Introduction of a Trust-Type Employee Share Ownership Plan ESOP
First written in FY2019-Q1. 4 of 9 entries say "Restated". Latest entry: FY2021.
37 other companies' latest entry also says "Achieved".
- FY2021AchievedAnnual report
「The employee stock ownership plan trust sold all of the company shares it held, and repayment of the bank borrowings was completed in March of that year.」
Regarding the Employee Stock Ownership Plan Trust-Type ESOP, the trust's sale of all shares it held and repayment of the bank borrowings were completed. - FY2021-Q3AchievedAnnual report
「As part of our employee benefits program, we transferred shares of the Company through a trust to the employee stock ownership plan of our Group. As of February 2021, the employee stock ownership plan trust had sold all shares of the Company that it held.」
Regarding the Employee Stock Ownership Plan Trust-Type ESOP, the sale of the company's shares held by the trust was completed in February 2021. This marked the completion of the share management process following the introduction of the plan. - FY2020RestatedAnnual report
「The employee stock ownership plan trust acquired in a lump sum, using funds raised through borrowings, the number of company shares expected to be acquired by the employee stock ownership plan over the 3-year-6-month period following execution of the trust agreement. The company provides an indemnity for the trust's borrowings.」
The company continues to disclose the operation of the Employee Stock Ownership Plan Trust-Type ESOP, including the acquisition of shares over 3 years and 6 months, the lump-sum acquisition using borrowings, and the company's indemnity for the borrowings. - FY2020-Q2RestatedAnnual report
「The employee stock ownership plan trust acquired in a lump sum, using funds raised through borrowings, the number of company shares expected to be acquired by the employee stock ownership plan over the 3-year-6-month period following execution of the trust agreement. The company provides an indemnity for the trust's borrowings.」
The company continues to disclose the operation of the Employee Stock Ownership Plan Trust-Type ESOP, under which shares expected to be acquired over the 3-year-6-month period following execution of the trust agreement are acquired in a lump sum using borrowed funds, with the company providing an indemnity for the borrowings. - FY2020-Q1RestatedAnnual report
「The employee stock ownership plan trust acquired in a lump sum, using funds raised through borrowings, the number of company shares expected to be acquired by the employee stock ownership plan over the 3-year-6-month period following execution of the trust agreement. The company provides an indemnity for the trust's borrowings.」
The company continues to disclose the operation of the Employee Stock Ownership Plan Trust-Type ESOP, under which shares expected to be acquired over the 3-year-6-month period following execution of the trust agreement are acquired in a lump sum using borrowed funds, with the company providing an indemnity for the borrowings. - FY2019AdvancedAnnual report
「The employee stock ownership plan trust acquired in a lump sum, using funds raised through borrowings, the number of company shares expected to be acquired by the employee stock ownership plan over the 3-year-6-month period following execution of the trust agreement. The company provides an indemnity for the trust's borrowings.」
The Employee Stock Ownership Plan Trust-Type ESOP entered the operational phase following its introduction. Under the plan, shares expected to be acquired over the 3-year-6-month period following execution of the trust agreement are acquired in a lump sum using borrowed funds, with the company providing an indemnity for the borrowings. - FY2019-Q3RestatedAnnual report
「The employee stock ownership plan trust acquired in a lump sum, using funds raised through borrowings, the number of company shares expected to be acquired by the employee stock ownership plan over the 3-year-6-month period following execution of the trust agreement. The company provides an indemnity for the trust's borrowings.」
The company continues to disclose the operation of the Employee Stock Ownership Plan Trust-Type ESOP, including the acquisition of shares over the 3-year-6-month period following execution of the trust agreement, the lump-sum acquisition using borrowed funds, and the company's indemnity for the borrowings. - FY2019-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 28 September 2018, the company introduced the Employee Stock Ownership Plan Trust-Type ESOP as part of its employee benefits program. The objectives are to revitalize the group employee stock ownership plan and promote stable asset formation for employees of the company and its group companies, to increase employees' awareness of participation in management and provide incentives to improve performance, and thereby enhance the company's corporate value over the medium to long term. At the same time as approving the plan, the company disposed of 200,000 treasury shares in a lump sum to the employee stock ownership plan trust.」
Regarding the Employee Stock Ownership Plan Trust-Type ESOP approved in the previous quarter, the company introduced the plan and disposed of the 200,000 treasury shares it held in a lump sum to the employee stock ownership plan trust. - FY2019-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 28 September 2018, the company resolved to introduce an Employee Stock Ownership Plan Trust-Type ESOP as part of its employee benefits program. The objectives are to revitalize the group employee stock ownership plan and promote stable asset formation for employees of the company and its group companies, to increase employees' awareness of participation in management and provide incentives to improve performance, and thereby enhance the company's corporate value over the medium to long term. Trust period: 9 October 2018 (scheduled) to 31 May 2022 (scheduled). Total planned acquisition cost: ¥343,000,000.」
The company resolved to introduce the ESOP to revitalize the employee stock ownership plan, promote stable asset formation for employees, and provide incentives for participation in management and improved performance. The trust period, planned share acquisition amount of ¥343 million, and share acquisition methods, including the disposal of treasury shares, were specified.