Employee Share Benefits through a Stock Benefit Trust (J-ESOP)
First written in FY2024. 1 of 2 entries say "Advanced", first in FY2025-H1. Latest entry: FY2025-H1.
23 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「The Company's shares remaining in the trust are recorded as treasury shares under shareholders' equity at their carrying value in the trust, excluding incidental costs. At the end of the interim consolidated accounting period, the carrying value and number of these treasury shares were ¥142.3 million and 100,000 shares, respectively.」
Following the introduction of J-ESOP, 100,000 shares held by the trust, with a carrying value of ¥142.3 million, have been recorded as treasury shares. - FY2024First statedAnnual report
「The Company resolved to introduce the Stock Benefit Trust (J-ESOP), an incentive plan under which the Company will provide its own shares to employees of the Company and its group subsidiaries who meet certain requirements. The plan is intended to strengthen the linkage between the Company's share price and performance and employee compensation, share the resulting economic benefits with shareholders, and increase employees' motivation and morale to improve the share price and performance.」
The Company introduced J-ESOP as of 31 October 2024 and began a program to provide shares to employees through a trust. It also stated plans to dispose of 100,000 treasury shares to Trust Account E at ¥1,423 per share, for a total of ¥142,300,000.