and disposal through a third-party allotment by the trust were determined. The trust agreement and share disposal were scheduled for 26 August 2020. - FY2020First statedAnnual report
「The purpose of this system is to clarify the link between directors' remuneration and the Company's share value, and to heighten directors' awareness of contributing to improved medium- to long-term performance and increased corporate value by sharing with shareholders the benefits and risks arising from fluctuations in the share price.」
The Company resolved to introduce a trust-type share-based remuneration plan for directors other than outside directors, covering a 3-year period, with a contribution limit of ¥150 million and a limit of 10,000 points per fiscal year.