Introduction of a Restricted Stock Compensation Plan
First written in FY2021. 4 of 6 entries say "Advanced", first in FY2022. Latest entry: 2026-07-21.
- 2026-07-21AdvancedShare Issuance and Disposal
「At today's meeting, the Board of Directors resolved to pay the five eligible directors designated as recipients of the allocation (the “Eligible Recipients”) total monetary compensation claims of ¥143,250,000 as restricted stock compensation for the period from the Company's 44th Annual General Meeting of Shareholders to the 45th Annual General Meeting of Shareholders, scheduled to be held in June 2027. The Eligible Recipients will contribute the entire amount of these monetary compensation claims in kind, in exchange for an allocation of 150,000 shares of the Company's common stock as specified restricted stock.」
Under the restricted stock compensation plan, the company resolved to dispose of 150,000 treasury shares for allocation to 5 eligible directors, against monetary compensation claims totaling ¥143,250,000. This provides concrete details on the implementation of the plan. - FY2025Decrease in the number of shares disposed of under the restricted stock compensation planAnnual report
「Other (disposal of treasury shares under the restricted stock compensation plan) 158,000 112」
The disposal of treasury shares under the restricted stock compensation plan totaled 158,000 shares and ¥112 million. The scale of the disposal decreased from 190,000 shares and ¥135 million in the previous fiscal year. - FY2024AdvancedAnnual report
「Other (disposal of treasury shares under the restricted stock compensation plan) 190,000 135」
Under the restricted stock compensation plan, the Company disposed of 190,000 treasury shares for ¥135 million during the fiscal year. - FY2023AdvancedAnnual report
「Other (disposal of treasury shares under the restricted stock compensation plan) 185,000 132」
Under the restricted stock compensation plan, the Company disposed of 185,000 treasury shares for ¥132 million during the fiscal year. - FY2022AdvancedAnnual report
「Other (disposal of treasury shares under the restricted stock compensation plan) 195,000 139」
Under the restricted stock compensation plan, the Company disposed of 195,000 treasury shares for ¥139 million during the fiscal year. Non-monetary compensation and other items of ¥176 million were also recorded as executive compensation. - FY2021First statedAnnual report
「The Company introduced a restricted stock compensation plan based on approval at the Annual General Meeting of Shareholders held on 26 June 2020. The non-monetary stock-based compensation is intended to promote efforts to enhance corporate value over the medium to long term and further share value with shareholders. The restriction period runs from the stock delivery date until the date on which the director retires from the position or leaves the Company.」
Based on approval at the Annual General Meeting of Shareholders held on 26 June 2020, the Company introduced a restricted stock compensation plan. Stock-based compensation is capped at ¥300 million per year and 150,000 shares per year, with the transfer restriction generally remaining in place until retirement from office or employment.