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Nireco (6863) · InitiativeAchieved

Strengthening Employee Awareness of Enhancing Corporate Value Through an Employee Stock Ownership ESOP Trust

First written in FY2016. 4 of 8 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2018.

8entries
3years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q3 – FY2018-Q1RestatedFY2018-Q22016: 320162017: 420172018: 12018
Same theme, other companies
Trust-Based Employee Stock Ownership Association Incentive (E-Ship)A theme 108 companies write about · 0 as a headwind · 106 as a tailwind

37 other companies' latest entry also says "Achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 108 companies compared. The sentences above are computed from all 108.
Full recordFilings, disclosures and news, newest first
  1. FY2018AchievedAnnual report

    「At a meeting of the Board of Directors held on 26 March 2012, the Company resolved to introduce and did introduce the employee incentive plan, the Employee Stock Ownership ESOP Trust, with the aim of increasing employees’ awareness of the Company’s performance and share price and enhancing corporate value. The trust, however, ended on 25 September 2017.」

    The employee stock ownership ESOP trust ended on 25 September 2017, and both the shares held by the trust and their carrying amount were zero at the end of the current consolidated fiscal year.
  2. FY2018-Q2RestatedAnnual report

    「(Note) The total dividend pursuant to the Board of Directors resolution dated 6 June 2017 includes a ¥570,000 dividend on the Company shares held by the employee stock ownership ESOP trust.」

    The employee stock ownership plan continues to operate through the employee stock ownership ESOP trust, and dividends continue to be paid on the shares held by the trust.
  3. FY2018-Q1AdvancedAnnual report

    「As of the end of the first quarter accounting period, the employee stock ownership ESOP trust account held 51,300 Company shares, carrying 513 voting rights. This amount is after deducting the 5,700 shares transferred from the employee stock ownership ESOP trust account to the employee stock ownership association by 30 June 2017.」

    Following the transfer of 5,700 shares from the ESOP trust to the employee stock ownership association, shares held at the end of the period totaled 51,300, indicating progress in operating the program.
  4. FY2017AdvancedAnnual report

    「The carrying amount and number of shares of the treasury shares were ¥61.499 million and 121,300 shares, respectively, in the previous consolidated fiscal year, and ¥28.899 million and 57,000 shares, respectively, in the current consolidated fiscal year.」

    Shares held by the ESOP trust totaled 57,000, indicating progress in operating the program through transfers to the employee stock ownership association.
  5. FY2017-Q3AdvancedAnnual report

    「As of the end of the third quarter accounting period, the employee stock ownership ESOP trust account held 65,900 Company shares, carrying 659 voting rights. This amount is after deducting the 23,200 shares transferred from the employee stock ownership ESOP trust account to the employee stock ownership association by 31 December 2016.」

    Following the transfer of 23,200 shares from the employee stock ownership ESOP trust account to the employee stock ownership association, shares held at the end of the period totaled 65,900, indicating progress in operating the program.
  6. FY2017-Q2RestatedAnnual report

    「The number of shares in the “Fully voting shares (Other)” column includes 89,100 Company shares, carrying 891 voting rights, owned by The Master Trust Bank of Japan, Ltd. under the employee incentive plan, the Employee Stock Ownership ESOP Trust, referred to below as the “employee stock ownership ESOP trust account.”」

    Reports that the employee stock ownership ESOP trust held 89,100 shares carrying 891 voting rights, indicating that the program continues to operate.
  7. FY2017-Q1AdvancedAnnual report

    「This amount is after deducting the 9,500 shares transferred from the employee stock ownership ESOP trust account to the employee stock ownership association by 30 June 2016.」

    Reports the transfer of 9,500 shares from the ESOP trust to the employee stock ownership association and the 111,800 shares held at the end of the period, indicating progress in operating the program.
  8. FY2016First statedAnnual report

    「At a meeting of the Board of Directors held on 26 March 2012, the Company resolved to introduce the employee incentive plan, the Employee Stock Ownership ESOP Trust, with the aim of increasing employees’ awareness of the Company’s performance and share price and enhancing corporate value.」

    The total number of shares scheduled to be acquired by the employee stock ownership association was 315,500, and the trust term was 5 years.
Moved together

"Executive incentives through performance-linked and equity compensation" moved the same way as this thread, in the same document, in 4 of its 8 moves.

433333★123456
  1. ★This thread
  2. 1Executive incentives through performance-linked and equity compensation4×
  3. 2Developing New Products and Expanding into New Markets3×
  4. 3Capturing Maintenance, Replacement and Automation Demand from the Steel Industry3×
  5. 4Expanding Share in the High-Performance Film and Flexible Packaging Markets3×
  6. 5Applying Proprietary Sensor and Image-Processing Technologies Across Businesses3×
  7. 6Global Expansion3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Strengthening Employee Awareness of Enhancing Corporate Value Through an Employee Stock Ownership ESOP Trust | NIRECO CORPORATION (6863) | Komori