Stock Options Linked to Cumulative Operating Profit Under the Medium-Term Management Plan
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2019.
0 other companies' latest entry also says "Dropped".
- FY2019DroppedAnnual report
「2015 stock options Before vesting (shares) End of previous consolidated fiscal year 12,500 Forfeited 12,500 Unvested balance－」
The 12,500 shares remaining under the 2015 stock options, which were linked to cumulative operating profit under the medium-term management plan, were forfeited, bringing the scheme to an end. - FY2018RestatedAnnual report
「The company has established the following exercise-eligibility percentages for the stock acquisition rights based on cumulative consolidated operating profit of ¥6.3 billion for the 3 fiscal years from the 63rd fiscal year (fiscal year ended March 2016), the target of the medium-term management plan formulated by the company, through the 65th fiscal year (fiscal year ended March 2018).」
The company maintains performance-based conditions that determine the exercise-eligibility percentage of the stock acquisition rights according to cumulative operating profit for the 3 fiscal years. - FY2017RestatedAnnual report
「The company has established the following exercise-eligibility percentages for the stock acquisition rights based on cumulative consolidated operating profit of ¥6.3 billion for the 3 fiscal years from the 63rd fiscal year (fiscal year ended March 2016) through the 65th fiscal year (fiscal year ended March 2018).」
The company maintains performance-based conditions determining the exercise-eligibility percentage of the stock acquisition rights according to whether cumulative operating profit for the 3 fiscal years exceeds ¥5.7 billion, ¥6.0 billion or ¥6.3 billion. - FY2016First statedAnnual report
「The company has established the following exercise-eligibility percentages for the stock acquisition rights based on cumulative consolidated operating profit of ¥6.3 billion for the 3 fiscal years from the 63rd fiscal year (fiscal year ended March 2016), the target of the medium-term management plan formulated by the company, through the 65th fiscal year (fiscal year ended March 2018).」
The structure provides for an exercise-eligibility percentage of 100% if cumulative operating profit exceeds ¥6.3 billion, 60% if it exceeds ¥6.0 billion, 30% if it exceeds ¥5.7 billion, and 0% if it is ¥5.7 billion or less.