Incentives through a Share Benefit Trust for an Employee Stock Ownership Association
First written in FY2018. 2 of 19 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026.
22 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「At a meeting of the Board of Directors held on 7 August 2025, the Company resolved to reintroduce the Stock Benefit Trust (Employee Stock Ownership Plan Disposal Type) to enhance employee welfare and provide incentives linked to the enhancement of corporate value.」
The Company reintroduced the stock benefit trust for the employee stock ownership plan after its termination, establishing a five-year trust period and 774,200 contributed shares. - FY2026-H1Reintroduction of the stock benefit trust for the employee stock ownership planAnnual report
「Pursuant to a resolution of the Board of Directors dated 7 August 2025, the Company has reintroduced the Stock Benefit Trust (Employee Stock Ownership Plan Disposal Type) to enhance employee welfare and provide incentives linked to the enhancement of corporate value.」
The Company reintroduced the plan, which ended in December 2024, for employees participating in the Oiles Employee Stock Ownership Plan and the Oiles Group Employee Stock Ownership Plan. At the end of the interim period, the trust held 768 thousand shares and borrowings amounted to ¥1,629 million. - FY2025DroppedAnnual report
「The Company had reintroduced the Stock Benefit Trust (Employee Stock Ownership Plan Disposal Type) pursuant to a resolution of the Board of Directors dated 4 November 2020, for the purpose of enhancing employee welfare and providing incentives linked to the enhancement of corporate value. The Plan ended on 12 December 2024.」
The reintroduced stock benefit trust for the employee stock ownership plan ended on 12 December 2024. - FY2025-H1Decrease in shares held by the trust and borrowings; borrowings extinguishedAnnual report
「The carrying amount of these treasury shares was ¥147 million (99 thousand shares) at the end of the previous consolidated fiscal year and ¥44 million (30 thousand shares) at the end of the interim period of the current consolidated fiscal year. The carrying amount of borrowings recognised under the gross method was ¥55 million at the end of the previous consolidated fiscal year. No borrowings recognised under the gross method remained at the end of the interim period of the current consolidated fiscal year.」
For the stock benefit trust for the employee stock ownership plan, shares held by the trust decreased from 99 thousand shares to 30 thousand shares, and borrowings related to the trust fell from ¥55 million to zero. - FY2024Decrease in shares held by the trust and borrowingsAnnual report
「The carrying amount of these treasury shares was ¥363 million (244 thousand shares) at the end of the previous consolidated fiscal year and ¥147 million (99 thousand shares) at the end of the current consolidated fiscal year. The carrying amount of borrowings recognised under the gross method was ¥338 million at the end of the previous consolidated fiscal year and ¥55 million at the end of the current consolidated fiscal year.」
For the stock benefit trust for the employee stock ownership plan, shares held by the trust decreased from 244 thousand shares to 99 thousand shares, while borrowings decreased from ¥338 million to ¥55 million. - FY2024-Q3Decrease in shares held by the trust and borrowingsAnnual report
「The carrying amount of these treasury shares was ¥363 million (244 thousand shares) at the end of the previous consolidated fiscal year and ¥182 million (122 thousand shares) at the end of the third quarter of the current consolidated fiscal year. The carrying amount of borrowings recognised under the gross method was ¥338 million at the end of the previous consolidated fiscal year and ¥162 million at the end of the third quarter of the current consolidated fiscal year.」
For the stock benefit trust for the employee stock ownership plan, shares held by the trust decreased from 244 thousand shares to 122 thousand shares, while borrowings decreased from ¥338 million to ¥162 million. - FY2024-Q2Decrease in shares held by the trust and borrowingsAnnual report
「The carrying amount of these treasury shares was ¥363 million (244 thousand shares) at the end of the previous consolidated fiscal year and ¥257 million (173 thousand shares) at the end of the second quarter of the current consolidated fiscal year. The carrying amount of borrowings recognised under the gross method was ¥338 million at the end of the previous consolidated fiscal year and ¥201 million at the end of the second quarter of the current consolidated fiscal year.」
For the stock benefit trust for the employee stock ownership plan, shares held by the trust decreased from 244 thousand shares to 173 thousand shares, while borrowings decreased from ¥338 million to ¥201 million. - FY2024-Q1Decrease in shares held by the trust and borrowingsAnnual report
「The carrying amount of these treasury shares was ¥363 million (244 thousand shares) at the end of the previous consolidated fiscal year and ¥307 million (206 thousand shares) at the end of the first quarter of the current consolidated fiscal year. The carrying amount of borrowings recognised under the gross method was ¥338 million at the end of the previous consolidated fiscal year and ¥299 million at the end of the first quarter of the current consolidated fiscal year.」
For the stock benefit trust for the employee stock ownership plan, shares held by the trust decreased from 244 thousand shares to 206 thousand shares, while borrowings decreased from ¥338 million to ¥299 million. - FY2023Decrease in shares held by the trust and borrowingsAnnual report
「The carrying amount of these treasury shares was ¥636 million (427 thousand shares) at the end of the previous consolidated fiscal year and ¥363 million (244 thousand shares) at the end of the current consolidated fiscal year. The carrying amount of borrowings recognised under the gross method was ¥618 million at the end of the previous consolidated fiscal year and ¥338 million at the end of the current consolidated fiscal year.」
For the stock benefit trust for the employee stock ownership plan, shares held by the trust and borrowings decreased from the end of the previous fiscal year. - FY2023-Q3Decrease in shares held by the trust and borrowingsAnnual report
「The carrying amount of these treasury shares was ¥636 million (427 thousand shares) at the end of the previous consolidated fiscal year and ¥408 million (274 thousand shares) at the end of the third quarter of the current consolidated fiscal year. The carrying amount of borrowings recognised under the gross method was ¥618 million at the end of the previous consolidated fiscal year and ¥436 million at the end of the third quarter of the current consolidated fiscal year.」
For the stock benefit trust for the employee stock ownership plan, shares held by the trust decreased from 427 thousand shares to 274 thousand shares, while borrowings decreased from ¥618 million to ¥436 million. - FY2023-Q2Decrease in shares held by the trust and borrowingsAnnual report
「The carrying amount of these treasury shares was ¥636 million (427 thousand shares) at the end of the previous consolidated fiscal year and ¥499 million (335 thousand shares) at the end of the second quarter of the current consolidated fiscal year. The carrying amount of borrowings recognised under the gross method was ¥618 million at the end of the previous consolidated fiscal year and ¥476 million at the end of the second quarter of the current consolidated fiscal year.」
For the stock benefit trust for the employee stock ownership plan, shares held by the trust decreased from 427 thousand shares to 335 thousand shares, while borrowings decreased from ¥618 million to ¥476 million. - FY2023-Q1Decrease in shares held by the trust and borrowingsAnnual report
「The carrying amount of these treasury shares was ¥636 million (427 thousand shares) at the end of the previous consolidated fiscal year and ¥562 million (378 thousand shares) at the end of the first quarter of the current consolidated fiscal year. The carrying amount of borrowings recognised under the gross method was ¥618 million at the end of the previous consolidated fiscal year and ¥577 million at the end of the first quarter of the current consolidated fiscal year.」
For the stock benefit trust for the employee stock ownership plan, shares held by the trust decreased from 427 thousand shares to 378 thousand shares, while borrowings decreased from ¥618 million to ¥577 million. - FY2022Decrease in shares held by the trust and borrowingsAnnual report
「The carrying amount of these treasury shares was ¥856 million (576 thousand shares) at the end of the previous consolidated fiscal year and ¥636 million (427 thousand shares) at the end of the current consolidated fiscal year. The carrying amount of borrowings recognised under the gross method was ¥932 million at the end of the previous consolidated fiscal year and ¥618 million at the end of the current consolidated fiscal year.」
For the reintroduced stock benefit trust for the employee stock ownership plan, shares held by the trust and borrowings decreased from the end of the previous fiscal year. - FY2022-Q3Decline in shares held by the trustAnnual report
「The carrying amount of these treasury shares was ¥856 million (576 thousand shares) at the end of the previous consolidated fiscal year and ¥678 million (456 thousand shares) at the end of the third quarter of the current consolidated fiscal year. The carrying amount of borrowings recognised under the gross method was ¥932 million at the end of the previous consolidated fiscal year and ¥706 million at the end of the third quarter of the current consolidated fiscal year.」
For the reintroduced stock benefit trust for the employee stock ownership plan, shares held by the trust decreased from 576 thousand shares to 456 thousand shares, while borrowings decreased from ¥932 million to ¥706 million. - FY2022-Q2Decline in shares held by the trustAnnual report
「The carrying amount of these treasury shares was ¥856 million (576 thousand shares) at the end of the previous consolidated fiscal year and ¥747 million (502 thousand shares) at the end of the second quarter of the current consolidated fiscal year.」
For the reintroduced stock benefit trust for the employee stock ownership plan, shares held by the trust changed from 576 thousand shares to 502 thousand shares. - FY2022-Q1Decline in shares held by the trustAnnual report
「The carrying amount of these treasury shares was ¥856 million (576 thousand shares) at the end of the previous consolidated fiscal year and ¥798 million (537 thousand shares) at the end of the first quarter of the current consolidated fiscal year.」
For the reintroduced stock benefit trust for the employee stock ownership plan, shares held by the trust changed from 576 thousand shares to 537 thousand shares. - FY2021-Q3RestatedAnnual report
「The Company's shares remaining in the trust are recognised as treasury shares under net assets at their carrying amount in the trust, excluding incidental expenses. At the end of the third quarter of the current consolidated fiscal year, the carrying amount of these treasury shares was ¥892 million (600 thousand shares). The carrying amount of borrowings recognised under the gross method at the end of the third quarter of the current consolidated fiscal year was ¥932 million.」
The Company continues to disclose 600 thousand shares held by the trust and ¥932 million in borrowings in connection with the reintroduced stock benefit trust for the employee stock ownership plan. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 4 November 2020, the Company resolved to reintroduce the Stock Benefit Trust (Employee Stock Ownership Plan Disposal Type) (the "Plan") and to dispose of treasury shares through a private placement, and carried out the transaction. (a) Number of shares disposed of: 627,400 common shares (b) Disposal price: ¥1,487 per share (c) Total disposal value: ¥932,943,800 (d) Disposal method: Allocation by private placement to The Custody Bank of Japan, Ltd. (Trust Account E). (e) Disposal date: 1 December 2020」
The Company disclosed the resolution and execution of a private placement of 627,400 treasury shares with a total value of ¥932,943,800 in connection with the reintroduction of the stock benefit trust for the employee stock ownership plan. - FY2018First statedAnnual report
「In May 2013, the Company introduced the Stock Benefit Trust (Employee Stock Ownership Plan Disposal Type) (the "Plan") to enhance employee welfare and provide incentives linked to the enhancement of corporate value.」
The Company disclosed a stock benefit trust scheme that returns the benefits of increases in the Company's share price to employees through the employee stock ownership plan. The trust agreement expired on 15 June 2018.