Sharing Value with Shareholders through Restricted Stock Compensation
First written in FY2019. 2 of 4 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2022-Q2.
- FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 12 November 2021, the Company resolved to dispose of treasury shares as restricted stock compensation.」
Resolved to dispose of 65,000 treasury shares for executive officers and employees as restricted stock compensation, extending the mechanism for sharing value with shareholders to employees. - FY2021RestatedAnnual report
「Non-monetary compensation and other compensation shall consist of restricted stock, based on 10% of the fixed compensation component, and the specific timing and allocation of payments to each eligible director shall be determined by the Board of Directors.」
Continues restricted stock compensation and specifies a compensation policy based on 10% of the fixed compensation component for full-time directors. - FY2020-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 21 June 2019, the Company resolved to issue new shares under its restricted stock compensation plan, and the payment procedures were completed on 19 July 2019.」
For restricted stock compensation for directors, the Company reported the issuance of new shares and completion of the payment procedures following approval of the plan. It also issued 38,330 shares for executive officers and employees, moving the plan into the implementation stage. - FY2019First statedAnnual report
「The Company has resolved to introduce a restricted stock compensation plan to provide incentives for the sustainable enhancement of corporate value and further promote value sharing with shareholders.」
Following a resolution by the Board of Directors in April 2019, the Ordinary General Meeting of Shareholders held in June 2019 resolved a proposal to provide eligible directors with monetary claims of up to ¥100 million per year as restricted stock compensation.