Enhancing Long-Term Corporate Value Through Restricted Stock Compensation for Subsidiary Employees
First written in FY2019-Q3. 8 of 15 entries say "Restated". Latest entry: FY2026-H1.
- FY2026-H1AdvancedAnnual report
「(1) Based on a resolution of the Board of Directors meeting held on 13 June 2025, the Company disposed of treasury shares as restricted stock compensation. As a result of this disposal, treasury shares decreased by ¥146.346 million (227,600 shares).」
A total of 227,600 shares were disposed of as restricted stock compensation for directors of the Company, subsidiary officers and subsidiary employees, among others. The disposals were carried out on 30 June 2025 and 29 July 2025. - FY2025RestatedAnnual report
「At the same shareholders’ meeting, the Company also introduced a restricted stock compensation scheme, capped at ¥100 million per year, including no more than ¥10 million for outside directors, to provide directors with incentives to achieve sustained growth in the Company’s corporate value and to promote further value sharing with shareholders.」
The ¥100 million annual limit for the restricted stock compensation scheme for directors, and its purposes of enhancing corporate value and sharing value with shareholders, are being reconfirmed. - FY2024RaisedAnnual report
「At the same shareholders’ meeting, the Company also introduced a restricted stock compensation scheme, capped at ¥100 million per year, including no more than ¥10 million for outside directors, to provide directors with incentives to achieve sustained growth in the Company’s corporate value and to promote further value sharing with shareholders.」
The annual limit for the restricted stock compensation scheme for directors was raised from no more than ¥50 million to no more than ¥100 million. - FY2024-Q1AdvancedAnnual report
「In light of the purpose of the scheme, the Company’s performance and other relevant factors, the Company and its subsidiaries resolved at a Board of Directors meeting held on 14 June 2023 to provide total monetary compensation claims of ¥40,096,000 to 6 directors of the Company, 4 directors of its subsidiaries and 74 employees of its subsidiaries, for a total of 84 people. At the Company’s Board meeting held on 14 June 2023, it was also resolved to dispose of 28,000 common shares of the Company to the 84 Eligible Persons under the scheme, through the contribution in kind by the 84 Eligible Persons of all of their monetary compensation claims against the Company.」
Under the restricted stock compensation scheme, 28,000 shares were allocated to a total of 84 people: 6 directors of the Company, 4 subsidiary directors and 74 subsidiary employees. Payment procedures for the total disposal amount of ¥40,096,000 were completed on 30 June 2023. - FY2023RestatedAnnual report
「At the same shareholders’ meeting, the Company also introduced a restricted stock compensation scheme, capped at ¥50 million per year, to provide directors with incentives to achieve sustained growth in the Company’s corporate value and to promote further value sharing with shareholders.」
The policy of continuing the restricted stock compensation scheme for directors and encouraging enhanced corporate value and value sharing with shareholders is being reconfirmed. - FY2022RestatedAnnual report
「Based on a resolution of the Board of Directors at its meeting held on 28 May 2021, the company disposed of treasury shares as restricted stock compensation. As a result of this disposal, treasury shares decreased by ¥18,640 thousand (28,900 shares).」
The disposal of 28,900 restricted stock compensation shares to directors, subsidiary officers and subsidiary employees, as well as the continuation of the scheme, is being reconfirmed. - FY2022-Q3RestatedAnnual report
「Based on a resolution of the Board of Directors at its meeting held on 28 May 2021, the company disposed of treasury shares as restricted stock compensation. As a result of this disposal, treasury shares decreased by ¥18,640 thousand (28,900 shares).」
The accounting changes related to the disposal of 28,900 shares to directors, subsidiary officers and employees under the restricted stock compensation scheme are being reconfirmed. - FY2022-Q2RestatedAnnual report
「Based on a resolution of the Board of Directors at its meeting held on 28 May 2021, the company disposed of treasury shares as restricted stock compensation. As a result of this disposal, treasury shares decreased by ¥18,640 thousand (28,900 shares).」
The accounting changes related to the disposal of 28,900 shares to directors, subsidiary officers and employees under the restricted stock compensation scheme are being reconfirmed. - FY2022-Q1AdvancedAnnual report
「In light of the purpose of the scheme, the Company’s performance and other relevant factors, the Company and its subsidiaries resolved at a Board of Directors meeting held today to provide total monetary compensation claims of ¥27,166,000 to 6 directors of the Company, 3 directors of its subsidiaries and 72 employees of its subsidiaries, for a total of 81 people (collectively, the “Eligible Persons”). At the same Board meeting held today, the Company resolved to dispose of 28,900 common shares of the Company to the 81 Eligible Persons under the scheme, through the contribution in kind by the 81 Eligible Persons of all of their monetary compensation claims against the Company.」
Under the restricted stock compensation scheme, a resolution was passed to allocate 28,900 shares to a total of 81 people: 6 directors of the Company, 3 subsidiary directors and 72 subsidiary employees. The payment procedures were completed on 25 June 2021. - FY2021RestatedAnnual report
「At the same shareholders’ meeting, the Company also introduced a restricted stock compensation scheme, capped at ¥50 million per year, to provide directors with incentives to achieve sustained growth in the Company’s corporate value and to promote further value sharing with shareholders.」
The policy of continuing the restricted stock compensation scheme and encouraging directors to enhance corporate value and share value with shareholders is being reconfirmed. - FY2020RestatedAnnual report
「At the same shareholders’ meeting, the Company also introduced a restricted stock compensation scheme, capped at ¥50 million per year, to provide directors with incentives to achieve sustained growth in the Company’s corporate value and to promote further value sharing with shareholders.」
The restricted stock compensation scheme is for directors, capped at ¥50 million per year, and is intended to enhance corporate value and share value with shareholders; these terms are being reconfirmed. - FY2020-Q2RestatedAnnual report
「Based on a resolution of the Board of Directors meeting held on 28 May 2019, the Company disposed of treasury shares as restricted stock compensation. As a result of this disposal, treasury shares decreased by ¥6.56 million (6,000 shares).」
The accounting impact of the existing scheme under which 6,000 shares were disposed of as restricted stock compensation for directors is being reconfirmed. - FY2020-Q1RaisedAnnual report
「The Company resolved to introduce a transfer-restricted share compensation plan as a new compensation scheme, with the aim of providing directors of the Company and its subsidiaries with incentives to achieve sustained growth in the Company’s corporate value and further promoting value sharing with shareholders.」
In addition to employees of subsidiaries, the Company expanded the transfer-restricted share compensation plan to cover directors of the Company and its subsidiaries. A total of 6,000 common shares were allocated to 10 people, and the payment procedures were completed on 24 June 2019. - FY2019AdvancedAnnual report
「The payment procedures for the disposal of treasury shares as transfer-restricted share compensation, announced in the Company’s notice dated 15 January 2019, were completed on 14 February 2019.」
The payment procedures for the disposal of treasury shares granting 39,600 common shares to 203 employees of subsidiaries were completed on 14 February 2019. The transfer restriction period ran until 13 February 2024. - FY2019-Q3First statedAnnual report
「By enabling employees of its subsidiaries to own Company shares, the Company aims to foster a greater sense of participation in management and achieve sustained growth in the corporate value of the Group, while further promoting value sharing with shareholders and enhancing corporate value over the medium to long term. The Company has also introduced an incentive plan using a specified transfer-restricted share plan (the “Plan”), under which transfer restrictions are imposed on shares granted to eligible recipients, with the aim of encouraging medium- to long-term, continuous employment.」
The Company introduced a specified transfer-restricted share compensation plan granting 40,000 common shares to 206 employees of subsidiaries. The disposal date was 14 February 2019, and the transfer restriction period ran from 14 February 2019 to 13 February 2024. The stated purposes were to foster employees’ sense of participation in management, promote value sharing with shareholders, and encourage medium- to long-term, continuous employment.