Medium-Term Performance-Linked Share Compensation and Restricted Stock Compensation
First written in FY2018. 8 of 13 entries say "Reframed", first in FY2019. Latest entry: 2026-06-19.
Nitto Denko moved to the "Worse" side of this theme in 2022, 2 years before the typical company in this theme (2024).
The whole theme swung hardest in 2023: 6 of 39 companies on the "Worse" side.
32 other companies' latest entry also says "Advanced".
- FY2024ReframedAnnual report
「The Company will grant its common shares under a performance-linked stock compensation plan to its directors, excluding part-time and outside directors (the “Eligible Directors”), using three consecutive fiscal years (1 April 2024 to 31 March 2027) as the evaluation period.」
The evaluation period for performance-linked stock compensation was updated to fiscal 2024–2026, with operating profit for the fiscal year ending March 2027, ROE and 9 non-financial targets used as performance indicators. - FY2023ReframedAnnual report
「The Company will grant its common shares under a performance-linked stock compensation plan (the “Plan”) to its directors, excluding part-time and outside directors (the “Eligible Directors”), using three consecutive fiscal years (1 April 2023 to 31 March 2026) as the evaluation period.」
The evaluation period for performance-linked stock compensation was updated to fiscal 2023–2025, and the plan was revised to use ESG items as performance indicators in addition to consolidated operating profit and ROE. - FY2022ReframedAnnual report
「For our directors, excluding outside directors, we will grant shares of our common stock under the performance-linked stock compensation plan, with three consecutive fiscal years from 1 April 2022 to 31 March 2025 as the performance evaluation period.」
The evaluation period for performance-linked stock compensation was updated to April 2022 through March 2025, and a new evaluation cycle was established using operating profit, ROE and ESG items as performance indicators. - FY2021-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 19 June 2020, we disposed of ¥189 million of treasury shares as restricted stock compensation during the consolidated second quarter.」
Based on the resolution of the Board of Directors dated 19 June 2020, the company disposed of ¥189 million of treasury shares as restricted stock compensation. - FY2020ReframedAnnual report
「For our directors, excluding outside directors, we will grant shares of our common stock under the performance-linked stock compensation plan, with three consecutive fiscal years from 1 April 2020 to 31 March 2023 as the performance evaluation period.」
The evaluation period for performance-linked stock compensation was updated to April 2020 through March 2023, and a new evaluation cycle was established. - FY2020-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 21 June 2019, we disposed of ¥250 million of treasury shares as restricted stock compensation during the consolidated second quarter.」
Based on the resolution of the Board of Directors dated 21 June 2019, the company disposed of ¥250 million of treasury shares as restricted stock compensation during the second quarter. - FY2019ReframedAnnual report
「For our directors, excluding outside directors, we will grant shares of our common stock under the performance-linked stock compensation plan, with three consecutive fiscal years from 1 April 2019 to 31 March 2022 as the performance evaluation period.」
The evaluation period for performance-linked stock compensation was updated to April 2019 through March 2022, and a new evaluation cycle was established under which grants range from 0% to 150% based on the achievement of operating profit and consolidated ROE targets. - FY2019-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 22 June 2018, we disposed of ¥141 million of treasury shares as restricted stock compensation during the consolidated second quarter.」
Based on the June 2018 resolution of the Board of Directors, the company disposed of ¥141 million of treasury shares as restricted stock compensation during the second quarter. - FY2018First statedAnnual report
「For our directors, excluding outside directors, whom we refer to below as “eligible directors,” we will grant shares of our common stock, referred to below as “our shares,” under the performance-linked stock compensation plan, referred to below as “the plan,” with three consecutive fiscal years from 1 April 2018 to 31 March 2021 as the performance evaluation period.」
The company introduced a stock compensation plan using operating profit and consolidated ROE as performance indicators, with an evaluation period from April 2018 to March 2021. The maximum number of shares granted to each individual was set at 48,400, and a separate maximum of 32,000 shares was established for restricted stock compensation subject to a 30-year transfer restriction period.