Restricted stock compensation linked to medium- to long-term performance and ESG indicators
First written in FY2021. 7 of 8 entries say "Advanced", first in FY2022. Latest entry: 2026-07-23.
The whole theme swung hardest in 2020: 5 of 32 companies on the "Worse" side.
33 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「For the shares allocated for the fiscal year ending March 2026, the continued-service condition in ① requires service through immediately before the conclusion of the Annual General Meeting of Shareholders held in 2026. The medium- to long-term performance condition in ② is based on achievement as of 31 March 2028, while the long-term performance condition is based on achievement as of 31 March 2027, with transfer restrictions lifted accordingly.」
On 24 July 2025, 29,516 restricted shares were granted, and the program progressed to operation linked to the performance and ESG conditions for 2027 and 2028. - FY2025AdvancedAnnual report
「For the shares allocated for the fiscal year ended March 2025, the continued-service condition in ① requires service through immediately before the conclusion of the Annual General Meeting of Shareholders held in 2025. The medium- to long-term performance condition in ② is based on achievement as of 31 March 2027, while the long-term performance condition is based on achievement as of 31 March 2027, with transfer restrictions lifted accordingly.」
On 25 July 2024, 29,800 shares were granted to executive directors and others, and the program progressed to operation linked to achievement in 2027 for total shareholder return, TOPIX growth and materiality KPIs. - FY2024AdvancedAnnual report
「For the shares allocated for the fiscal year ended March 2024, the continued-service condition in ① requires service through immediately before the conclusion of the Annual General Meeting of Shareholders for the fiscal year ending March 2025. The medium- to long-term performance condition in ② is based on achievement immediately before the conclusion of the Annual General Meeting of Shareholders for the fiscal year ending March 2027, with transfer restrictions lifted accordingly.」
On 27 July 2023, 27,600 shares were granted, and the program progressed to operation linked to the continued-service, performance and ESG conditions for 2025 and 2027. - FY2023AdvancedAnnual report
「For the shares allocated for the fiscal year ended March 2023, the continued-service condition in ① requires service through immediately before the conclusion of the Annual General Meeting of Shareholders held in 2023. The medium- to long-term performance condition in ② is based on achievement as of 31 March 2025, while the long-term performance condition is based on achievement as of 31 March 2024, with transfer restrictions lifted accordingly.」
In July 2022, 28,000 restricted shares linked to medium- to long-term performance and ESG indicators were granted, and restriction-release conditions based on achievement in 2024 and 2025 are being applied. - FY2022AdvancedAnnual report
「The number of restricted shares granted during the consolidated fiscal year was 25,900. For executive directors, the restriction release date for shares subject to the continued-service condition is immediately before the conclusion of the Annual General Meeting of Shareholders for the fiscal year ending March 2023, while the restriction release date for shares subject to the medium- and long-term performance conditions is immediately before the conclusion of the Annual General Meeting of Shareholders for the fiscal year ending March 2025.」
A total of 25,900 restricted shares were granted, and the program moved into the operating phase for restriction-release conditions linked to total shareholder return, TOPIX and ESG and materiality KPIs, in addition to the continued-service condition. - FY2021First statedAnnual report
「・Executive directors will receive an issue or disposal of the Company’s common shares within the limits of ¥200 million per year and 66,000 shares per year approved at the 77th Annual General Meeting of Shareholders. ・The allocated shares are subject to either ① continued service for a specified period or ② achievement of KPIs, including performance and ESG indicators, within a specified period. The number of shares on which transfer restrictions are lifted varies according to the degree to which these conditions are achieved.」
From the following fiscal year onward, the Company will introduce restricted stock compensation for executive directors, capped at ¥200 million per year and 66,000 shares per year, linked to total shareholder return, TOPIX growth and ESG indicators, among other measures.