Introduction of a Restricted Stock Compensation Plan
First written in FY2017. 11 of 14 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026-H1.
- FY2026-H1AdvancedAnnual report
「11 July 2025 (Note) 19,700 4,076,933 3,674 2,573,570 3,674 793,479 (Note) Issuance of new shares as specified restricted stock compensation Issue price: ¥373 Amount allocated to capital: ¥186.5 Allottees: 4 directors of the company」
The company disclosed that 19,700 shares had been issued to 4 directors as specified restricted stock compensation on 11 July 2025 and that payment had been completed. - FY2025-H1AdvancedAnnual report
「11 July 2024 (Note) 29,100 4,057,233 7,100 2,569,896 7,100 789,805 (Note) Issuance of new shares as specified restricted stock compensation Issue price: ¥488 Amount allocated to capital: ¥244 Allottees: 4 directors of the company」
As specified restricted stock compensation, 29,100 shares were issued to 4 directors on 11 July 2024, increasing capital and capital reserves by ¥7.1 million each. - FY2024-Q2AdvancedAnnual report
「12 July 2023 (Note) 1 51,000 3,697,815 14,968 2,472,424 14,968 692,333 (Note) 1. Issuance of new shares as specified restricted stock compensation Issue price: ¥587 Amount allocated to capital: ¥293.5 Allottees: 4 directors of the company」
The company disclosed that 51,000 shares had been issued to 4 directors as restricted stock compensation on 12 July 2023 and that payment had been completed. - FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 June 2023, the company resolved to issue new shares as described below, and payment was completed on 12 July 2023.」
As restricted stock compensation, 51,000 common shares were issued to 4 directors on 12 July 2023, and payment was completed. The transfer restriction period runs from 12 July 2023 to 11 July 2043. - FY2023AdvancedAnnual report
「13 July 2022 (Note) 9 19,700 3,633,815 5,841 2,453,894 5,841 673,803 Paid third-party allotment as restricted stock compensation: Issue price ¥593 Amount allocated to capital ¥296.5 Allottees: 4 directors, excluding outside directors」
The company disclosed that 19,700 shares had been issued to 4 directors as restricted stock compensation on 13 July 2022 and that payment had been completed. - FY2023-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 June 2022, the company resolved to issue new shares as described below, and payment was completed on 13 July 2022.」
As restricted stock compensation, 19,700 common shares were issued to 4 directors on 13 July 2022, and payment was completed. The transfer restriction period runs from 13 July 2022 to 12 July 2042. - FY2022-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 24 June 2021, the company resolved to issue new shares as described below, and payment was completed on 9 July 2021.」
As restricted stock compensation, 18,900 common shares were issued to 4 directors on 9 July 2021, and payment was completed. The transfer restriction period runs from 9 July 2021 to 8 July 2041. - FY2021-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 25 June 2020, the company resolved to issue new shares as described below, and payment was completed on 10 July 2020.」
As restricted stock compensation, 16,800 common shares were issued to 5 directors on 10 July 2020, and payment was completed. The transfer restriction period runs from 10 July 2020 to 9 July 2040. - FY2020RestatedAnnual report
「At a meeting of the Board of Directors held on 27 June 2019, the company resolved to issue new shares as described below, and payment was completed on 12 July 2019.」
The company confirmed for the full fiscal year that 11,300 shares had been allocated to 1 director as restricted stock compensation and that payment had been completed on 12 July 2019. - FY2020-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 June 2019, the company resolved to issue new shares as described below, and payment was completed on 12 July 2019.」
As restricted stock compensation, 11,300 common shares were allocated to 1 director, and payment was completed on 12 July 2019. The transfer restriction period runs from 12 July 2019 to 11 July 2039. - FY2019-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 June 2018, the company resolved to issue new shares as described below, and payment was completed on 13 July 2018.」
As restricted stock compensation, 17,200 common shares were allocated to 4 directors, and payment was completed on 13 July 2018. The transfer restriction period runs from 13 July 2018 to 12 July 2038. - FY2018RestatedAnnual report
「At the 16th Annual General Meeting of Shareholders held on 28 June 2017, a resolution was passed to introduce a restricted stock compensation plan for directors, excluding outside directors, in order to share with shareholders the benefits and risks of share price fluctuations and further strengthen directors’ motivation to contribute to an increase in the share price and corporate value.」
The company is reconfirming the purpose of introducing the restricted stock compensation plan for directors and the sharing of value with shareholders. - FY2018-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 June 2017, the company resolved to issue new shares as described below, and payment was completed on 13 July 2017.」
With respect to the restricted stock compensation plan, payment was completed on 13 July 2017, and 17,200 shares were allocated to 4 directors. The transfer restriction period runs from 13 July 2017 to 12 July 2037. - FY2017First statedAnnual report
「This plan is being introduced as a compensation system under which restricted shares will be allocated to the company's directors, excluding outside directors, to enable them to share with shareholders the benefits and risks of share price fluctuations and further increase their motivation to contribute to a rise in the share price and an improvement in corporate value. It has been resolved that the total amount of monetary compensation claims to be paid as compensation and other remuneration related to restricted shares will be no more than ¥120 million per year for directors excluding outside directors. The maximum number of restricted shares to be allocated to the company's directors excluding outside directors in each fiscal year will be 60,000 shares. Directors receiving allocations of restricted shares may not transfer, create a pledge or security interest over, make a lifetime gift of, bequeath or otherwise dispose of the restricted shares to any third party during the period set by the company's Board of Directors, ranging from 5 years to 20 years.」
A restricted stock compensation plan has been introduced for directors excluding outside directors, with the aim of aligning their interests with shareholders and motivating them to contribute to improving corporate value. The framework provides for annual compensation of no more than ¥120 million, no more than 60,000 shares per year, and a restriction period of 5 to 20 years.