Introduction of a Restricted Stock Compensation Plan
First written in FY2018. 1 of 2 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2019-Q1.
7 other companies' latest entry also says "Achieved".
- FY2019-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 7 June 2018, the company resolved to dispose of treasury shares as restricted stock compensation (the “Treasury Share Disposal”). On 22 June 2018, it allotted restricted stock compensation and disposed of treasury shares.」
For the restricted stock compensation plan whose introduction was disclosed in the previous fiscal year, the company allotted 13,100 shares to directors, directors serving as Audit and Supervisory Committee members, and executive officers, and disposed of treasury shares. The transaction took place after the end of the quarter. - FY2018First statedAnnual report
「At the 70th Annual General Meeting of Shareholders held on 25 May 2018, a resolution was passed to introduce a restricted stock compensation plan in place of the existing stock option-based compensation plan, with the aim of sharing the benefits and risks of share-price movements with shareholders and further increasing their motivation to contribute to higher share prices and corporate value.」
The company disclosed a resolution to introduce a restricted stock compensation plan in place of the existing stock option-based compensation plan, with the aim of sharing the effects of share-price movements and encouraging contributions to higher corporate value.