Promoting employee participation and wealth building through an employee stock ownership association trust-type ESOP
First written in FY2016. 6 of 31 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
36 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The employee stock ownership trust acquires in a lump sum the number of the Company’s shares that the employee stock ownership association is expected to acquire over the next 4 years, using funds raised through borrowings from a trust bank.」
For the ESOP reintroduced in September 2025, the plan had taken concrete shape by the end of the current fiscal year, with 281 thousand shares held in the trust, a carrying amount of ¥1,162 million, and borrowings of ¥1,177 million. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 16 September 2025, the Company resolved to reintroduce the “employee stock ownership plan (ESOP) trust” as part of its employee benefits, with the aim of revitalizing the Group’s employee stock ownership association, promoting the stable asset formation of employees of Group companies (the “Group Employees”), and increasing the Company’s medium- to long-term corporate value by enhancing Group Employees’ sense of participation in management and providing incentives to improve performance.」
Resolved to reintroduce the employee stock ownership plan (ESOP) trust after the previous plan ended. The trust period is scheduled to run from 8 October 2025 through the end of September 2029, and a plan was presented to acquire 319,400 shares for a total of ¥1,320,734,000. - FY2025AdvancedAnnual report
「The employee stock ownership trust acquires in a lump sum the number of the Company’s shares that the employee stock ownership association is expected to acquire over the next 3 years, using funds raised through borrowings from a trust bank. The carrying amount and number of these treasury shares were ¥404 million and 95 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥28 million and 6 thousand shares, respectively, at the end of the current consolidated fiscal year.」
Shares held in the new ESOP trust decreased from 95 thousand at the end of the previous fiscal year to 6 thousand, and the carrying amount decreased from ¥404 million to ¥28 million. Operation of the plan under the 3-year acquisition schedule is nearing completion, but shares remain in the trust. - FY2025-H1Interim-period update of shares held in the trustAnnual report
「Note: Of the shares held by Custody Bank of Japan, Ltd. (Trust Account), 309 thousand shares relate to the executive stock delivery trust and 50 thousand shares relate to the employee stock ownership plan (ESOP) trust. These shares are treated as treasury shares in the interim consolidated financial statements.」
The employee stock ownership plan (ESOP) trust held 50 thousand shares and the executive stock delivery trust held 309 thousand shares, updating the operating status of the existing plans at the end of the interim period. - FY2024Annual update of shares held in trustAnnual 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. The carrying amount and number of these treasury shares were ¥758 million and 179 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥404 million and 95 thousand shares, respectively, at the end of the current consolidated fiscal year.」
For the new employee stock ownership plan (ESOP) trust, the number of shares held in the trust at the end of the fiscal year was 95 thousand and the carrying amount was ¥404 million. - FY2024-Q3Quarterly update of shares held in the trustAnnual report
「Of the shares under “Shares with Full Voting Rights (Other),” 499,800 shares, representing 4,998 voting rights, are held by Custody Bank of Japan, Ltd. (Trust Account) following the introduction of the employee stock ownership plan (ESOP) trust and the executive stock delivery trust.」
Discloses 499,800 shares held in the trust account relating to the employee stock ownership plan (ESOP) trust and the executive stock delivery trust, and updates the operating status of the existing plans. - FY2024-Q2Quarterly update of shares held in the trustAnnual report
「Note: Of the shares held by Custody Bank of Japan, Ltd. (Trust Account), 360 thousand shares relate to the executive stock delivery trust and 139 thousand shares relate to the employee stock ownership plan (ESOP) trust. These shares are treated as treasury shares in the quarterly consolidated financial statements.」
Discloses 139 thousand shares held in the employee stock ownership plan (ESOP) trust and updates the operating status of the existing plan. - FY2024-Q1Quarterly update of shares held in the trustAnnual report
「Of the shares under “Shares with Full Voting Rights (Other),” 552,700 shares, representing 5,527 voting rights, are held by Custody Bank of Japan, Ltd. (Trust Account) following the introduction of the employee stock ownership plan (ESOP) trust and the executive stock delivery trust.」
Discloses 552,700 shares held in the trust account relating to the employee stock ownership plan (ESOP) trust and the executive stock delivery trust, and updates the operating status of the existing plans. - FY2023ReframedAnnual report
「As part of its employee benefits, the Company resolved at a meeting of the Board of Directors held on 11 November 2022 to introduce the “employee stock ownership plan (ESOP) trust” (the “Plan”) to promote the stable asset formation of employees of the Company and its group companies (the “Group Employees”), enhance their motivation to work and their sense of participation in the Company’s management, and thereby increase the Company’s corporate value.」
Introduced a new employee stock ownership plan (ESOP) trust, separate from the previous ESOP that terminated in May 2022, with a 3-year acquisition plan and planned acquisition of 214,600 shares. - FY2022AchievedAnnual report
「The employee stock ownership trust distributed an amount equivalent to the sale proceeds in March 2022 and terminated in May 2022.」
For the employee stock ownership plan (ESOP) trust, an amount equivalent to the sale proceeds was distributed and the plan terminated in May 2022. The Company’s shares remaining in the trust also fell to 0 shares. - FY2022-Q3Quarterly update of shares held in the trustAnnual report
「Of the shares under “Shares with Full Voting Rights (Other),” 462,700 shares, representing 4,627 voting rights, are held by Custody Bank of Japan, Ltd. (Trust Account) following the introduction of the employee stock ownership plan (ESOP) trust and the executive stock delivery trust.」
Discloses 462,700 shares held in the trust account relating to the employee stock ownership plan (ESOP) trust and the executive stock delivery trust, and updates the operating status of the existing plans. - FY2022-Q2Quarterly update of shares held in the trustAnnual report
「Note: Of the shares held by Custody Bank of Japan, Ltd. (Trust Account), 89 thousand shares relate to the employee stock ownership plan (ESOP) trust and 373 thousand shares relate to the executive stock delivery trust. All of these shares are treated as treasury shares in the quarterly consolidated financial statements.」
Discloses 89 thousand shares held in the employee stock ownership plan (ESOP) trust and updates the operating status of the existing plan. - FY2022-Q1Quarterly update of shares held in the trustAnnual report
「Of the shares under “Shares with Full Voting Rights (Other),” 496,900 shares, representing 4,969 voting rights, are held by Custody Bank of Japan, Ltd. (Trust Account) following the introduction of the employee stock ownership plan (ESOP) trust and the executive stock delivery trust.」
Discloses 496,900 shares held in the trust account relating to the employee stock ownership plan (ESOP) trust and the executive stock delivery trust, and updates the operating status of the existing plans. - FY2021Annual update of shares held in trustAnnual 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. The carrying amount and number of these treasury shares were ¥293 million and 306 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥202 million and 210 thousand shares, respectively, at the end of the current consolidated fiscal year.」
For the employee stock ownership plan (ESOP) trust, discloses 210 thousand shares held in the trust and a carrying amount of ¥202 million at the end of the fiscal year. - FY2021-Q3Update on shares held in trustAnnual report
「Of the shares under “Shares with Full Voting Rights (Other),” 543,200 shares, representing 5,432 voting rights, are held by Custody Bank of Japan, Ltd. (Trust Account) following the introduction of the employee stock ownership plan (ESOP) trust and the executive stock delivery trust.」
Discloses 543,200 shares held in the trust account relating to the employee stock ownership plan (ESOP) trust and the executive stock delivery trust, and updates the operating status of the existing plans. - FY2021-Q2Quarterly update of shares held in the trustAnnual report
「Note: Of the shares held by Custody Bank of Japan, Ltd. (Trust Account), 253 thousand shares relate to the employee stock ownership plan (ESOP) trust and 289 thousand shares relate to the executive stock delivery trust. All of these shares are treated as treasury shares in the quarterly consolidated financial statements.」
Updates the operating status of the existing plan by disclosing 253 thousand shares held in the employee stock ownership plan (ESOP) trust. - FY2021-Q1Quarterly update of shares held in the trustAnnual report
「Of the shares under “Shares with Full Voting Rights (Other),” 609,900 shares, representing 6,099 voting rights, are held by Japan Trustee Services Bank, Ltd. (Trust Account) following the introduction of the employee stock ownership plan (ESOP) trust and the executive stock delivery trust.」
Discloses 609,900 shares held in the trust account relating to the employee stock ownership plan (ESOP) trust and the executive stock delivery trust, and updates the operating status of the existing plans. - FY2020Annual update of shares held in trustAnnual 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. The carrying amount and number of these treasury shares were ¥369 million and 385 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥293 million and 306 thousand shares, respectively, at the end of the current consolidated fiscal year.」
For the employee stock ownership plan (ESOP) trust, discloses 306 thousand shares held in the trust and a carrying amount of ¥293 million at the end of the fiscal year. - FY2020-Q3Update on shares held in trustAnnual report
「Of the shares under “Shares with Full Voting Rights (Other),” 648,900 shares, representing 6,489 voting rights, are held by Japan Trustee Services Bank, Ltd. (Trust Account) following the introduction of the employee stock ownership plan (ESOP) trust and the executive stock delivery trust.」
Discloses 648,900 shares held in the trust account relating to the employee stock ownership plan (ESOP) trust and the executive stock delivery trust, and updates the operating status of the existing plans. - FY2020-Q2Update on shares held in trustAnnual report
「Of the shares held by Japan Trustee Services Bank, Ltd. (Trust Account), 345 thousand shares relate to the employee stock ownership plan (ESOP) trust and 303 thousand shares relate to the executive stock delivery trust. All of these shares are treated as treasury shares in the quarterly consolidated financial statements.」
As of 30 September 2019, discloses 345 thousand shares held in the employee stock ownership plan (ESOP) trust and updates the operating status of the existing plan. - FY2019-Q3Update on shares held in trustAnnual report
「Of the shares under “Shares with Full Voting Rights (Other),” 787,000 shares, representing 7,870 voting rights, are held by Japan Trustee Services Bank, Ltd. (Trust Account) following the introduction of the employee stock ownership plan (ESOP) trust and the executive stock delivery trust.」
Discloses 787,000 shares held in the trust account relating to the employee stock ownership plan (ESOP) trust and the executive stock delivery trust, and updates the operating status of the existing plans. - FY2019-Q2Update on shares held in trustAnnual report
「Note: Of the shares held by Japan Trustee Services Bank, Ltd. (Trust Account), 434 thousand shares relate to the employee stock ownership plan (ESOP) trust and 352 thousand shares relate to the executive stock delivery trust. All of these shares are treated as treasury shares in the quarterly consolidated financial statements.」
Discloses 434 thousand shares held in the employee stock ownership plan (ESOP) trust and 352 thousand shares held in the executive stock delivery trust, and updates the operating status of the existing plans. - FY2019-Q1Quarterly update of shares held in the trustAnnual report
「Of the shares under “Shares with Full Voting Rights (Other),” 828,200 shares, representing 8,282 voting rights, are held by Japan Trustee Services Bank, Ltd. (Trust Account) following the introduction of the employee stock ownership plan (ESOP) trust and the executive stock delivery trust.」
Discloses 828,200 shares held in the trust account relating to the employee stock ownership plan (ESOP) trust and the executive stock delivery trust, and updates the operating status of the existing plans. - FY2018Annual update of shares held in trustAnnual 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. The carrying amount and number of these treasury shares were ¥520 million and 543 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥450 million and 469 thousand shares, respectively, at the end of the current consolidated fiscal year.」
For the employee stock ownership plan (ESOP) trust, discloses 469 thousand shares held in the trust and a carrying amount of ¥450 million at the end of the fiscal year. - FY2018-Q3Update on shares held in trustAnnual report
「Of the shares under “Shares with Full Voting Rights (Other),” 856,600 shares, representing 8,566 voting rights, are held by Japan Trustee Services Bank, Ltd. (Trust Account) following the introduction of the employee stock ownership plan (ESOP) trust and the executive stock delivery trust.」
Discloses 856,600 shares held in the trust account relating to the employee stock ownership plan (ESOP) trust and the executive stock delivery trust, and updates the operating status of the existing plans. - FY2018-Q2Update on shares held in trustAnnual report
「Of the shares held by Japan Trustee Services Bank, Ltd. (Trust Account), 498 thousand shares relate to the employee stock ownership plan (ESOP) trust and 358 thousand shares relate to the executive stock delivery trust.」
Discloses 498 thousand shares held in the employee stock ownership plan (ESOP) trust and updates the operating status of the existing plan. - FY2018-Q1RestatedAnnual report
「Of the shares classified as “Fully voting shares (Other),” 903,000 shares, representing 9,030 voting rights, are held by Japan Trustee Services Bank, Ltd. (Trust Account) in connection with the introduction of the employee stock ownership association trust-type ESOP and the share delivery trust for officers.」
The Company disclosed 903,000 shares held in the trust account, including shares under the employee stock ownership association trust-type ESOP. This confirms the holdings under existing schemes rather than the introduction of a new scheme. - FY2017AdvancedAnnual report
「This scheme has been introduced for employees of the Company's group who join the CK San-etsu Employee Stock Ownership Association, hereinafter the “employee stock ownership association.” The employee stock ownership association trust has acquired in a lump sum the number of the Company's shares expected to be acquired by the employee stock ownership association over the next 5 years, using funds obtained through borrowings from a trust bank.」
For the employee stock ownership association trust-type ESOP, the Company disclosed the operation of a scheme involving a 5-year acquisition plan and actual trust holdings of 543 thousand shares. - FY2017-Q2AdvancedAnnual report
「Of the shares held by Japan Trustee Services Bank, Ltd. (Trust Account), 360 thousand shares relate to the employee stock ownership association trust-type ESOP and 605 thousand shares relate to the share delivery trust for officers. All of these shares are accounted for as treasury shares in the quarterly consolidated financial statements.」
The Company disclosed that 360 thousand shares were held in the trust account under the employee stock ownership association trust-type ESOP, providing specific details on the scheme's implementation. - FY2017-Q1AdvancedAnnual report
「Of the shares classified as “Fully voting shares (Other),” 137,900 shares, representing 1,379 voting rights, are held by Asset Management Service Trust Bank, Ltd. in connection with the introduction of the “share benefit trust for employees, employee stock ownership association disposal type.”」
The Company disclosed that the trust held 137,900 shares under the employee stock ownership association disposal-type share benefit trust, showing the status of implementation following the introduction of the scheme. - FY2016First statedAnnual report
「The Company resolved to introduce an employee stock ownership association trust-type ESOP to promote stable asset building by employees of the Company's group, enhance their motivation to work and sense of participation in company management, and thereby increase the Company's corporate value.」
A scheme with a 5-year trust period and 673,000 shares scheduled for acquisition by the employee stock ownership association has been introduced.