Employee Participation in Management and Enhancing Corporate Value Through an ESOP Trust
First written in FY2016. 2 of 11 entries say "Restated". Latest entry: FY2021.
9 other companies' latest entry also says "Achieved".
- FY2021AchievedAnnual report
「We had introduced an ESOP trust as an incentive plan designed to foster employees' sense of belonging and participation in management, heighten their motivation and morale to improve long-term performance and increase the share price, and enhance corporate value over the medium to long term, but the plan ended in March 2021 upon expiration of the trust period.」
The ESOP trust ended in March 2021, all shares held in the trust account were distributed to employees meeting the beneficiary requirements, and no shares remained at the end of the fiscal year. - FY2021-Q3Decrease in shares remaining in the ESOP trust accountAnnual report
「The company's shares held by the share grant ESOP trust account (previous consolidated fiscal year-end: carrying amount ¥51,262 thousand, 145,800 shares; end of the third quarter of the current consolidated fiscal year: carrying amount ¥49,434 thousand, 140,600 shares) are recorded as treasury shares.」
Shares held by the ESOP trust account decreased from 145,800 to 140,600 and continued to be accounted for as treasury shares. - FY2021-Q2Decrease in shares remaining in the ESOP trust accountAnnual report
「The company's shares held by the share grant ESOP trust account (previous consolidated fiscal year-end: carrying amount ¥51,262 thousand, 145,800 shares; end of the second quarter of the current consolidated fiscal year: carrying amount ¥49,715 thousand, 141,400 shares) are recorded as treasury shares.」
Shares held by the ESOP trust account decreased from 145,800 at the end of June 2020 to 141,400 at the end of December 2020, and continued to be accounted for as treasury shares. - FY2020Decrease in shares remaining in the ESOP trust accountAnnual report
「Under the share grant rules, the trust delivers the company's shares to employees free of charge upon retirement, with the number of shares determined by each employee's years of service and position during the trust period.」
The company continued distributing shares to employees through the ESOP trust, and the company's shares remaining in the trust decreased from 158,900 at the end of the previous consolidated fiscal year to 145,800 at the end of the current consolidated fiscal year. - FY2020-Q3Decrease in shares remaining in the ESOP trust accountAnnual report
「※2 The company's shares held by the share grant ESOP trust account (previous consolidated fiscal year-end: carrying amount ¥55,868 thousand, 158,900 shares; end of the third quarter of the current consolidated fiscal year: carrying amount ¥53,266 thousand, 151,500 shares) are recorded as treasury shares.」
Shares held by the ESOP trust account totaled 151,500 at the end of the third quarter and continued to be accounted for as treasury shares. - FY2020-Q2Decrease in shares remaining in the ESOP trust accountAnnual report
「※2 The company's shares held by the share grant ESOP trust account (previous consolidated fiscal year-end: carrying amount ¥55,868 thousand, 158,900 shares; end of the second quarter of the current consolidated fiscal year: carrying amount ¥53,829 thousand, 153,100 shares) are recorded as treasury shares.」
Shares held by the ESOP trust account decreased from 158,900 at the end of the previous consolidated fiscal year to 153,100 at the end of the second quarter of the current consolidated fiscal year, and continued to be accounted for as treasury shares. - FY2020-Q1RestatedAnnual report
「The 158,900 shares held by the share grant ESOP trust account are not included in the treasury shares and other shares stated above. However, for accounting purposes, the company and the share grant ESOP trust are treated as a single entity, and the shares are therefore accounted for as treasury shares on the consolidated balance sheet.」
The company continued to account for the 158,900 shares held by the ESOP trust account as treasury shares. - FY2019Decrease in shares remaining in the share grant ESOP trust account due to share grantsAnnual report
「Under the share grant rules, the trust delivers the company's shares to employees free of charge upon retirement, with the number of shares determined by each employee's years of service and position during the trust period.」
The company continued distributing shares to employees through the ESOP trust, and the shares remaining in the trust decreased from 161,200 at the end of the previous fiscal year to 158,900. - FY2019-Q1RestatedAnnual report
「The 161,200 shares held by the share grant ESOP trust account are not included in the treasury shares and other shares stated above. However, for accounting purposes, the company and the share grant ESOP trust are treated as a single entity, and the shares are therefore accounted for as treasury shares on the consolidated balance sheet. The above figures are based on the shareholder register as of the immediately preceding record date, 30 June 2018. As the company was able to confirm the holdings of treasury shares as of the end of the first quarter of the current consolidated fiscal year, the number of shares held by the share grant ESOP trust account and accounted for as treasury shares in the quarterly consolidated financial statements for the first quarter was 161,100.」
The company continued to account for shares held by the ESOP trust as treasury shares, and disclosed that the trust held 161,100 shares at the end of the quarter. - FY2018AdvancedAnnual report
「Under the share grant rules, the trust delivers the company's shares to employees free of charge upon retirement, with the number of shares determined by each employee's years of service and position during the trust period.」
The operating details of the ESOP trust were specified, and 161,200 shares remaining in the trust at the end of the consolidated fiscal year were disclosed. - FY2016First statedAnnual report
「We have introduced an ESOP trust as an incentive plan designed to foster employees' sense of belonging and participation in management, heighten their motivation and morale to improve long-term performance and increase the share price, and enhance corporate value over the medium to long term.」
The total number of shares scheduled to be acquired for employees is 170,500.