Enhancing Long-Term Corporate Value Through an Employee Share Ownership ESOP Trust
First written in FY2016. 4 of 36 entries say "Restated". Latest entry: FY2026.
Nippon Thompson moved to the "Worse" side of this theme in 2026.
6 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「At a meeting of the Board of Directors held on 10 November 2025, the Company introduced the Employee Shareholding ESOP Trust (the “Plan”) with the aim of further enhancing employee benefit programs for employees who support the Company's growth, raising employees' awareness of the Company's performance and share value by providing incentives linked to increases in the share price, and improving corporate value over the medium to long term.」
After the old ESOP trust ended on 10 September 2025, a new ESOP trust was reintroduced in November 2025. Under the new arrangement, shares will be acquired over five years and sold monthly to the Employees' Shareholding Association, with 774,200 shares scheduled for acquisition. - 2026-05-29ReframedGeneral Meetings of Shareholders
「At a meeting of the Board of Directors held on 10 November 2025, the Company resolved to reintroduce the employee incentive plan “Employee Shareholding ESOP Trust,” with the aim of further enhancing the employee benefits system supporting the Company’s growth, raising employees’ awareness of the Company’s performance and share value by providing incentives linked to an increase in the share price, and improving corporate value over the medium to long term.」
Following the termination of the ESOP Trust introduced in 2020, the disclosure stated that it would be reintroduced pursuant to the resolution of 10 November 2025, representing a transition from the previously terminated framework to a new scheme. - FY2026-H1AchievedAnnual report
「The transaction ended on 10 September 2025, the expiration date of the trust period established when it was introduced.」
The Employee Shareholding ESOP Trust reintroduced in August 2020 ended on 10 September 2025, the expiration date of the trust period, and no shares remained in the trust or borrowings were outstanding during the current interim consolidated accounting period. - FY2025Continued reduction in shares remaining in the reintroduced ESOP trustAnnual report
「The carrying amount and number of these treasury shares were ¥246 million and 645 thousand shares, respectively, in the previous consolidated fiscal year, and ¥172 million and 451 thousand shares, respectively, in the current consolidated fiscal year.」
Shares remaining in the reintroduced ESOP trust decreased from 645 thousand shares to 451 thousand shares, and their carrying amount decreased from ¥246 million to ¥172 million. - FY2025-H1Continued reduction in shares remaining in the reintroduced ESOP trustAnnual report
「The carrying amount and number of these treasury shares were ¥246 million and 645 thousand shares, respectively, in the previous consolidated fiscal year, and ¥213 million and 557 thousand shares, respectively, in the current interim consolidated accounting period.」
Shares remaining in the reintroduced Employee Shareholding ESOP Trust decreased from 645 thousand shares to 557 thousand shares, and their carrying amount decreased from ¥246 million to ¥213 million. - FY2024-Q3Continued reduction in shares remaining in the reintroduced ESOP trustAnnual report
「Under the Employee Shareholding ESOP Trust, the Company establishes a trust for the benefit of employees who participate in the Employees' Shareholding Association and meet certain requirements. The trust acquires, during a predetermined acquisition period, the number of the Company's shares expected to be acquired by the association over five years, and subsequently sells them to the association on a specified day each month. The carrying amount and number of these treasury shares were ¥316 million and 828 thousand shares, respectively, in the previous consolidated fiscal year, and ¥254 million and 666 thousand shares, respectively, in the current third quarter of the consolidated fiscal year.」
The five-year, monthly sale structure of the reintroduced ESOP trust continued, and shares remaining in the trust decreased from 828 thousand shares to 666 thousand shares, while their carrying amount decreased from ¥316 million to ¥254 million. - FY2024-Q2Continued reduction in shares remaining in the reintroduced ESOP trustAnnual report
「Under the Employee Shareholding ESOP Trust, the Company establishes a trust for the benefit of employees who participate in the Employees' Shareholding Association and meet certain requirements. The trust acquires, during a predetermined acquisition period, the number of the Company's shares expected to be acquired by the association over five years, and subsequently sells them to the association on a specified day each month.」
The five-year, monthly sale structure of the reintroduced ESOP trust continued, and shares remaining in the trust decreased from 828 thousand shares in the previous consolidated fiscal year to 735 thousand shares, while their carrying amount decreased from ¥316 million to ¥281 million. - FY2024-Q1Continued reduction in shares remaining in the reintroduced ESOP trustAnnual report
「The carrying amount and number of these treasury shares were ¥316 million and 828 thousand shares, respectively, in the previous consolidated fiscal year, and ¥308 million and 806 thousand shares, respectively, in the current first quarter of the consolidated fiscal year.」
Shares remaining in the reintroduced Employee Shareholding ESOP Trust decreased from 828 thousand shares to 806 thousand shares, and their carrying amount decreased from ¥316 million to ¥308 million. - FY2023Continued reduction in shares remaining in the reintroduced ESOP trustAnnual report
「The carrying amount and number of these treasury shares were ¥387 million and 1,014 thousand shares, respectively, in the previous consolidated fiscal year, and ¥316 million and 828 thousand shares, respectively, in the current consolidated fiscal year.」
The five-year, monthly sale structure of the reintroduced ESOP trust continued, and shares remaining in the trust decreased from 1,014 thousand shares to 828 thousand shares, while their carrying amount decreased from ¥387 million to ¥316 million. - FY2023-Q3Continued reduction in shares remaining in the reintroduced ESOP trustAnnual report
「The carrying amount and number of these treasury shares were ¥387 million and 1,014 thousand shares, respectively, in the previous consolidated fiscal year, and ¥325 million and 851 thousand shares, respectively, in the current third quarter of the consolidated fiscal year.」
Shares remaining in the reintroduced Employee Shareholding ESOP Trust decreased from 1,014 thousand shares to 851 thousand shares, and their carrying amount decreased from ¥387 million to ¥325 million. - FY2023-Q2Continued reduction in shares remaining in the reintroduced ESOP trustAnnual report
「Under the Employee Shareholding ESOP Trust, the Company establishes a trust for the benefit of employees who participate in the Nippon Thompson Employees' Shareholding Association and meet certain requirements. The trust acquires, during a predetermined acquisition period, the number of the Company's shares expected to be acquired by the association over five years, and subsequently sells them to the association on a specified day each month. The Company's shares remaining in the trust are recognized as treasury stock under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥387 million and 1,014 thousand shares, respectively, in the previous consolidated fiscal year, and ¥352 million and 921 thousand shares, respectively, in the current second quarter of the consolidated fiscal year.」
The five-year, monthly sale structure of the reintroduced ESOP trust continued, and shares remaining in the trust decreased from 1,014 thousand shares to 921 thousand shares, while their carrying amount decreased from ¥387 million to ¥352 million. - FY2023-Q1Continued reduction in shares remaining in the reintroduced ESOP trustAnnual report
「The carrying amount and number of these treasury shares were ¥387 million and 1,014 thousand shares, respectively, in the previous consolidated fiscal year, and ¥378 million and 989 thousand shares, respectively, in the current first quarter of the consolidated fiscal year.」
Shares remaining in the reintroduced Employee Shareholding ESOP Trust decreased from 1,014 thousand shares to 989 thousand shares, and their carrying amount decreased from ¥387 million to ¥378 million. - FY2022Continued reduction in shares remaining in the reintroduced ESOP trustAnnual report
「The carrying amount and number of these treasury shares were ¥446 million and 1,168 thousand shares, respectively, in the previous consolidated fiscal year, and ¥387 million and 1,014 thousand shares, respectively, in the current consolidated fiscal year.」
Under the ESOP trust reintroduced in August 2020, the five-year arrangement of selling shares to the Employees' Shareholding Association continued, and shares remaining in the trust decreased from 1,168 thousand shares to 1,014 thousand shares. - FY2022-Q3Continued reduction in shares remaining in the reintroduced ESOP trustAnnual report
「Under the Employee Shareholding ESOP Trust, the Company establishes a trust for the benefit of employees who participate in the Nippon Thompson Employees' Shareholding Association and meet certain requirements. The trust acquires, during a predetermined acquisition period, the number of the Company's shares expected to be acquired by the Nippon Thompson Employees' Shareholding Association over five years, and subsequently sells them to the association on a specified day each month. The Company's shares remaining in the trust are recognized as treasury stock under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥446 million and 1,168 thousand shares, respectively, in the previous consolidated fiscal year, and ¥397 million and 1,038 thousand shares, respectively, in the current third quarter of the consolidated fiscal year.」
Shares remaining in the reintroduced ESOP trust decreased from 1,168 thousand shares to 1,038 thousand shares, and their carrying amount decreased from ¥446 million to ¥397 million. - FY2022-Q2Continued reduction in shares remaining in the reintroduced ESOP trustAnnual report
「The Company's shares remaining in the trust are recognized as treasury stock under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥446 million and 1,168 thousand shares, respectively, in the previous consolidated fiscal year, and ¥417 million and 1,091 thousand shares, respectively, in the current second quarter of the consolidated fiscal year.」
Shares remaining in the reintroduced ESOP trust decreased from 1,168 thousand shares to 1,091 thousand shares, and their carrying amount decreased from ¥446 million to ¥417 million. - FY2022-Q1Continued reduction in shares remaining in the reintroduced ESOP trustAnnual report
「The carrying amount and number of these treasury shares were ¥446 million and 1,168 thousand shares, respectively, in the previous consolidated fiscal year, and ¥438 million and 1,146 thousand shares, respectively, in the current first quarter of the consolidated fiscal year.」
Shares remaining in the reintroduced Employee Shareholding ESOP Trust decreased from 1,168 thousand shares to 1,146 thousand shares, and their carrying amount decreased from ¥446 million to ¥438 million. - FY2021Reduction in shares remaining in the reintroduced ESOP trustAnnual report
「The carrying amount and number of these treasury shares were ¥105 million and 121 thousand shares, respectively, in the previous consolidated fiscal year, and ¥446 million and 1,168 thousand shares, respectively, in the current consolidated fiscal year.」
Under the ESOP trust reintroduced in August 2020, the five-year arrangement of monthly sales continued, and shares remaining in the trust decreased from 1,194 thousand shares to 1,168 thousand shares. The number of shares scheduled for acquisition under the new arrangement is 1,308,300 shares. - FY2021-Q3Decrease in shares remaining in the ESOP TrustAnnual report
「The carrying amount and number of these treasury shares were ¥105 million and 121 thousand shares, respectively, in the previous consolidated fiscal year, and ¥456 million and 1,194 thousand shares, respectively, in the current third quarter of the consolidated fiscal year.」
Shares remaining in the reintroduced Employee Shareholding ESOP Trust decreased from 1,294 thousand shares at the end of the second quarter to 1,194 thousand shares, while their carrying amount was ¥456 million. - FY2021-Q2ReframedAnnual report
「At a meeting of the Board of Directors held on 7 August 2020, the Company resolved to reintroduce the employee incentive plan, the Employee Shareholding ESOP Trust, with the aim of further enhancing employee benefit programs for employees who support the Company's growth, raising employees' awareness of the Company's performance and share value by providing incentives linked to increases in the share price, and improving corporate value over the medium to long term. The Employee Shareholding ESOP Trust, which had been introduced in February 2018, ended in July 2020 after the trust sold all of the Company's shares it held.」
The previous ESOP trust ended in July 2020, and a new ESOP trust was reintroduced in August 2020. The new arrangement involves acquiring shares over five years and selling them monthly, with 1,294 thousand shares remaining at the end of the second quarter. - FY2021-Q1Continued decrease in shares remaining in the ESOP TrustAnnual report
「The carrying amount and number of these treasury shares were ¥105 million and 121 thousand shares, respectively, in the previous consolidated fiscal year, and ¥66 million and 76 thousand shares, respectively, in the current first quarter of the consolidated fiscal year.」
While continuing the ESOP trust's five-year, monthly sale structure, shares remaining in the trust decreased from 121 thousand shares to 76 thousand shares, and their carrying amount decreased from ¥105 million to ¥66 million. - FY2020Continued reduction in shares remaining in the ESOP trust and recognition of a provision for losses on guaranteesAnnual report
「The Company's shares remaining in the trust are recognized as treasury stock under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥310 million and 358 thousand shares, respectively, in the previous consolidated fiscal year, and ¥105 million and 121 thousand shares, respectively, in the current consolidated fiscal year.」
Shares remaining in the ESOP trust decreased from 358 thousand shares to 121 thousand shares. Meanwhile, a provision for losses on debt guarantees of ¥170 million was recognized for the estimated amount required to repay the trust's borrowings. - FY2020-Q3Continued decrease in shares remaining in the ESOP TrustAnnual report
「Under the Employee Share Ownership ESOP Trust, the Company establishes a trust for the benefit of employees who participate in the 日本トムソン Employee Shareholding Association (the “Company Shareholding Association”) and meet certain requirements. The trust acquires, during a predetermined acquisition period, the number of the Company’s shares expected to be acquired by the Company Shareholding Association over the 5-year period, and subsequently sells them to the Company Shareholding Association on a specified date each month. The Company records the shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding associated costs. The carrying value and number of these treasury shares were ¥310 million and 358 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥139 million and 160 thousand shares, respectively, at the end of the third quarter of the current consolidated fiscal year.」
While the ESOP Trust’s 5-year scheme of monthly share sales remains in place, the shares remaining in the trust decreased from 358 thousand to 160 thousand, and their carrying value decreased from ¥310 million to ¥139 million. - FY2020-Q2Continued decrease in shares remaining in the ESOP TrustAnnual report
「Under the Employee Share Ownership ESOP Trust, the Company establishes a trust for the benefit of employees who participate in the 日本トムソン Employee Shareholding Association (the “Company Shareholding Association”) and meet certain requirements. The trust acquires, during a predetermined acquisition period, the number of the Company’s shares expected to be acquired by the Company Shareholding Association over the 5-year period, and subsequently sells them to the Company Shareholding Association on a specified date each month. The Company records the shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding associated costs. The carrying value and number of these treasury shares were ¥310 million and 358 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥210 million and 242 thousand shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
While the Company continued the monthly share sales through the 5-year ESOP Trust, the shares remaining in the trust decreased from 358 thousand to 242 thousand, and their carrying value decreased from ¥310 million to ¥210 million. - FY2020-Q1Continued decrease in shares remaining in the ESOP TrustAnnual report
「The carrying value and number of these treasury shares were ¥310 million and 358 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥282 million and 325 thousand shares, respectively, at the end of the first quarter of the current consolidated fiscal year.」
While the Company continued the monthly share sales through the 5-year ESOP Trust, the shares remaining in the trust decreased from 358 thousand to 325 thousand, and their carrying value decreased from ¥310 million to ¥282 million. - FY2019Continued decrease in shares remaining in the ESOP TrustAnnual report
「The Company records the shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding associated costs. The carrying value and number of these treasury shares were ¥416 million and 480 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥310 million and 358 thousand shares, respectively, at the end of the current consolidated fiscal year.」
The Company continued the monthly share sales through the 5-year ESOP Trust, and the shares remaining decreased from 480 thousand to 358 thousand, while their carrying value decreased from ¥416 million to ¥310 million. - FY2019-Q3Continued decrease in shares remaining in the ESOP TrustAnnual report
「Under the Employee Share Ownership ESOP Trust, the Company establishes a trust for the benefit of employees who participate in the 日本トムソン Employee Shareholding Association (the “Company Shareholding Association”) and meet certain requirements. The trust acquires, during a predetermined acquisition period, the number of the Company’s shares expected to be acquired by the Company Shareholding Association over the 5-year period, and subsequently sells them to the Company Shareholding Association on a specified date each month.」
While the ESOP Trust’s 5-year scheme of monthly share sales remains in place, the shares remaining in the trust decreased from 480 thousand at the end of the previous consolidated fiscal year to 379 thousand, and their carrying value decreased from ¥416 million to ¥328 million. - FY2019-Q2Continued decrease in shares remaining in the ESOP TrustAnnual report
「The carrying value and number of these treasury shares were ¥416 million and 480 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥374 million and 431 thousand shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
While the ESOP Trust scheme remains in place, the shares remaining in the trust decreased from 480 thousand to 431 thousand, and their carrying value decreased from ¥416 million to ¥374 million. - FY2019-Q1Continued decrease in shares remaining in the ESOP TrustAnnual report
「Under the Employee Share Ownership ESOP Trust, the Company establishes a trust for the benefit of employees who participate in the 日本トムソン Employee Shareholding Association (the “Company Shareholding Association”) and meet certain requirements. The trust acquires, during a predetermined acquisition period, the number of the Company’s shares expected to be acquired by the Company Shareholding Association over the 5-year period, and subsequently sells them to the Company Shareholding Association on a specified date each month.」
The Company disclosed the scheme of monthly share sales through the 5-year ESOP Trust. Shares remaining in the trust decreased from 480 thousand at the end of the previous consolidated fiscal year to 467 thousand at the end of the first quarter of the current fiscal year. - FY2018-Q3AdvancedAnnual report
「The transaction is scheduled to end on 20 March 2018, the expiration date of the trust period established when the scheme was introduced.」
The Employee Share Ownership ESOP Trust was scheduled to end on 20 March 2018. At the end of the third quarter of the current fiscal year, there were no shares remaining in the trust and no borrowings recorded under the gross method. - FY2018-Q2Further decrease in shares remaining in the ESOP TrustAnnual report
「The Company records the shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding associated costs. The carrying value and number of these treasury shares were ¥48 million and 113 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥18 million and 43 thousand shares, respectively, at the end of the second quarter of the current consolidated fiscal year.」
The shares remaining in the ESOP Trust decreased from 113 thousand to 43 thousand, while their carrying value decreased from ¥48 million to ¥18 million. - FY2018-Q1Decrease in shares remaining in the ESOP TrustAnnual report
「The Company records the shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding associated costs. The carrying value and number of these treasury shares were ¥48 million and 113 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥39 million and 93 thousand shares, respectively, at the end of the first quarter of the current consolidated fiscal year.」
The Employee Share Ownership ESOP Trust scheme remains in place, but the shares remaining in the trust decreased from 113 thousand to 93 thousand. - FY2017RestatedAnnual report
「Under the Employee Share Ownership ESOP Trust, the Company establishes a trust for the benefit of employees who participate in the 日本トムソン Employee Shareholding Association and meet certain requirements. The trust acquires, over the 5-year period, the number of the Company’s shares expected to be acquired by the Company Shareholding Association, and subsequently sells them to the Company Shareholding Association on a specified date each month.」
The scheme of selling shares to the employee shareholding association through the 5-year ESOP Trust remains in place. The trust held 113,700 shares at the end of the period. - FY2017-Q3RestatedAnnual report
「Under the Employee Share Ownership ESOP Trust, the Company establishes a trust for the benefit of employees who participate in the 日本トムソン Employee Shareholding Association (the “Company Shareholding Association”) and meet certain requirements. The trust acquires, during a predetermined acquisition period, the number of the Company’s shares expected to be acquired by the Company Shareholding Association over the 5-year period, and subsequently sells them to the Company Shareholding Association on a specified date each month.」
The scheme of selling the acquired shares to the employee shareholding association each month through the 5-year ESOP Trust remains in place. - FY2017-Q2RestatedAnnual report
「Under the Employee Share Ownership ESOP Trust, the Company establishes a trust for the benefit of employees who participate in the 日本トムソン Employee Shareholding Association (the “Company Shareholding Association”) and meet certain requirements. The trust acquires, during a predetermined acquisition period, the number of the Company’s shares expected to be acquired by the Company Shareholding Association over the 5-year period, and subsequently sells them to the Company Shareholding Association on a specified date each month.」
The scheme of selling the acquired shares to the employee shareholding association each month through the 5-year ESOP Trust remains in place. - FY2017-Q1RestatedAnnual report
「Under the Employee Share Ownership ESOP Trust, the Company establishes a trust for the benefit of employees who participate in the 日本トムソン Employee Shareholding Association (the “Company Shareholding Association”) and meet certain requirements. The trust acquires, during a predetermined acquisition period, the number of the Company’s shares expected to be acquired by the Company Shareholding Association over the 5-year period, and subsequently sells them to the Company Shareholding Association on a specified date each month.」
The scheme for distributing shares through the 5-year Employee Share Ownership ESOP Trust remains in place. The trust held 303 thousand shares at the end of the quarter. - FY2016First statedAnnual report
「The Company resolved to introduce the Employee Share Ownership ESOP Trust as an employee incentive plan to enhance its corporate value over the medium to long term.」
This is a scheme under which shares are sold to the employee shareholding association through a 5-year trust. The planned number of shares to be acquired is 789,000.