Performance-linked bonuses and stock-based compensation stock options
First written in FY2016. 19 of 22 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Target for the fiscal year ending March 2026: Net income attributable to owners of the parent ¥180 million Actual result for the fiscal year ending March 2026: ¥851 million」
For the performance-linked compensation metrics, the company disclosed actual net income attributable to owners of the parent of ¥851 million against the target of ¥180 million for the fiscal year ending March 2026. The amount of restricted stock compensation expensed during the fiscal year was ¥3 million. - FY2026-H1AdvancedAnnual report
「During the interim accounting period, treasury shares decreased by 24,055 as a result of the disposal of treasury shares as restricted stock compensation and the company's acquisition without consideration of some shares allocated as restricted stock compensation and some shares allocated as restricted stock incentives for the employee stock ownership plan.」
The operation of restricted stock compensation, incentives for the employee stock ownership plan, and acquisitions without consideration progressed, reducing treasury shares by 24,055. - FY2025-H1AdvancedAnnual report
「During the interim accounting period, treasury shares decreased by 47,836 as a result of the disposal of treasury shares as restricted stock compensation, the exercise of subscription rights, and the acquisition without consideration of part of the shares allotted as restricted stock incentives for the employee stock ownership plan.」
The operation of restricted stock compensation, subscription rights, and stock incentives for the employee stock ownership plan progressed, reducing treasury shares by 47,836. - FY2024-Q3AdvancedAnnual report
「During the third quarter accounting period, treasury shares decreased by 35,368 as a result of the disposal of treasury shares as restricted stock compensation, the exercise of subscription rights, and the acquisition without consideration of part of the shares allotted as restricted stock incentives for the employee stock ownership plan.」
The disposal and acquisition of treasury shares related to restricted stock compensation, the exercise of subscription rights, and stock incentives for the employee stock ownership plan progressed during the quarter as well. - FY2024-Q2AdvancedAnnual report
「During the second quarter accounting period, treasury shares decreased by 35,368 as a result of the disposal of treasury shares as restricted stock compensation, the exercise of subscription rights, and the acquisition without consideration of part of the shares allotted as restricted stock incentives for the employee stock ownership plan.」
Treasury shares decreased by 35,368 during the quarter as a result of restricted stock compensation, the exercise of subscription rights, and stock incentives for the employee stock ownership plan. - FY2024-Q1AdvancedAnnual report
「During the first quarter accounting period, the company acquired without consideration some of the shares allocated as restricted stock incentives for the employee stock ownership plan. As a result, the number of shares held in own name at the end of the first quarter accounting period was 191,400.」
The company disclosed that, in connection with the restricted stock incentive plan, it acquired part of the allotted shares without consideration. - FY2023Full voluntary relinquishment of performance-linked compensationAnnual report
「In light of the challenging operating environment, all performance-linked compensation was voluntarily returned.」
While maintaining the performance-linked compensation system, the company voluntarily relinquished the full amount for the fiscal year in light of the challenging business environment. The company also disclosed the disposal of 34,329 shares of restricted stock compensation for officers and 50,200 shares of the same incentive for the employee stock ownership plan. - FY2023-Q2AdvancedAnnual report
「During the second quarter accounting period, treasury shares decreased by 34,329 as a result of the disposal of treasury shares as restricted stock compensation.」
The company disposed of 34,329 treasury shares as restricted stock compensation and continues to operate its stock-based compensation plan. - FY2022AdvancedAnnual report
「The compensation structure will provide effective and timely incentives for each officer to improve the company’s performance while maintaining alignment with shareholder interests, and will enable the company to secure talented personnel for its management team.」
The company implemented restricted stock compensation and disposed of 20,638 shares during the fiscal year. It also disclosed targets and actual results for net income attributable to owners of the parent, ROE, and the equity ratio as performance-linked compensation metrics. - FY2022-Q2AdvancedAnnual report
「During the second quarter accounting period, treasury shares decreased by 24,838 as a result of the disposal of treasury shares as restricted stock compensation and the exercise of subscription rights.」
The disposal of treasury shares as restricted stock compensation and the exercise of subscription rights continued, reducing treasury shares by 24,838. - FY2021-Q3AdvancedAnnual report
「As stock acquisition rights were exercised during the third quarter accounting period, the total number of treasury shares as of the end of the third quarter accounting period was 306,006, representing 1.38% of the total number of shares issued.」
The company states that subscription rights under stock-based compensation stock options were also exercised during the third quarter. - FY2021-Q2AdvancedAnnual report
「During the second quarter accounting period, the number decreased by 5,500 as a result of the exercise of stock acquisition rights. Including shares acquired in response to purchase requests for less-than-one-unit shares, the number of treasury shares was 307,306.」
Exercise of subscription rights under stock-based compensation stock options progressed, reducing treasury shares by 5,500. - FY2020-Q3AdvancedAnnual report
「During the third quarter accounting period, some of the common shares allocated as restricted stock compensation were acquired without consideration. As a result, as of the end of the third quarter accounting period, the number of shares held in own name and the total number of shares held were 317,606, and the ratio to total issued shares was 1.44%.」
In connection with the switch to restricted stock compensation, the company reports that it acquired part of the allotted common shares without consideration. - FY2020-Q2AdvancedAnnual report
「During the second quarter accounting period, treasury shares decreased by 65,640 as a result of the disposal of treasury shares as restricted stock compensation and the exercise of stock acquisition rights.」
In connection with the policy of switching from the former stock-based compensation stock options to restricted stock compensation, treasury shares were disposed of as restricted stock compensation. - FY2020-Q1AdvancedAnnual report
「This includes 3,400 treasury shares disposed of through the exercise of stock acquisition rights during the first quarter accounting period.」
Under the former stock-based compensation stock options, 3,400 treasury shares were disposed of during the first quarter accounting period as a result of the exercise of subscription rights. - FY2019ReframedAnnual report
「In connection with this, the existing share-based compensation-type stock options will be discontinued, and no new stock acquisition rights will be issued as share-based compensation-type stock options for directors in the future.」
The company resolved to switch its compensation instrument from the former stock-based compensation stock options to a restricted stock compensation plan. The new plan is capped at ¥100 million per year and 90,000 shares per year, and is scheduled to apply to executive officers as well. - FY2019-Q2AdvancedAnnual report
「During the second quarter accounting period, the number of treasury shares decreased by 19,800 as a result of the exercise of subscription rights.」
Subscription rights under stock-based compensation stock options were exercised, reducing treasury shares by 19,800. - FY2019-Q1AdvancedAnnual report
「At a meeting held on 13 July 2018, the Board of Directors resolved to allot subscription rights to the company’s directors, excluding outside directors, and executive officers as stock-based compensation stock options, and to approve the offering terms for those subscription rights. The subscription rights were allotted on 30 July 2018. Number of shares 27,100 for directors and 8,000 for executive officers Total: 35,100 (Note 1)」
On 30 July 2018, subscription rights representing a total of 35,100 shares were allotted to directors and executive officers as stock-based compensation stock options. - FY2018-Q1AdvancedAnnual report
「At a meeting held on 12 July 2017, the Board of Directors resolved to allot subscription rights to the company’s directors, excluding outside directors, and executive officers as stock-based compensation stock options, and to approve the offering terms for those subscription rights. The subscription rights were allotted on 27 July 2017. Number of underlying shares: 14,100 for directors and 9,500 for executive officers; total: 23,600」
On 27 July 2017, subscription rights representing 23,600 shares were allotted to directors and executive officers as stock-based compensation stock options. - FY2017-Q2AdvancedAnnual report
「The stock acquisition rights issued during the second quarter accounting period are as follows.」
In connection with stock-based compensation stock options, 192 subscription rights representing 19,200 underlying shares were issued. The exercise period runs from 8 July 2018 to 7 July 2038. - FY2017-Q1AdvancedAnnual report
「This is to implement flexible capital policies in response to changes in the business environment and to provide for the exercise of subscription rights issued to the company’s officers and others as stock-based compensation stock options.」
As a specific measure to prepare for the exercise of subscription rights under stock-based compensation stock options, the Board of Directors has resolved to repurchase treasury shares. - FY2016First statedAnnual report
「Compensation for executive directors and executive officers will consist of three components: (1) fixed compensation, (2) performance-linked bonuses, and (3) equity compensation.」
The company has disclosed a revision to its executive compensation system, under which compensation consists of 3 elements: fixed compensation, performance-linked bonuses, and stock-based compensation.