Introduction of a Performance-Conditioned Deferred-Delivery Restricted Stock Compensation Plan
First written in FY2021. 7 of 9 entries say "Advanced", first in FY2022. Latest entry: 2026-10-16.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The disposal of 7,926 treasury shares involved the disposal, on 17 October 2025, of 7,926 treasury shares to grant restricted stock to 2 directors, excluding directors who are Audit and Supervisory Committee members.」
Under the performance-linked, post-delivery restricted stock compensation plan, 7,926 treasury shares were disposed of for 2 directors. - 2026-08-07OtherGovernance
「Under this program, the Board of Directors will determine the eligible employees, who will receive an issue or disposal of the company’s common shares (the “shares allocated under this program”).」
Because its eligible recipients and purpose differ from the existing performance-based, post-delivery restricted stock compensation for directors, this was not treated as progress in the same thread. - FY2024AdvancedAnnual report
「As performance-linked, post-delivery restricted stock compensation, we issued 8,558 new shares through an in-kind contribution, with 20 October 2023 as the payment date.」
For the performance-linked, post-delivery restricted stock compensation plan, the issuance of 8,558 new shares for 2 directors was completed. - FY2024-Q1AdvancedAnnual report
「As performance-linked, post-delivery restricted stock compensation, we issued 8,558 new shares through an in-kind contribution, with 20 October 2023 as the payment date.」
For the performance-linked, post-delivery restricted stock compensation plan, the issuance and payment for 8,558 new shares for 2 directors was completed. - FY2023-Q1AdvancedAnnual report
「Upon completion of payment for the issuance of new shares as performance-linked, post-delivery restricted stock compensation, with 21 October 2022 as the payment date, the number of issued shares increased by 6,875 shares, capital increased by ¥3.059 million, and capital surplus increased by ¥3.059 million.」
For the performance-linked, post-delivery restricted stock compensation plan, the issuance and payment for 6,875 new shares for 2 directors was completed on 21 October 2022. - FY2022AdvancedAnnual report
「Non-monetary compensation represents the amount recognized as an expense for the current fiscal year in respect of the estimated compensation under the performance-linked, post-delivery restricted stock compensation plan.」
The performance-linked, post-delivery restricted stock compensation plan introduced in the previous fiscal year entered the operational stage, and ¥6.120 million was recognized as non-monetary compensation expense for the current fiscal year. - FY2021First statedAnnual report
「For the following fiscal year, the fiscal year ending June 2022, executive compensation will be revised pursuant to a resolution of the 18th Annual General Meeting of Shareholders and will consist of this stock-based compensation in addition to fixed basic compensation and performance-based compensation.」
From the fiscal year ending June 2022, the company introduced a performance-linked, post-delivery restricted stock compensation plan for directors, excluding outside directors and directors who are Audit and Supervisory Committee members. Compensation is capped at ¥100 million per year, and the total number of shares is capped at 40,000 shares per year.