Employee Incentives through a Trust for Market-Value-Issued Stock Acquisition Rights
First written in FY2022. 2 of 4 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2023: 1 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2026DroppedAnnual report
「As the vesting conditions had not been met as of 13 April 2026, all remaining unexercised rights lapsed.」
All remaining unexercised 6th Series Subscription Rights issued through the fair-value-issued subscription rights trust lapsed because the vesting conditions were not met. - FY2023-Q2AdvancedAnnual report
「6th Series Subscription Rights (issued 7 June 2022)»«Number of subscription rights (units) * 6,000»«Class, description and number of shares underlying the subscription rights (shares) * Common shares 600,000»«These subscription rights were allocated to a trust for which Kotaeru Trust Co., Ltd. acts as trustee and will be delivered to those designated as beneficiaries among the company's officers and employees and others as of the trust expiration date.」
As a medium- to long-term incentive to enhance corporate value for employees and others, the company issued to a trust the 6th Series Subscription Rights covering 600,000 shares and specified the conditions for delivery to officers, employees and others. - FY2023-Q1AdvancedAnnual report
「5th Series Subscription Rights (issued 2 May 2022)」
The company newly issued the 5th Series Subscription Rights to officers and employees. The underlying shares total 144,000, the exercise price is ¥737 per share, and the exercise period runs from 15 April 2024 to 14 April 2032. - FY2022First statedAnnual report
「The company will implement this incentive plan to provide its employees with incentives to enhance corporate value over the medium to long term.」
The company introduced a scheme under which contribution points are awarded based on employee performance evaluations, and 600,000 shares underlying subscription rights issued at fair value through a trust are distributed every half-year.