Incentive Plan Involving the Disposal of Treasury Shares to an Employee Stock Ownership Plan
First written in FY2021-Q3. 1 of 2 entries say "Advanced", first in FY2026. Latest entry: FY2026.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Other (disposal of treasury shares as restricted stock compensation) 8,423 6,620,225」
Disposed of 8,423 treasury shares as restricted stock compensation and disclosed the implementation results of the share incentive program for employees, officers and others. - FY2021-Q3First statedAnnual report
「On 13 November 2020, we decided to introduce an incentive plan (the “Plan”) under which our common shares would be granted as special incentives to members of the GSI Creos Employee Stock Ownership Plan, with the aim of enhancing employees’ motivation to increase our medium- to long-term shareholder value. Under the Plan, special incentives are granted to members, who contribute the incentives to the employee stock ownership plan, and treasury shares are disposed of to the plan by way of a third-party allotment (the “Treasury Share Disposal”). The Treasury Share Disposal is being conducted under the Plan.」
An incentive plan involving the grant of special incentives to the employee stock ownership plan and the disposal of treasury shares was introduced to enhance employees’ motivation to increase medium- to long-term shareholder value. On 20 January 2021, 5,992 shares were disposed of at ¥1,796 per share, for a total disposal value of ¥10,761,632.