Introduction of a Restricted Stock Compensation Plan
First written in FY2018. 4 of 5 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2024.
- FY2024AdvancedAnnual report
「Other (treasury shares acquired and disposed of as restricted stock compensation) 39,297 shares ¥74,122,001」
The Company disclosed that it disposed of 39,297 treasury shares as restricted stock compensation. - FY2023AdvancedAnnual report
「Other (treasury shares acquired and disposed of as restricted stock compensation) 41,314 shares ¥74,667,618」
The Company disclosed that it disposed of 41,314 treasury shares as restricted stock compensation. - FY2021-Q2AdvancedAnnual report
「1 March 2021–31 May 2021 (Note) The increase resulted from the issuance of new shares as restricted stock compensation.」
Under the restricted stock compensation plan, 16,982 new shares were issued between March and May 2021. - FY2020-Q2AdvancedAnnual report
「1 March 2020–31 May 2020 (Note) The increase resulted from the issuance of new shares as restricted stock compensation.」
Under the restricted stock compensation plan, 32,503 new shares were issued between March and May 2020. - FY2018First statedAnnual report
「The purpose of this system is to provide Directors other than Directors who serve as Audit and Supervisory Committee Members (the “Eligible Directors”) with incentives to achieve sustained growth in the Company’s corporate value and to promote greater value sharing with shareholders. The total amount of monetary compensation claims granted to Eligible Directors under this system will be limited to ¥200 million per year. The total number of common shares newly issued or disposed of by the Company under this system will be limited to 100,000 shares per year, and the transfer restriction period will generally be 30 years from the share delivery date.」
Following a resolution of the Board of Directors in January 2019 and approval at the General Meeting of Shareholders in February 2019, the Company introduced a restricted stock compensation plan, with an annual limit of ¥200 million, an annual limit of 100,000 shares and a general transfer restriction period of 30 years, aimed at sustainably increasing corporate value and sharing value with shareholders.