Encouraging improved performance by directors and value sharing with shareholders through restricted stock compensation
First written in FY2021-Q1. 7 of 8 entries say "Advanced", first in FY2021. Latest entry: 2026-08-06.
- FY2026AdvancedAnnual report
「The "Other (disposal of treasury shares under restricted stock compensation)" for the fiscal year consisted of the disposal of treasury shares as restricted stock compensation, carried out pursuant to a resolution of the Board of Directors at a meeting held on 18 July 2025.」
The Company disposed of 14,592 shares as restricted stock compensation, and the number of shares allocated under the Plan increased from 10,928 in the previous fiscal year. - FY2025AdvancedAnnual report
「The "Other (disposal of treasury shares under restricted stock compensation)" for the fiscal year consisted of the disposal of treasury shares as restricted stock compensation, carried out pursuant to a resolution of the Board of Directors at a meeting held on 18 July 2024.」
The Company disposed of 10,928 shares as restricted stock compensation and continued operating the Plan. - FY2024AdvancedAnnual report
「The "Other (disposal of treasury shares under restricted stock compensation)" for the fiscal year consisted of the disposal of treasury shares as restricted stock compensation, carried out pursuant to a resolution of the Board of Directors at a meeting held on 20 July 2023.」
The Company disposed of 14,266 treasury shares as restricted stock compensation and continued operating the Plan. - FY2022AdvancedAnnual report
「The "Other (disposal of treasury shares under restricted stock compensation)" for the fiscal year consisted of the disposal of treasury shares as restricted stock compensation, carried out pursuant to a resolution of the Board of Directors at a meeting held on 16 July 2021.」
The Company disposed of 13,660 treasury shares as restricted stock compensation and continued operating the Plan during the fiscal year. - FY2021AdvancedAnnual report
「From the current fiscal year, the Company introduced a compensation plan under which restricted stock is allocated, referred to below as the "Plan."」
The restricted stock compensation plan was put into operation, and 15,013 shares were allocated through the disposal of treasury shares on 17 July 2020. - FY2021-Q1First statedAnnual report
「At a meeting of its Board of Directors held on 19 March 2020, the Company resolved to introduce a stock compensation plan under which restricted stock will be issued to eligible directors, namely the Company's directors excluding directors who are Audit and Supervisory Committee members and outside directors, in order to provide them with incentives to improve business performance and sustainably enhance corporate value, as well as to promote greater value sharing with shareholders. The plan is referred to below as the "Plan".」
The Company resolved to introduce restricted stock compensation under which 15,013 shares would be allocated to 5 directors, subject to an annual limit of ¥300 million, an annual limit of 50,000 shares and a transfer restriction period of 50 years.