Sharing Value with Shareholders Through Share Price-Linked Stock Options
First written in FY2016. 3 of 4 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2018-Q2.
- FY2018-Q2AdvancedAnnual report
「The stock acquisition rights issued during the second quarter accounting period are as follows: "2018 Stock Acquisition Rights"; number of stock acquisition rights (rights): 147; number of shares underlying the stock acquisition rights (shares): 14,700; exercise period: from 11 January 2018 to 10 January 2068.」
The Company disclosed details of the 2018 Stock Acquisition Rights approved in the previous fiscal year: 147 rights representing 14,700 shares. - FY2017AdvancedAnnual report
「④ Stock option scheme approved by the Board of Directors on 19 December 2017; number of shares: 4,900 shares for directors and 9,800 shares for executive officers, for a total of 14,700 shares; exercise period for the stock acquisition rights: from 11 January 2018 to 10 January 2068.」
The Company approved a new stock option scheme covering a total of 14,700 shares for 4 directors and 13 executive officers, adding another measure linked to shareholder value. - FY2017-Q2AdvancedAnnual report
「The stock acquisition rights issued during the second quarter accounting period are as follows: "2017 Stock Acquisition Rights"; number of stock acquisition rights (rights): 276; number of shares underlying the stock acquisition rights (shares): 27,600; exercise period: from 11 January 2017 to 10 January 2067.」
The Company issued 276 2017 Stock Acquisition Rights, representing 27,600 shares, for directors, audit & supervisory board members, executive officers and employees, formalising a scheme linked to shareholder value. - FY2016First statedAnnual report
「The purpose of this scheme is to clarify the linkage between the Company’s performance and its share value and further strengthen the awareness of the Company’s directors and executive officers of their responsibility to contribute to improving medium- to long-term performance and expanding corporate value by sharing with shareholders not only the benefits of a rising share price but also the risks of a falling share price.」
The scheme is intended to have directors and executive officers share the effects of both share-price increases and declines, thereby raising awareness of improving medium- to long-term performance and corporate value.