Introduction of an Employee Stock Delivery Trust Scheme
First written in FY2024-Q1. 1 of 3 entries say "Achieved", first in FY2024-Q2. Latest entry: FY2025-H1.
7 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「The company's shares remaining in the Trust are recorded as treasury stock in net assets at their carrying amount in the Trust. At the end of the previous consolidated fiscal year, the carrying amount of these shares was ¥139 million and the number of shares was 65,390. At the end of the interim consolidated fiscal period under review, the carrying amount was ¥136 million and the number of shares was 63,919.」
The company continues to disclose the Stock Delivery Trust for Employees program and the trust termination date of the end of August 2026. Shares remaining in the trust declined from 65,390 at the end of the previous fiscal year to 63,919. - FY2024-Q2AchievedAnnual report
「Under this program, a trust established through contributions of funds by the company (the “Trust”) acquires the company's shares, and shares corresponding to the number of points granted by the company to each executive officer are delivered to the respective executive officers through the Trust. 7. Trust agreement date: 25 August 2023 9. Trust termination date: 31 August 2026 The company's shares remaining in the Trust are recorded as treasury stock in net assets at their carrying amount in the Trust. At the end of the second quarter of the consolidated fiscal year under review, the carrying amount of these shares was ¥139 million and the number of shares was 65,390.」
The employee stock delivery trust agreement and cash trust were executed on 25 August 2023, introducing the program. The trust termination date is the end of August 2026, and 65,390 shares remained in the trust at the period-end. - FY2024-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 8 August 2023, we resolved to dispose of treasury stock through a third-party allotment in connection with the extension, following partial amendments, of the “Stock Delivery Trust for Officers” established in August 2017, and the introduction of the “Stock Delivery Trust for Employees” program. (1) Disposal date: 25 August 2023 (scheduled) (2) Number of shares to be disposed of: 98,085 shares of the company's common stock (3) Disposal price: ¥2,141 per share (4) Total disposal amount: ¥209,999,985 (5) Intended recipient: Sumitomo Mitsui Trust Bank, Limited (Trust Account)」
The company resolved to introduce the Stock Delivery Trust for Employees program and plans to dispose of 98,085 treasury shares through a third-party allotment on 25 August 2023, for a total disposal amount of approximately ¥210 million.