Enhancing medium- to long-term corporate value through the employee shareholding ESOP trust
First written in FY2017-Q1. 22 of 31 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2024.
6 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The trust period of the Employee Shareholding ESOP Trust introduced by the company ended on 5 October 2023.」
The annual disclosure also confirms that the reintroduced Employee Shareholding ESOP Trust ended on 5 October 2023. - FY2024-Q3RestatedAnnual report
「The trust period of the Employee Shareholding ESOP Trust introduced by the company ended on 5 October 2023.」
For the ESOP trust that ended on 5 October 2023, it has been confirmed that there were no shares remaining in the trust or borrowings recognized under the gross method at the end of the third quarter accounting period. - FY2024-Q1AchievedAnnual report
「The trust period of the Employee Shareholding ESOP Trust ended on 5 October 2023.」
The reintroduced ESOP trust's trust period ended on 5 October 2023. As of the end of the first quarter accounting period, there were no shares remaining in the trust and no borrowings recognized under the gross method. - FY2023AdvancedAnnual report
「Other (sales from the Employee Shareholding ESOP Trust account to the company's Employee Shareholding Association) 161,100 149」
Sales of shares from the ESOP trust to the Employee Shareholding Association have continued. During the fiscal year, 161,100 shares were sold for ¥149 million. Shares held by the trust at the end of the fiscal year had decreased to 3,300. - FY2023-Q3AdvancedAnnual report
「The carrying amount and number of treasury shares were ¥215 million and 164,400 shares, respectively, at the end of the previous fiscal year, and ¥29 million and 22,200 shares, respectively, at the end of the third quarter accounting period.」
The ESOP trust's five-year-and-five-month operation and monthly sales to the Employee Shareholding Association have continued. Shares remaining in the trust decreased from 164,400 to 22,200, and their carrying amount decreased from ¥215 million to ¥29 million. - FY2023-Q2AdvancedAnnual report
「The carrying amount and number of treasury shares were ¥215 million and 164,400 shares, respectively, at the end of the previous fiscal year, and ¥53 million and 40,900 shares, respectively, at the end of the second quarter accounting period.」
The ESOP trust's five-year-and-five-month operation and monthly sales to the Employee Shareholding Association have continued. Shares remaining in the trust decreased from 164,400 to 40,900, and their carrying amount decreased from ¥215 million to ¥53 million. - FY2023-Q1AdvancedAnnual report
「The carrying amount and number of treasury shares were ¥215 million and 164,400 shares, respectively, at the end of the previous fiscal year, and ¥160 million and 122,900 shares, respectively, at the end of the first quarter accounting period.」
The ESOP trust's five-year-and-five-month operation and monthly sales to the Employee Shareholding Association have continued. Shares remaining in the trust decreased from 164,400 to 122,900, and their carrying amount decreased from ¥215 million to ¥160 million. - FY2022AdvancedAnnual report
「Under this program, the company establishes a trust for the benefit of employees who meet certain requirements among those enrolled in the Handsman Employee Shareholding Association (the "Employee Shareholding Association"). During the five-year-and-five-month period, the trust will acquire, during the predetermined acquisition period, the number of the company's shares that the Employee Shareholding Association is expected to purchase. The trust will then sell the company's shares to the Employee Shareholding Association on a set date each month.」
The ESOP trust's five-year-and-five-month operation and monthly sales to the Employee Shareholding Association have continued. During the fiscal year, the trust sold 100,100 shares for ¥146 million, leaving 164,400 shares held at the end of the fiscal year. - FY2022-Q3AdvancedAnnual report
「The carrying amount and number of treasury shares were ¥346 million and 264,500 shares, respectively, at the end of the previous fiscal year, and ¥241 million and 184,700 shares, respectively, at the end of the third quarter accounting period.」
The reintroduced ESOP trust's five-year-and-five-month operation of acquiring shares and selling them monthly has continued. Shares remaining in the trust decreased from 264,500 to 184,700, and their carrying amount changed from ¥346 million to ¥241 million. - FY2022-Q2AdvancedAnnual report
「The carrying amount and number of treasury shares were ¥346 million and 264,500 shares, respectively, at the end of the previous fiscal year, and ¥263 million and 201,700 shares, respectively, at the end of the second quarter accounting period.」
Under the reintroduced ESOP trust, the five-year-and-five-month operation of acquiring shares and selling them monthly has continued. Shares remaining in the trust decreased from 264,500 at the end of the previous fiscal year to 201,700, and their carrying amount changed from ¥346 million to ¥263 million. - FY2022-Q1AdvancedAnnual report
「The carrying amount and number of treasury shares were ¥346 million and 264,500 shares, respectively, at the end of the previous fiscal year, and ¥321 million and 245,400 shares, respectively, at the end of the first quarter accounting period.」
Under the reintroduced ESOP trust, the five-year-and-five-month operation of acquiring shares and selling them monthly has continued. Shares remaining in the trust decreased from 264,500 to 245,400, and their carrying amount changed from ¥346 million to ¥321 million. - FY2021AdvancedAnnual report
「Under this program, the company establishes a trust for the benefit of employees who meet certain requirements among those enrolled in the Handsman Employee Shareholding Association (the "Employee Shareholding Association"). During the five-year-and-five-month period, the trust will acquire, during the predetermined acquisition period, the number of the company's shares that the Employee Shareholding Association is expected to purchase. The trust will then sell the company's shares to the Employee Shareholding Association on a set date each month.」
The ESOP trust's five-year-and-five-month operation of acquiring shares and selling them monthly has continued. In the 57th fiscal year, the trust sold 87,500 shares to the Employee Shareholding Association for ¥155 million, leaving 264,500 shares held at the end of the fiscal year. - FY2021-Q3AdvancedAnnual report
「The carrying amount and number of treasury shares were ¥393 million and 307,800 shares, respectively, at the end of the previous fiscal year, and ¥363 million and 277,600 shares, respectively, at the end of the third quarter accounting period.」
The reintroduced ESOP trust's five-year-and-five-month operation of acquiring shares and selling them monthly has continued. Shares remaining in the trust decreased from 307,800 at the end of the previous fiscal year to 277,600, and their carrying amount changed from ¥393 million to ¥363 million. - FY2021-Q2AdvancedAnnual report
「The carrying amount and number of treasury shares were ¥393 million and 307,800 shares, respectively, at the end of the previous fiscal year, and ¥378 million and 289,000 shares, respectively, at the end of the second quarter accounting period.」
The reintroduced ESOP trust's five-year-and-five-month operation of acquiring shares and selling them monthly has continued. Shares remaining in the trust decreased from 307,800 to 289,000, and their carrying amount changed from ¥393 million to ¥378 million. - FY2021-Q1AdvancedAnnual report
「During the five years and five months following the establishment of the trust, the trust will acquire, during the predetermined acquisition period, the number of the company's shares that the Employee Shareholding Association is expected to purchase. The trust will then sell the company's shares to the Employee Shareholding Association on a set date each month. The carrying amount and number of treasury shares were ¥393 million and 307,800 shares, respectively, at the end of the previous fiscal year, and ¥426 million and 325,900 shares, respectively, at the end of the first quarter accounting period.」
Under the reintroduced ESOP trust, the five-year-and-five-month operation of acquiring shares and selling them monthly has continued. Shares remaining in the trust increased from 307,800 to 325,900, and their carrying amount increased from ¥393 million to ¥426 million. - FY2020AdvancedAnnual report
「Under this program, the company establishes a trust for the benefit of employees who meet certain requirements among those enrolled in the Handsman Employee Shareholding Association (the "Employee Shareholding Association"). During the five-year-and-five-month period, the trust will acquire, during the predetermined acquisition period, the number of the company's shares that the Employee Shareholding Association is expected to purchase. The trust will then sell the company's shares to the Employee Shareholding Association on a set date each month.」
The ESOP trust's five-year-and-five-month operation of acquiring shares and selling them monthly has continued. Shares held by the trust at the end of the period totaled 307,800, updating the program's operating results. - FY2020-Q3AdvancedAnnual report
「During the five-year-and-five-month period, the trust will acquire, during the predetermined acquisition period, the number of the company's shares that the Employee Shareholding Association is expected to purchase. The trust will then sell the company's shares to the Employee Shareholding Association on a set date each month.」
The reintroduced ESOP trust has continued to operate. Shares remaining in the trust increased from 219,600 shares and ¥284 million at the end of the previous fiscal year to 227,400 shares and ¥290 million at the end of the third quarter accounting period. - FY2020-Q2AdvancedAnnual report
「The carrying amount and number of treasury shares were ¥284 million and 219,600 shares, respectively, at the end of the previous fiscal year, and ¥250 million and 197,300 shares, respectively, at the end of the second quarter accounting period.」
The reintroduced ESOP trust has continued to operate. Shares remaining in the trust decreased from 219,600 to 197,300, and their carrying amount decreased from ¥284 million to ¥250 million. - FY2020-Q1AdvancedAnnual report
「The carrying amount and number of treasury shares were ¥284 million and 219,600 shares, respectively, at the end of the previous fiscal year, and ¥266 million and 208,500 shares, respectively, at the end of the first quarter accounting period.」
Under the reintroduced ESOP trust, the five-year-and-five-month operation and monthly sales to the Employee Shareholding Association have continued. Shares remaining in the trust decreased from 219,600 to 208,500, and their carrying amount decreased from ¥284 million to ¥266 million. - FY2019AdvancedAnnual report
「Under this program, the company establishes a trust for the benefit of employees who meet certain requirements among those enrolled in the Handsman Employee Shareholding Association (the "Employee Shareholding Association"). During the five-year-and-five-month period, the trust will acquire, during the predetermined acquisition period, the number of the company's shares that the Employee Shareholding Association is expected to purchase. The trust will then sell the company's shares to the Employee Shareholding Association on a set date each month.」
Under the reintroduced ESOP trust, the five-year-and-five-month operation of acquiring shares and selling them monthly has continued. During the fiscal year, the trust acquired 178,000 shares and sold 136,100 shares to the Employee Shareholding Association and others, leaving 219,600 shares held at the end of the fiscal year. - FY2019-Q3AdvancedAnnual report
「The company established a trust for the benefit of employees who meet certain requirements among those enrolled in the Handsman Employee Shareholding Association. During the five years and five months following the establishment of the trust, the trust will acquire, during the predetermined acquisition period, the number of the company's shares that the Employee Shareholding Association is expected to purchase. The trust will then sell the company's shares to the Employee Shareholding Association on a set date each month. The carrying amount and number of treasury shares were ¥243 million and 177,700 shares, respectively, at the end of the previous fiscal year, and ¥309 million and 239,100 shares, respectively, at the end of the third quarter accounting period.」
Under the reintroduced ESOP trust, the five-year-and-five-month operation of acquiring shares and selling them monthly has continued. Shares remaining in the trust increased from 171,000 to 239,100, and their carrying amount increased from ¥220 million to ¥309 million. - FY2019-Q2AdvancedAnnual report
「The carrying amount and number of treasury shares were ¥243 million and 177,700 shares, respectively, at the end of the previous fiscal year, and ¥220 million and 171,000 shares, respectively, at the end of the second quarter accounting period.」
Under the reintroduced ESOP trust, the five-year-and-five-month operation and monthly sales to the Employee Shareholding Association have continued. The shares remaining in the trust totaled 171,000, with a carrying amount of ¥220 million. - FY2019-Q1AdvancedAnnual report
「The carrying amount and number of treasury shares were ¥243 million and 177,700 shares, respectively, at the end of the previous fiscal year, and ¥253 million and 188,200 shares, respectively, at the end of the first quarter accounting period.」
Under the reintroduced ESOP trust, shares held by the trust increased from 177,700 to 188,200 and their carrying amount increased from ¥243 million to ¥253 million, indicating that the program continues to operate. - FY2018AdvancedAnnual report
「Under this program, the company establishes a trust for the benefit of employees who meet certain requirements among those enrolled in the Handsman Employee Shareholding Association (the "Employee Shareholding Association"). During the five-year-and-five-month period, the trust will acquire, during the predetermined acquisition period, the number of the company's shares that the Employee Shareholding Association is expected to purchase. The trust will then sell the company's shares to the Employee Shareholding Association on a set date each month.」
Under the reintroduced ESOP trust, the five-year-and-five-month operation and monthly sales have been implemented as planned. During the fiscal year, the trust acquired 177,700 shares for ¥243 million. - FY2018-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 25 December 2017, the company resolved to reintroduce the employee incentive plan, the Employee Shareholding ESOP Trust, in order to further enhance the employee benefits provided to employees who support the company's growth, provide them with an incentive for the share price to rise, further heighten their awareness of the company's performance and share value, and enhance corporate value over the medium to long term. The company entered into the trust agreement on 14 February 2018. The company established a trust for the benefit of employees who meet certain requirements among those enrolled in the Handsman Employee Shareholding Association (the "Employee Shareholding Association"). During the ensuing five years and five months, the trust will acquire, during the predetermined acquisition period, the number of the company's shares that the Employee Shareholding Association is expected to purchase. The trust will then sell the company's shares to the Employee Shareholding Association on a set date each month.」
Following the resolution to reintroduce the ESOP trust, the trust agreement was signed on 14 February 2018, and the five-year-and-five-month operation of acquiring shares and selling them monthly has moved into the implementation stage. At the end of the third quarter accounting period, the trust held 113,000 shares with a carrying amount of ¥155 million. - FY2018-Q2ReframedAnnual report
「At a meeting of the Board of Directors held on 25 December 2017, the company resolved to reintroduce the Employee Shareholding ESOP Trust. At a meeting held on 9 February 2018, the Board resolved the details of the trust. An overview is as follows: Trust agreement date: 14 February 2018; trust period: from 14 February 2018 to 20 July 2023 (scheduled); total acquisition amount: ¥800 million.」
After the former ESOP trust ended on 20 July 2017, the company resolved to reintroduce it. The new trust was scheduled to operate from 14 February 2018 to 20 July 2023, with total share acquisitions of ¥800 million. - FY2018-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 26 March 2012, the company introduced the employee incentive plan, the Employee Shareholding ESOP Trust, to enhance its corporate value over the medium to long term. The trust period ended on 20 July 2017.」
The trust period of the Employee Shareholding ESOP Trust ended on 20 July 2017, and no shares were held by the trust at the end of the first quarter accounting period. - FY2017RestatedAnnual report
「During the predetermined acquisition period, the trust will acquire the number of the company's shares that the employee shareholding association is expected to purchase over a five-year period. The trust will then sell the company's shares to the employee shareholding association on a set date each month.」
The company continues to disclose the five-year acquisition and monthly sale structure of the ESOP trust, which is intended to provide employees with an incentive for the share price to rise and to enhance corporate value over the medium to long term. - FY2017-Q3RestatedAnnual report
「Under this plan, the Employee Shareholding ESOP Trust Account, established to transfer the company's shares to the Handsman Employee Shareholding Association (the "Company Shareholding Association"), will purchase in a lump sum, in advance, the number of shares equivalent to the scale of purchases to be made by the Company Shareholding Association over 5 years, and sell those shares to the Company Shareholding Association.」
The company continues to disclose the structure of its employee shareholding ESOP trust, which is intended to enhance corporate value over the medium to long term. Shares held by the trust decreased from 62,300 at the end of the previous fiscal year to 19,200 at the end of the third quarter accounting period. - FY2017-Q2RestatedAnnual report
「Under this plan, the Employee Shareholding ESOP Trust Account, established to transfer the company's shares to the Handsman Employee Shareholding Association (the "Company Shareholding Association"), will purchase in a lump sum, in advance, the number of shares equivalent to the scale of purchases to be made by the Company Shareholding Association over 5 years, and sell those shares to the Company Shareholding Association.」
The company continues to disclose the structure of the Employee Shareholding ESOP Trust and the scheme designed to enhance corporate value over the medium to long term. At the end of the second-quarter accounting period, the trust held 26,500 shares. - FY2017-Q1First statedAnnual report
「We resolved to introduce the employee incentive plan, the Employee Share Ownership ESOP Trust, to enhance our medium- to long-term corporate value.」
Describes a structure under which the ESOP trust acquires shares in a lump sum and sells them to the Handsman Employee Shareholding Association over 5 years.