Restricted Stock Compensation Plan for Directors
First written in FY2019. 6 of 8 entries say "Advanced", first in FY2020. Latest entry: 2026-06-15.
- 2026-06-15AdvancedShare Issuance and Disposal
「In consideration of the purpose of this system, the scope of responsibilities of each eligible director, and other relevant circumstances, and with the aim of further motivating the eligible directors, we have decided that the total monetary claims to be paid as assets contributed for the acquisition of restricted stock will be ¥18,832,500 (the “Monetary Claims”), and that the number of common shares to be disposed of by the company will be 4,500 shares.」
Under the restricted stock compensation plan, the company decided to dispose of 4,500 treasury shares to 8 directors, excluding outside directors. The operation of the existing plan was specified through the number of eligible recipients, the number of shares, and the disposal price of ¥18,832,500. - FY2026AdvancedAnnual report
「The breakdown for the current fiscal year is the disposal of treasury stock as restricted stock-based compensation, comprising 3,700 shares with a total disposal value of ¥14,085,900.」
The disclosure records the disposal of 3,700 shares under the restricted stock-based compensation plan for directors and executive officers during the current fiscal year. - FY2026-H1RestatedAnnual report
「Pursuant to a resolution of the Board of Directors dated 11 April 2025, the Company acquired 352,100 treasury shares during the interim consolidated accounting period under review. As a result, including the increase in treasury shares from requests to purchase less-than-one-unit shares and the decrease resulting from the disposal of treasury shares as restricted stock compensation, treasury shares increased by ¥1,325 million during the interim consolidated accounting period under review and totaled ¥24,358 million at the end of the period.」
The disclosure states that the factors behind changes in treasury stock include the disposal of treasury stock under the restricted stock-based compensation plan. No new specific figures, such as the number of shares allocated, are provided this time. - FY2023-Q3AdvancedAnnual report
「Treasury stock increased by 1,085,100 shares through acquisitions based on a resolution of the Board of Directors held on 11 April 2022 and by 39 shares through the purchase of fractional shares, and decreased by 2,100 shares through the disposal of treasury stock as restricted stock-based compensation.」
The disclosure records the disposal of 2,100 treasury shares as restricted stock-based compensation. - FY2022-Q2AdvancedAnnual report
「Treasury stock decreased by 1,200 shares as a result of the disposal of treasury stock as restricted stock-based compensation on 4 August 2021.」
The disclosure records the disposal of 1,200 treasury shares as restricted stock-based compensation on 4 August 2021. - FY2021AdvancedAnnual report
「The breakdown for the current fiscal year is an allocation of restricted stock, comprising 550 shares with a total disposal value of ¥1,155,000, and the sale of fractional shares, comprising 68 shares with a total disposal value of ¥142,732.」
The disclosure records the allocation of 550 shares under the restricted stock-based compensation plan during the current fiscal year. - FY2020AdvancedAnnual report
「The amount of directors’ remuneration and other compensation includes ¥2 million recognized as an expense for restricted stock-based compensation for the current fiscal year, granted to 4 directors, including 0 outside directors.」
The disclosure records ¥2 million in expenses incurred for 4 directors under the restricted stock-based compensation plan during the current fiscal year. - FY2019First statedAnnual report
「Under this plan, the Company may pay monetary compensation to eligible directors as restricted stock compensation, to be used as the contribution in kind for acquiring restricted shares. Each eligible director receiving such compensation will contribute the related monetary compensation claim in kind to acquire common shares newly issued or disposed of by the Company and subscribe for those shares.」
The Company discloses a restricted stock compensation plan for eligible directors. The number of shares to be acquired is limited to 50,000 per year, and directors acquire common shares by contributing their monetary compensation claims in kind.