Discontinuation of the director retirement benefit plan and introduction of a restricted stock compensation plan
First written in FY2018. 7 of 10 entries say "Advanced", first in FY2020. Latest entry: 2026-06-29.
The whole theme swung hardest in 2024: 3 of 32 companies on the "Worse" side.
32 other companies' latest entry also says "Advanced".
- 2026-06-29AdvancedShare Issuance and Disposal
「Following this, at a meeting of the Board of Directors held today and through consultation by the Audit and Supervisory Committee, the Company resolved or determined to grant monetary compensation receivables totalling ¥29,379,320 to 5 Directors excluding Directors who are Audit and Supervisory Committee Members and 3 Directors who are Audit and Supervisory Committee Members, taking into account the purpose of this scheme, the Company’s performance, the scope of responsibility of each eligible Director and other factors. The amount is ¥22,188,770 for the 5 Directors excluding Directors who are Audit and Supervisory Committee Members and ¥7,190,550 for the 3 Directors who are Audit and Supervisory Committee Members. At a meeting of the Board of Directors held today, the Company also resolved to dispose of treasury shares comprising 5,332 common shares of the Company by having the 8 eligible Directors, who are the planned allottees under this scheme, contribute the full amount of these monetary compensation receivables as property contributed in kind.」
Under the existing restricted-stock compensation scheme, the company specifically resolved to grant monetary compensation receivables to 5 Directors and 3 Directors who are Audit and Supervisory Committee Members and to dispose of 5,332 treasury shares. This was an additional implementation disclosure demonstrating the scheme’s continued operation. - FY2026AdvancedAnnual report
「The 22 thousand-share decrease in treasury stock resulted from transfers under the stock compensation plan.」
As part of the operation of the restricted stock compensation plan, approximately 22 thousand treasury shares were granted during the fiscal year. - FY2025AdvancedAnnual report
「Other (Transfers under the stock compensation plan) 12,358 38,224,406」
Under the restricted stock compensation plan, 12,358 shares worth ¥38,224,406 were granted during the fiscal year. - FY2024AdvancedAnnual report
「Other (Transfers under the stock compensation plan) 1,378 4,262,623」
Under the restricted stock compensation plan, 1,378 shares worth ¥4,262,623 were granted during the fiscal year. - FY2022AdvancedAnnual report
「Other (transfers under the stock compensation plan) 4,362 13,501,001」
Under the restricted stock compensation plan, 4,362 shares were granted during the fiscal year. - FY2021AdvancedAnnual report
「Directors' compensation consists of basic monetary compensation paid at a fixed monthly amount, bonuses linked to short-term performance, and non-monetary restricted stock compensation linked to medium- to long-term shareholder value.」
The restricted stock compensation plan was continued, and 4,141 shares were granted during the period. The compensation structure, consisting of basic compensation, short-term performance-linked bonuses, and stock compensation linked to medium- to long-term shareholder value, is also specified. - FY2020AdvancedAnnual report
「Other (transfers under the stock compensation plan) / 2,129 / 6,588,467」
Under the restricted stock compensation plan already introduced, 2,129 shares were granted during the fiscal year. - FY2019RestatedAnnual report
「The Company had previously recorded the amount payable at the end of each fiscal year under its internal rules in preparation for the payment of directors' retirement bonuses. However, at a meeting of the Board of Directors held on 11 May 2018, it resolved to abolish the directors' retirement bonus system effective upon the conclusion of the Annual General Meeting of Shareholders held on 26 June 2018, and that meeting approved the lump-sum payment of directors' retirement bonuses.」
The Company continues to disclose that the directors' retirement bonus system has been abolished and the restricted stock compensation plan introduced. - FY2019-Q1AchievedAnnual report
「The Company had previously recorded the amount payable at the end of each fiscal year under its internal rules in preparation for the payment of directors' retirement bonuses. However, at a meeting of the Board of Directors held on 11 May 2018, it resolved to abolish the directors' retirement bonus system effective upon the conclusion of the Annual General Meeting of Shareholders held on 26 June 2018, and that meeting approved the lump-sum payment of directors' retirement bonuses.」
The abolition of the directors' retirement bonus system and the lump-sum payment were implemented following a resolution by the Board of Directors and approval at the Annual General Meeting of Shareholders. - FY2018First statedAnnual report
「At a meeting of the Board of Directors held on 11 May 2018, the Company resolved to abolish the directors' retirement bonus system. At the 94th Annual General Meeting of Shareholders held on 26 June 2018, the Company also resolved to introduce a restricted stock compensation plan for directors, separately from the above compensation limit.」
The Company resolved to abolish the directors' retirement bonus system and introduce a restricted stock compensation plan.