Introduction of a Stock Compensation Trust (J-ESOP) for Employees
First written in FY2023-Q3. 1 of 6 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2027-H1.
18 other companies' latest entry also says "Other".
- FY2027-H1Update to the number of shares held in trust under J-ESOPAnnual report
「The carrying amount and number of shares of the treasury stock were ¥497,360 thousand and 1,464,980 shares, respectively, at the end of the previous consolidated fiscal year, and ¥408,865 thousand and 1,204,317 shares, respectively, at the end of the interim consolidated accounting period.」
Shares held in trust under J-ESOP decreased from 1,464,980 shares to 1,204,317 shares through benefits paid and other transactions. - FY2025Update on Shares Held in TrustAnnual report
「Decrease due to benefits provided under the Employee Stock Benefit Trust (J-ESOP): 364 shares」
Regarding J-ESOP, the disclosure records a decrease of 364 treasury shares due to benefits provided, bringing the number of shares held by the trust at the end of the fiscal year to 735,936. - FY2024-Q3Update on Shares Held in TrustAnnual report
「The company has introduced an officer stock benefit trust (BBT) and an employee stock benefit trust (J-ESOP). In calculating quarterly earnings per share, the company includes the shares held by these trusts among treasury shares deducted from the weighted-average number of shares outstanding during the period. The weighted-average number of such treasury shares deducted in calculating quarterly earnings per share was 123,200 shares for the first 3 quarters of the previous consolidated fiscal year and 851,233 shares for the first 3 quarters of the current consolidated fiscal year.」
The Stock Benefit Trust, including J-ESOP, continues to be applied, and the weighted-average number of shares held by the trust deducted for calculation purposes was updated to 851,233 shares. - FY2024-Q2Update on Shares Held in TrustAnnual report
「The company has introduced an officer stock benefit trust (BBT) and an employee stock benefit trust (J-ESOP). In calculating quarterly earnings per share, the company includes the shares held by these trusts among treasury shares deducted from the weighted-average number of shares outstanding during the period. The weighted-average number of such treasury shares deducted in calculating quarterly earnings per share was 123,200 shares for the first 2 quarters of the previous consolidated fiscal year and 853,300 shares for the first 2 quarters of the current consolidated fiscal year.」
The Stock Benefit Trust, including J-ESOP, continues to be applied, and the weighted-average number of shares held by the trust deducted for calculation purposes was updated to 853,300 shares. - FY2024-Q1AdvancedAnnual report
「The Company has introduced the Stock Benefit Trust (BBT) for directors and the Stock Benefit Trust (J-ESOP) for employees. In calculating quarterly earnings per share, shares of the Company held by these trusts are included in treasury shares deducted from the weighted-average number of shares outstanding during the period (123,200 shares for the first quarter of the previous consolidated fiscal year and 859,500 shares for the first quarter of the current consolidated fiscal year).」
The disclosure states that, following the resolution to introduce J-ESOP, the 859,500 shares actually held by the trust were deducted in calculating earnings per share. - FY2023-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 10 February 2023, we resolved to introduce an incentive plan, the Stock Benefit Trust (J-ESOP), under which shares of the Company will be granted to executive officers and employees. The plan is intended to strengthen the linkage between the Company's share price and performance and the compensation of executive officers and employees (hereinafter, “employees, etc.”), share the economic benefits with shareholders, and enhance employees' motivation and morale to improve the share price and performance.」
At its meeting on 10 February 2023, the Board of Directors resolved to introduce the Stock Benefit Trust (J-ESOP) for executive officers and employees. The plan is positioned as a human capital investment that encourages employees to share the perspective of shareholders and increases their motivation to improve the share price and performance, with shares and other benefits granted according to points awarded.