Sharing value with shareholders through restricted stock compensation
First written in FY2020. 3 of 8 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2025-H1.
- FY2025-H1AdvancedAnnual report
「8th Stock Acquisition Rights (issued 11 July 2024)”; “Company directors (excluding outside directors) 2”; “Senior executive officers who do not concurrently serve as Company directors 1”; “Class, details and number of shares underlying the stock acquisition rights (shares)* Common shares 160,000」
The Company issued 160,000 shares underlying the 8th Stock Acquisition Rights for 2 directors and 1 senior executive officer, giving concrete form to a value-sharing measure based on share compensation. - FY2024AdvancedAnnual report
「In pursuing medium- to long-term earnings growth and increased corporate value, the Company is introducing stock compensation-type stock options as an incentive plan to encourage its directors to commit more strongly to achieving the Medium-Term Management Plan and medium- to long-term earnings growth by sharing with shareholders not only the benefits of a rising share price but also the risks of a decline.」
As a subsequent event, the Company disclosed the introduction of the 8th Stock Acquisition Rights, capped at 130,000 shares for 2 directors and 30,000 shares for 1 senior executive officer, giving concrete form to a value-sharing measure with shareholders subject to performance and share-price conditions. - FY2024-Q2Provision for directors' bonuses following the revision of the compensation systemAnnual report
「Following the revision of the compensation system during the first quarter of the fiscal year, the amount corresponding to the service period covered by payments falling within the six-month period ended the second quarter was recorded as a provision for directors' bonuses.」
Following the revision of the compensation system in the first quarter, the Company recorded a provision for directors' bonuses. - FY2023RestatedAnnual report
「The Company will grant restricted stock and stock options to its executive directors to provide incentives for sustained growth in corporate value and to promote further value sharing with shareholders.」
The policy of providing incentives to increase corporate value and sharing value with shareholders through restricted stock and stock options is being continued. - FY2023-Q2AdvancedAnnual report
「7th Stock Acquisition Rights (issued 13 June 2022)”; “Company directors (excluding outside directors) 2”; “Senior executive officers who do not concurrently serve as Company directors 2”; “Class, details and number of shares underlying the stock acquisition rights (shares)* Common shares 200,000」
The Company issued the 7th Stock Acquisition Rights for directors and senior executive officers, giving concrete form to an incentive plan based on share compensation and stock options. - FY2022RestatedAnnual report
「The Company will grant restricted stock and stock options to its executive directors to provide incentives for sustained growth in corporate value and to promote further value sharing with shareholders.」
The policy of providing incentives to increase corporate value and sharing value with shareholders through restricted stock and stock options is being continued. - FY2021-Q1AchievedAnnual report
「Payment was completed on 2 July 2020.」
Payment was completed on 2 July 2020 for the disposal of 40,518 treasury shares with a total value of ¥49,999,212 under the restricted stock compensation plan. - FY2020First statedAnnual report
「This system is being introduced to provide the Company's directors, excluding outside directors (the “Eligible Directors”), with incentives to achieve sustained growth in corporate value and to promote further value sharing with shareholders.」
The Company plans to introduce a restricted stock compensation plan for Eligible Directors to provide incentives for increasing corporate value and promote value sharing with shareholders. Compensation is capped at ¥80 million per year and the number of shares at 100,000 per year.