Introduction of a Trust-Based Employee Stock Ownership Incentive Plan
First written in FY2025-H1. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
22 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Thereafter, the E-Ship Trust will continuously sell the Company’s shares to the association. If, at the end of the trust period, an amount equivalent to gains on the sale of shares has accumulated within the E-Ship Trust, that amount will be distributed as residual assets to persons who meet the beneficiary eligibility requirements.」
Operated E-Ship® and sold 44,900 shares from the trust to the employee stock ownership association during the period. The trust held 123,500 shares at period-end, continuing the implementation of employee participation as shareholders and improved engagement. - FY2025AdvancedAnnual report
「Under this plan, the Company will establish a dedicated trust account for the 東洋電機 Employee Stock Ownership Association with a trust bank. Using borrowings from its business partner financial institution as the source of funds, the E-Ship Trust will acquire in advance from the Company, through a third-party allotment, the number of the Company’s common shares expected to be acquired by the association over approximately 3 years and 4 months after the trust is established.」
Implemented E-Ship® with a trust period of approximately 3 years and 4 months and a planned acquisition volume of 180,700 shares. This gives concrete form to employee participation in enhancing corporate value and improving engagement. - FY2025-H1First statedAnnual report
「At a meeting of the Board of Directors held on 14 January 2025, the Company resolved to introduce the “Trust-Type Employee Stock Incentive Plan (E-Ship®)” to provide employees of the Group with incentives to enhance the Group’s corporate value over the medium to long term, expand employee benefits, and improve engagement through capital participation as shareholders, among other objectives.」
Introduced E-Ship®, under which a trust will acquire and sell shares over approximately 3 years and 4 months for the employee stock ownership association. The Company also resolved to dispose of 180,700 treasury shares through a third-party allotment for a total disposal amount of ¥219,911,900.