Trust-Based ESOP Incentive Plan Using an Employee Stock Ownership Plan
First written in FY2024-Q3. 5 of 6 entries say "Advanced", first in FY2024. Latest entry: FY2026.
22 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company’s shares held by the ESOP Trust are presented as treasury shares under net assets. The carrying amount of treasury shares recognized under the gross method was ¥908 million (440,800 shares) at the end of the previous consolidated fiscal year and ¥737 million (357,700 shares) at the end of the current consolidated fiscal year.」
The employee stock ownership plan ESOP Trust continued to operate, and the shares held by the trust account decreased from 440,800 to 357,700. - 2026-05-29AdvancedGeneral Meetings of Shareholders
「At the end of the fiscal year, the carrying amount of treasury shares recognised under the gross method was ¥737 million (357,700 shares), while the carrying amount of long-term borrowings, including borrowings due for repayment within 1 year, was ¥672 million.」
The continued operation of the ESOP trust using the employee stock ownership plan has been confirmed. Shares held in the trust account decreased from 440,800 at the end of September 2025 to 357,700 at the end of March 2026. - FY2026-H1AdvancedAnnual report
「For accounting treatment related to the ESOP Trust, the gross method is applied, and the company’s shares held by the ESOP Trust are presented as treasury shares under net assets. The carrying amount of treasury shares recognized under the gross method was ¥908 million (440,800 shares) at the end of the previous consolidated fiscal year and ¥817 million (396,700 shares) at the end of the current interim consolidated accounting period.」
The ESOP Trust continued to operate, and the shares held by the trust account decreased from 440,800 at the end of the previous consolidated fiscal year to 396,700 at the end of the current interim consolidated accounting period. - FY2025-H1AdvancedAnnual report
「The carrying amount of treasury shares recognized under the gross method was ¥1,109 million (538,000 shares) at the end of the previous consolidated fiscal year and ¥1,001 million (485,900 shares) at the end of the current interim consolidated accounting period.」
The ESOP Trust continued to operate, and the company’s shares held by the trust account decreased from 538,000 at the end of the previous consolidated fiscal year to 485,900 at the end of the current interim consolidated accounting period. - FY2024AdvancedAnnual report
「At a meeting of the Board of Directors held on 8 February 2024, the company resolved to introduce a trust-based incentive plan utilizing the employee stock ownership plan (the “ESOP Trust”) to enhance long-term and medium-term corporate value. / At the end of the current consolidated fiscal year, the employee stock ownership trust account held 538,000 of the company’s treasury shares.」
Following the resolution to introduce the ESOP Trust, the company disclosed the acquisition of 543,200 shares by the trust account and its holding of 538,000 shares at fiscal year-end, indicating that the plan had progressed to the implementation stage. - FY2024-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 8 February 2024, the company resolved to introduce a trust-based incentive plan utilizing the employee stock ownership plan (the “ESOP Trust”) to enhance long-term and medium-term corporate value. / The plan is being introduced as part of human capital initiatives to realize the company’s vision, “Delivering value that is kind to people and the environment.” Its objectives are to further enhance benefits for employees who support the company’s growth, raise employees’ awareness of the company’s performance and share value by providing an incentive linked to increases in the share price, and improve corporate value over the medium and long term. / ⑧ Trust period: 14 February 2024 to the end of February 2029 (scheduled) / ⑪ Total value of shares to be acquired: ¥1,120 million / ⑫ Share acquisition period: 20 February 2024 to 10 May 2024 (scheduled)」
The company resolved to establish a trust for the benefit of employee stock ownership plan participants, acquire the company’s shares in a lump sum and sell them to the employee stock ownership plan each month through an ESOP Trust. Trust income will be distributed to employees, and the company will reimburse transfer losses if the share price declines under a guarantee provision, so employees will bear no additional burden. The trust period is from 14 February 2024 to the end of February 2029, and the total value of shares to be acquired is scheduled to be ¥1.12 billion.