Linking Officer Compensation to Shareholder Value Through a Share-Based Compensation Scheme
First written in FY2019. 3 of 8 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2026.
7 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「82,100 common shares (27 August 2024, additionally acquired by the Trust)」
The company is continuing its stock-based compensation plan for directors and reviewing the mechanism for delivering shares through a trust, as well as the status of shares held. - FY2025-H1AdvancedAnnual report
「The Board of Directors resolved at its meeting held on 30 April 2024 to continue the plan and at its meeting held on 8 August 2024 to dispose of treasury shares on 27 August 2024.」
In addition to continuing the share-based compensation plan for executives, the Company resolved to dispose of treasury shares on 27 August 2024, increasing the shares held by the trust from 183 thousand to 224 thousand. - FY2024RaisedAnnual report
「Based on a resolution at the 94th Annual General Meeting of Shareholders and a resolution of the Board of Directors dated 30 April 2024, the plan period has been extended by 5 years, through the conclusion of the Annual General Meeting of Shareholders to be held in June 2029.」
The coverage period of the share-based compensation plan for executives was extended by 5 years, from June 2024 to the conclusion of the Annual General Meeting of Shareholders to be held in June 2029. - FY2022AdvancedAnnual report
「At a meeting of the Board of Directors held on 8 February 2022, the Company resolved to dispose of 225,600 treasury shares through a third-party allotment, and executed the transaction on 1 March of the same year.」
In connection with the share-based compensation plan for directors, executive officers and employees, a third-party allotment disposal of 225,600 treasury shares was executed on 1 March 2022. - FY2021RestatedAnnual report
「Under this plan, a trust established by the Company through the contribution of funds (the “Trust”) will acquire the Company's shares, and the number of Company shares corresponding to the number of points granted by the Company to each director will be delivered to each eligible director through the Trust.」
The mechanism linking executive compensation to share value through a trust-based plan is reaffirmed. - FY2020-Q3RestatedAnnual report
「The Company has introduced a share-based compensation plan to clarify the link between compensation for the Company's directors, excluding outside directors, and executive officers, as well as directors and executive officers of the Company's major subsidiaries, collectively referred to as the “Directors, etc.”, and the Company's share value, and to heighten their awareness of contributing to improved medium- to long-term performance and increased corporate value by sharing with shareholders the gains and risks arising from fluctuations in the share price.」
The purpose of the share-based compensation plan and its mechanism for heightening awareness of improving medium- to long-term performance and corporate value through linkage with share value are reaffirmed. - FY2020-Q1AdvancedAnnual report
「This disposal of treasury shares will be made to Sumitomo Mitsui Trust Bank, Limited (Trust Account), the trustee of the trust established to introduce the share-based compensation plan (re-trustee: Japan Trustee Services Bank, Ltd. (Trust Account)).」
Following the resolution to introduce the share-based compensation plan, the procedure was approved for disposing of 208,201 treasury shares to the trust on 23 August 2019, for a total disposal price of ¥329,998,585. - FY2019First statedAnnual report
「The purpose of this plan is to clarify the link between directors' compensation 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 gains and risks arising from fluctuations in the share price.」
Following approval at the June 2019 shareholders' meeting, a trust-based share-based compensation plan will be introduced. The plan will cover approximately 5 years, with the trust fund capped at ¥160 million for the Company and shares to be delivered to directors, executive officers and others.