Introduction of an ESOP Trust Supporting the Employee Share Ownership Plan
First written in FY2018. 9 of 22 entries say "Restated". Latest entry: FY2025-H1.
37 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「The trust was terminated in September 2024.」
The Employee Stock Ownership Plan Support Trust ESOP was terminated in September 2024, and both the trust's remaining shares and the borrowings recognized under the gross method were zero at the end of the interim accounting period. - FY2024Further declines in shares held by the ESOP trust and borrowingsAnnual report
「The carrying value and number of shares of these treasury shares were ¥13.057 million and 80,600 shares in the previous fiscal year, and ¥5.119 million and 31,600 shares in the current fiscal year, respectively.」
Shares held by the ESOP trust decreased from 80,600 shares to 31,600 shares, while their carrying value decreased from ¥13.057 million to ¥5.119 million. - FY2024-Q3Further decrease in shares held by the ESOP trust and book valueAnnual report
「End of the previous fiscal year Carrying value ¥13.057 million, 80,600 shares End of the third quarter of the current fiscal year Carrying value ¥7.014 million, 43,300 shares」
Shares held by the ESOP trust decreased further from 80,600 shares at the end of the previous fiscal year to 43,300 shares, while their carrying value decreased from ¥13.057 million to ¥7.014 million. - FY2024-Q2Decrease in shares held by the ESOP trust and book valueAnnual report
「End of the previous fiscal year Carrying value ¥13.057 million, 80,600 shares End of the second quarter of the current fiscal year Carrying value ¥9.120 million, 56,300 shares」
Shares held by the ESOP trust decreased from 80,600 shares at the end of the previous fiscal year to 56,300 shares, while their carrying value decreased from ¥13.057 million to ¥9.120 million. - FY2024-Q1Decrease in shares held by the ESOP trust and book valueAnnual report
「End of the previous fiscal year Carrying value ¥13.057 million, 80,600 shares End of the first quarter of the current fiscal year Carrying value ¥11.485 million, 70,900 shares」
Shares held by the ESOP trust decreased from 80,600 shares at the end of the previous fiscal year to 70,900 shares, while their carrying value decreased from ¥13.057 million to ¥11.485 million. - FY2023Decrease in shares held by the ESOP trust and book valueAnnual report
「The book value and number of shares of these treasury shares were ¥20.298 million and 125,300 shares, respectively, at the end of the previous fiscal year, and ¥13.057 million and 80,600 shares, respectively, at the end of the current fiscal year.」
Shares held by the ESOP trust decreased from 125,300 shares to 80,600 shares, while their carrying value decreased from ¥20.298 million to ¥13.057 million. - FY2023-Q3Further decrease in shares held by the ESOP trust and book valueAnnual report
「At the end of the previous fiscal year: book value ¥20.298 million; 125,300 shares At the end of the third accounting period: book value ¥15.082 million; 93,100 shares」
Shares held by the ESOP trust decreased from 125,300 at the end of the previous fiscal year to 93,100, while the book value decreased from ¥20.298 million to ¥15.082 million. - FY2023-Q2Decrease in shares held by the ESOP trust and book valueAnnual report
「At the end of the second accounting period: book value ¥16.394 million; 101,200 shares」
Shares held by the ESOP trust decreased from 125,300 at the end of the previous fiscal year to 101,200, while the book value decreased from ¥20.298 million to ¥16.394 million. - FY2023-Q1Decrease in shares held by the ESOP trust and book valueAnnual report
「At the end of the first accounting period: book value ¥18.727 million; 115,600 shares」
Shares held by the ESOP trust decreased from 125,300 at the end of the previous fiscal year to 115,600, while the book value decreased from ¥20.298 million to ¥18.727 million. - FY2022Decrease in shares held by the ESOP trust and outstanding borrowingsAnnual report
「The book value and number of shares of these treasury shares were ¥28.074 million and 173,300 shares, respectively, at the end of the previous fiscal year, and ¥20.298 million and 125,300 shares, respectively, at the end of the current fiscal year.」
Shares held by the ESOP trust decreased from 173,300 to 125,300, while the book value decreased from ¥28.074 million to ¥20.298 million. - FY2022-Q3Decline in Shares Held by the ESOP TrustAnnual report
「At the end of the third accounting period: book value ¥22.809 million; 140,800 shares」
Shares held by the employee shareholding association support trust decreased from 164,200 at the end of the previous first quarter to 140,800, while the book value decreased from ¥26.600 million to ¥22.809 million. - FY2022-Q1RestatedAnnual report
「At the end of the first accounting period: book value ¥26.600 million; 164,200 shares」
The employee shareholding association support trust ESOP continued to operate, with the trust holding 164,200 shares and a book value of ¥26.600 million at the end of the first quarter. - FY2021-Q3RestatedAnnual report
「At the end of the third accounting period: book value ¥29.937 million; 184,800 shares」
The employee shareholding association support trust ESOP continued to operate, with the trust holding 184,800 shares and a book value of ¥29.937 million at the end of the third quarter. - FY2021-Q2RestatedAnnual report
「At the end of the second accounting period: book value ¥31.314 million; 193,300 shares」
The employee shareholding association support trust ESOP continued to operate, with the trust holding 193,300 shares and a book value of ¥31.314 million at the end of the second quarter. - FY2020RestatedAnnual report
「The company's shares held by the trust are recorded as treasury shares under net assets at the trust's book value, excluding incidental expenses. The book value and number of shares of these treasury shares were ¥48.551 million and 299,700 shares, respectively, at the end of the previous fiscal year, and ¥37.049 million and 228,700 shares, respectively, at the end of the current fiscal year.」
The employee shareholding association support trust ESOP continued to operate, and the company disclosed that the trust held 228,700 shares with a book value of ¥37.049 million at the end of FY2020. - FY2020-Q3RestatedAnnual report
「At the end of the third accounting period: book value ¥40.111 million; 247,600 shares」
The employee shareholding association support trust ESOP continued to operate, with the trust holding 247,600 shares and a book value of ¥40.111 million at the end of the third quarter. - FY2020-Q2RestatedAnnual report
「At the end of the cumulative second-quarter period: book value ¥41.860 million; 258,400 shares」
The employee shareholding association support trust ESOP continued to operate, with the trust holding 258,400 shares and a book value of ¥41.860 million at the end of the second quarter. - FY2020-Q1RestatedAnnual report
「At the end of the cumulative first-quarter period: book value ¥46.251 million; 285,500 shares」
The employee shareholding association support trust ESOP continued to operate, with the trust holding 285,500 shares and a book value of ¥46.251 million at the end of the cumulative first-quarter period. - FY2019-Q3RestatedAnnual report
「The company's shares held by the trust are recorded as treasury shares under net assets at the trust's book value, excluding incidental expenses. At the end of the third accounting period, the book value and number of shares of these treasury shares were ¥51.354 million and 317,000 shares, respectively.」
The employee shareholding association support trust ESOP continued to operate, and the company disclosed that the trust held 317,000 shares with a book value of ¥51.354 million at the end of the third quarter. - FY2019-Q2RestatedAnnual report
「The company's shares held by the trust are recorded as treasury shares under net assets at the trust's book value, excluding incidental expenses. At the end of the second accounting period, the book value and number of shares of these treasury shares were ¥54.302 million and 335,200 shares, respectively.」
Under the ESOP, 335,200 shares held by the trust, with a book value of ¥54.302 million, were recorded at the end of the second quarter, confirming the scheme's continued operation. - FY2019-Q1AdvancedAnnual report
「The company's shares held by the trust are recorded as treasury shares under net assets at the trust's book value, excluding incidental expenses. At the end of the first accounting period, the book value and number of shares of these treasury shares were ¥57.202 million and 353,100 shares, respectively.」
For the employee shareholding association support trust ESOP approved in the previous fiscal year, 353,100 shares held by the trust, with a book value of ¥57.202 million, were recorded at the end of the first quarter, confirming that the scheme had entered the implementation stage. - FY2018First statedAnnual report
「The purpose of this scheme is to enhance employees' awareness of the company's share price and their motivation to work, improve employee welfare and increase corporate value by steadily supplying company shares to the Miyairi Valve Employee Shareholding Association and distributing to employees the income generated from managing the trust assets.」
The company introduced an ESOP to improve employees' awareness of the share price, motivation to work, welfare and corporate value. The trust period runs from 25 May 2018 to 2 June 2025, and the plan calls for the disposal of 353,100 treasury shares by third-party allotment for ¥57.202 million.