Employees’ Incentives to Improve the Share Price and Business Performance and Shareholders’ Shared Interests
First written in FY2016. 8 of 36 entries say "Advanced", first in FY2023-Q3. Latest entry: 2026-09-25.
- FY2026AdvancedAnnual report
「Disposal of 39,700 treasury shares as restricted stock compensation for the Company's employees」
The Company disposed of 39,700 shares as restricted stock compensation for employees, and measures to share value with employees and shareholders moved into the implementation phase. - FY2026-H1AdvancedAnnual report
「During the current interim consolidated accounting period, capital surplus increased by ¥64.031 million and treasury shares increased by ¥297.836 million, mainly due to the acquisition of 219,000 treasury shares based on a resolution of the Board of Directors dated 11 July 2025, the disposal of 31,157 treasury shares as restricted stock compensation for the Company's directors, excluding directors who are Audit and Supervisory Committee members and outside directors, and executive officers, and the disposal of 39,700 treasury shares as restricted stock compensation for the Company's employees.」
The Company disposed of 39,700 treasury shares as restricted stock compensation for employees, and measures to encourage employees to improve the share price and performance and share benefits with shareholders moved into the implementation phase. - FY2025AdvancedAnnual report
「As of 31 March 2025, the Company had contributed ¥446.066 million, and Custody Bank of Japan, Ltd. (Trust E Account) had acquired 371,700 Company shares for ¥466.104 million.」
The J-ESOP update reflected the acquisition of 371,700 shares for employee benefits. The Company also plans to formulate the details of a restricted stock compensation plan for employees during fiscal 2025. - FY2025-H1AdvancedAnnual report
「The number of shares corresponding to the shares expected to be distributed to the Company's employees under the Share Benefit Rules (96,000 shares for the 3 fiscal years from the fiscal year ending March 2025 through the fiscal year ending March 2027)」
In addition to the employee stock ownership association disposal-type trust, the Company presented a plan to acquire an additional 96,000 shares for employee benefits for the 3 fiscal years from the fiscal year ending March 2025 through the fiscal year ending March 2027, to continue the J-ESOP. - FY2024Update to the number of shares remaining in the trustAnnual report
「As of 31 March 2024, the Company had contributed ¥281.250 million, and Custody Bank of Japan, Ltd. (Trust E Account) had acquired 275,700 Company shares for ¥291.288 million.」
The remaining shares in the J-ESOP trust totaled 275,700 shares. The employee stock ownership association disposal-type trust had acquired 180,100 shares, and the distribution of the benefits of share price appreciation to employees continued. - FY2024-Q3Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were nil in the previous consolidated fiscal year, and ¥225.624 million and 159,700 shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
For the employee stock benefit trust under the employee stock ownership association disposal type, 159,700 shares remained in the trust and borrowings recognized under the gross method totaled ¥235.067 million. The remaining shares in the J-ESOP totaled 236,200 shares. - FY2024-Q2Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥227.077 million and 225,000 shares, respectively, in the previous consolidated fiscal year, and ¥254.231 million and 238,100 shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
The remaining shares in the J-ESOP trust totaled 238,100 shares. The remaining shares in the employee stock ownership association disposal-type trust totaled 167,800 shares, and the program continued to operate. - FY2024-Q1Update on the commencement of operations of the trust for the employee stock ownership associationAnnual report
「The trustee bank acquires in advance, in a single transaction, the number of Company shares expected to be purchased by the employee stock ownership association over the 5 years following establishment of the trust. Thereafter, the trustee periodically sells Company shares when the association purchases shares.」
The employee stock benefit trust under the employee stock ownership association disposal type entered the operating phase. At the end of the first quarter of the current fiscal year, 136,300 shares remained in the trust, and borrowings recognized under the gross method totaled ¥255.000 million. - FY2023-Q3Introduction of an employee stock benefit trust for the employee stock ownership associationAnnual report
「At a meeting of the Board of Directors held on 31 January 2023, the Company resolved to introduce the Stock Benefit Trust (Employee Stock Ownership Association Disposal Type) (the “Plan”). The Plan is intended to enhance employee benefits and increase employees' awareness of the share price and motivation to work, thereby enhancing the Company's corporate value, by ensuring a stable supply of the Company's shares to the employee stock ownership association and distributing to employees the income generated through the management and disposal of the trust assets.」
In addition to the existing J-ESOP, the Company resolved to introduce a new stock benefit trust to ensure a stable supply of shares to the employee stock ownership association and distribute the benefits of share price appreciation. Under the trust structure, shares expected to be purchased by the association over the next 5 years are acquired in advance. - FY2023-Q2Update to the number of shares remaining in the trustAnnual report
「The Company grants employees points based on individual contributions and other factors, and when they become eligible to receive benefits under certain conditions, provides them with Company shares corresponding to the points granted. The carrying amount and number of these treasury shares were ¥202.876 million and 200,400 shares, respectively, in the previous consolidated fiscal year, and ¥228.490 million and 226,400 shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
The employee J-ESOP continued, and the remaining shares in the trust increased from 200,400 shares at the end of the previous consolidated fiscal year to 226,400 shares. - FY2023-Q1Update to the number of shares remaining in the trustAnnual report
「The Company grants employees points based on individual contributions and other factors, and when they become eligible to receive benefits under certain conditions, provides them with Company shares corresponding to the points granted. The carrying amount and number of these treasury shares were ¥202.876 million and 200,400 shares, respectively, in the previous consolidated fiscal year, and ¥200.244 million and 197,800 shares, respectively, at the end of the first quarter of the current consolidated fiscal year.」
The employee J-ESOP continued, and the remaining shares in the trust decreased from 200,400 shares at the end of the previous consolidated fiscal year to 197,800 shares. - FY2022-Q3Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥180.586 million and 180,500 shares, respectively, in the previous consolidated fiscal year, and ¥205.609 million and 203,100 shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
The employee stock benefit trust continued, and the remaining shares in the trust increased from 180,500 shares at the end of the previous fiscal year to 203,100 shares. - FY2022-Q2Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥180.586 million and 180,500 shares, respectively, in the previous consolidated fiscal year, and ¥207.128 million and 204,600 shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
The employee stock benefit trust continued, and the remaining shares in the trust increased from 180,500 shares at the end of the previous fiscal year to 204,600 shares. - FY2022-Q1Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥180.586 million and 180,500 shares, respectively, in the previous consolidated fiscal year, and ¥178.085 million and 178,000 shares, respectively, at the end of the first quarter of the current consolidated fiscal year.」
The remaining shares held in the employee stock benefit trust decreased from 180,500 shares at the end of the previous fiscal year to 178,000 shares. - FY2021Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥159.290 million and 162,600 shares, respectively, in the previous consolidated fiscal year, and ¥180.586 million and 180,500 shares, respectively, in the current consolidated fiscal year.」
The employee J-ESOP continued, and the remaining shares in the trust increased from 162,600 shares at the end of the previous fiscal year to 180,500 shares. - FY2021-Q3Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥159.290 million and 162,600 shares, respectively, in the previous consolidated fiscal year, and ¥182.787 million and 182,700 shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
The employee stock benefit trust program continued, and the remaining shares in the trust increased from 162,600 shares at the end of the previous fiscal year to 182,700 shares. - FY2021-Q2Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥159.290 million and 162,600 shares, respectively, in the previous consolidated fiscal year, and ¥184.788 million and 184,700 shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
The remaining shares held in the employee J-ESOP trust increased from 162,600 shares at the end of the previous fiscal year to 184,700 shares. - FY2021-Q1Update to the number of shares remaining in the trustAnnual report
「The Company grants employees points based on individual contributions and other factors, and when they become eligible to receive benefits under certain conditions, provides them with Company shares corresponding to the points granted. The carrying amount and number of these treasury shares were ¥159.290 million and 162,600 shares, respectively, in the previous consolidated fiscal year, and ¥155.274 million and 158,500 shares, respectively, at the end of the first quarter of the current consolidated fiscal year.」
The employee J-ESOP program continued, and the remaining shares in the trust decreased from 162,600 shares at the end of the previous fiscal year to 158,500 shares. - FY2020-Q3Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥133.812 million and 141,600 shares, respectively, in the previous consolidated fiscal year, and ¥160.858 million and 164,200 shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
The employee stock benefit trust program continued, and the remaining shares in the trust increased from 141,600 shares at the end of the previous fiscal year to 164,200 shares. - FY2020-Q2Update to the number of shares remaining in the trustAnnual report
「The Company grants employees points based on individual contributions and other factors, and when they become eligible to receive benefits under certain conditions, provides them with Company shares corresponding to the points granted. The carrying amount and number of the Company's shares remaining in the trust were ¥133.812 million and 141,600 shares, respectively, in the previous consolidated fiscal year, and ¥161.151 million and 164,500 shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
The employee J-ESOP program continued, and the remaining shares in the trust increased from 141,600 shares at the end of the previous fiscal year to 164,500 shares. - FY2020-Q1Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥133.812 million and 141,600 shares, respectively, in the previous consolidated fiscal year, and ¥132.016 million and 139,700 shares, respectively, at the end of the first quarter of the current consolidated fiscal year.」
The remaining shares held in the employee J-ESOP trust decreased from 141,600 shares at the end of the previous fiscal year to 139,700 shares. - FY2019Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥136.836 million and 144,800 shares, respectively, in the previous consolidated fiscal year, and ¥133.812 million and 141,600 shares, respectively, in the current consolidated fiscal year.」
The remaining shares held in the employee J-ESOP trust decreased from 144,800 shares at the end of the previous fiscal year to 141,600 shares. - FY2019-Q3Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥136.836 million and 144,800 shares, respectively, in the previous consolidated fiscal year, and ¥134.757 million and 142,600 shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
The remaining shares held in the employee J-ESOP trust decreased from 144,800 shares at the end of the previous fiscal year to 142,600 shares. - FY2019-Q2Update to the number of shares remaining in the trustAnnual report
「The Company grants employees points based on individual contributions and other factors, and when they become eligible to receive benefits under certain conditions, provides them with Company shares corresponding to the points granted. The carrying amount and number of the Company's shares remaining in the trust were ¥136.836 million and 144,800 shares, respectively, in the previous consolidated fiscal year, and ¥135.418 million and 143,300 shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
The remaining shares held in the employee J-ESOP trust decreased from 144,800 shares at the end of the previous fiscal year to 143,300 shares. - FY2019-Q1Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥136.836 million and 144,800 shares, respectively, in the previous consolidated fiscal year, and ¥136.080 million and 144,000 shares, respectively, at the end of the first quarter of the current consolidated fiscal year.」
The remaining shares held in the employee stock benefit trust decreased from 144,800 shares at the end of the previous fiscal year to 144,000 shares. - FY2018Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥139.482 million and 147,600 shares, respectively, in the previous consolidated fiscal year, and ¥136.836 million and 144,800 shares, respectively, in the current consolidated fiscal year.」
The remaining shares held in the employee J-ESOP trust decreased from 147,600 shares at the end of the previous fiscal year to 144,800 shares. - FY2018-Q3Update to the number of shares remaining in the trustAnnual report
「The Company grants employees points based on individual contributions and other factors, and when they become eligible to receive benefits under certain conditions, provides them with Company shares corresponding to the points granted. The carrying amount and number of these treasury shares were ¥139.482 million and 147,600 shares, respectively, in the previous consolidated fiscal year, and ¥137.119 million and 145,100 shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
The remaining shares held in the employee stock benefit trust decreased from 147,600 shares at the end of the previous consolidated fiscal year to 145,100 shares. - FY2018-Q2Update to the number of shares remaining in the trustAnnual report
「The company awards employees points based on factors including their individual contributions and grants them company shares equivalent to the points awarded when they acquire the right to receive benefits under specified conditions.」
The remaining shares held in the employee stock benefit trust totaled 145,800 shares. - FY2018-Q1Update to the number of shares remaining in the trustAnnual report
「The carrying amount and number of these treasury shares were ¥139.482 million and 147,600 shares at the end of the previous consolidated fiscal year, and ¥138.537 million and 146,600 shares at the end of the first quarter of the current consolidated fiscal year, respectively.」
The number of J-ESOP shares remaining in the trust decreased from 147,600 at the end of the previous consolidated fiscal year to 146,600. - FY2017RestatedAnnual report
「The company has introduced an incentive plan, the Stock Benefit Trust (J-ESOP), under which shares of the company are granted to employees. The plan is designed to strengthen the linkage between the company’s share price and business performance and employee compensation, share the economic benefits with shareholders, and increase employees’ motivation and morale to improve the share price and business performance.」
The company continued to disclose the purpose and structure of the employee J-ESOP, and 147,600 shares remained in the trust at the end of the fiscal year. - FY2017-Q3RestatedAnnual report
「The company awards employees points based on factors including their individual contributions and grants them company shares equivalent to the points awarded when they acquire the right to receive benefits under specified conditions.」
The employee Stock Benefit Trust remains in place, with 148,100 shares remaining in the trust at the end of the third-quarter accounting period. - FY2017-Q2RestatedAnnual report
「The company awards employees points based on factors including their individual contributions and grants them company shares equivalent to the points awarded when they acquire the right to receive benefits under specified conditions.」
The employee Stock Benefit Trust remains in place, with 148,400 shares remaining in the trust. - FY2016First statedAnnual report
「The company has introduced an incentive plan, the Stock Benefit Trust (J-ESOP), under which shares of the company are granted to employees. The plan is designed to strengthen the linkage between the company’s share price and business performance and employee compensation, share the economic benefits with shareholders, and increase employees’ motivation and morale to improve the share price and business performance.」
The company introduced a system under which employees receive shares through a trust based on their points, and disclosed that 150,000 shares had been acquired under the system.