Introduction of a Restricted Stock Compensation Plan
First written in FY2022. 1 of 3 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2025.
- FY2025RestatedAnnual report
「Non-monetary compensation will consist of restricted stock compensation. The total amount of monetary claims paid to eligible Directors for the grant of restricted shares shall not exceed ¥30 million per year, and the total number of common shares issued or disposed of by the Company shall not exceed 20,000 shares per year.」
The restricted stock compensation plan continues, with annual limits of ¥30 million and 20,000 shares. - FY2023-Q1AdvancedAnnual report
「The issuance of new shares as restricted stock compensation dated 20 January 2023 increased the total number of shares issued by 20,000 shares and increased capital and capital reserves by ¥8.37 million each.」
Under the restricted stock compensation plan introduced in the previous fiscal year, 20,000 new shares were issued on 20 January 2023. - FY2022First statedAnnual report
「Non-monetary compensation will consist of restricted stock compensation. The total amount of monetary claims paid to eligible Directors for the grant of restricted shares shall not exceed ¥30 million per year, excluding the employee salary component of Directors who also serve as employees, and the total number of common shares issued or disposed of by the Company shall not exceed 20,000 shares per year.」
A restricted stock compensation plan of up to ¥30 million per year and 20,000 shares per year has been introduced as an incentive for the sustained enhancement of corporate value.