Sharing value with shareholders through restricted stock compensation
First written in FY2022. 4 of 5 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「Other items during the fiscal year under review, namely the disposal of treasury shares as restricted stock compensation, consist of the disposal of treasury shares as restricted stock compensation carried out on 25 April 2025.」
Under the restricted stock compensation plan, the Company disposed of 8,151 treasury shares on 25 April 2025, continuing to promote value sharing with shareholders. - FY2024-Q1AdvancedAnnual report
「In connection with the disposal of treasury shares as restricted stock compensation, as resolved at a meeting of the Board of Directors held on 21 December 2023, the Company disposed of treasury shares as set out below.」
Under the restricted stock compensation plan, the Company disposed of 12,856 common shares on 19 January 2024 to 2 directors and 12 executive officers, continuing to implement the plan. - FY2023AdvancedAnnual report
「Compensation for directors, excluding outside directors, consists of base compensation, performance-linked bonuses and stock compensation.」
Following the introduction of restricted stock compensation, the Company specified a compensation structure consisting of base compensation, performance-linked bonuses and stock compensation, with performance-linked bonuses determined within a range of 0% to 200% of the midpoint of variable compensation. - FY2023-Q1AdvancedAnnual report
「In connection with the disposal of treasury shares as restricted stock compensation, as resolved at a meeting of the Board of Directors held on 22 December 2022, the Company disposed of treasury shares as set out below.」
Under the restricted stock compensation plan, the Company disposed of 11,749 common shares on 20 January 2023 to 4 directors and 10 executive officers who did not concurrently serve as directors. The restriction period is set within a range of 3 to 50 years. - FY2022First statedAnnual report
「At a meeting of the Board of Directors held on 21 November 2022, the Company resolved to introduce a restricted stock compensation plan (the “Plan”). A proposal concerning the Plan was submitted to the 27th Annual General Meeting of Shareholders held on 22 December 2022 (the “General Meeting”) and was approved at the General Meeting. The Plan is intended for the Company's directors, excluding directors who are Audit and Supervisory Committee members and outside directors (the “Eligible Directors”), and is designed to provide incentives for the sustainable enhancement of corporate value and further promote value sharing with shareholders.」
The Company introduced a restricted stock compensation plan for Eligible Directors, incorporating incentives for the sustainable enhancement of corporate value and value sharing with shareholders into its compensation system. Monetary compensation receivables are capped at ¥50 million per year, and the number of shares is capped at 50,000 per year.