Introduction of a stock-delivery trust for the employee shareholding association
First written in FY2022-Q2. 1 of 15 entries say "Raised", first in FY2022-Q3. Latest entry: FY2026.
19 other companies' latest entry also says "Other".
- FY2026Updated shares held in trust at fiscal year-end (181 thousand shares)Annual report
「The carrying value and number of these treasury shares were ¥849 million and 306 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥502 million and 181 thousand shares, respectively, at the end of the current consolidated fiscal year.」
Updated the shares remaining in the stock benefit trusts for officers and employees and related arrangements at fiscal year-end to 181 thousand shares and their carrying value to ¥502 million. - FY2026-H1Updated the number of shares held in trust at the end of the interim period (240 thousand shares)Annual report
「The carrying value and number of these treasury shares were ¥849 million and 306 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥665 million and 240 thousand shares, respectively, at the end of the current interim consolidated period.」
Updated the shares remaining in the employee stock ownership plan stock benefit trust and related arrangements at the end of the interim period to 240 thousand shares and their carrying value to ¥665 million. - FY2025Updated the number of shares held in trust at fiscal year-end (306 thousand shares)Annual report
「The carrying value and number of these treasury shares were ¥1,186 million and 428 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥849 million and 306 thousand shares, respectively, at the end of the current consolidated fiscal year.」
Updated the shares remaining in the employee stock ownership plan stock benefit trust and related arrangements at fiscal year-end to 306 thousand shares and their carrying value to ¥849 million. - FY2025-H1Updated the number of shares held in trust at the end of the interim period (371 thousand shares)Annual report
「The carrying value and number of these treasury shares were ¥1,186 million and 428 thousand shares, respectively, at the end of the previous consolidated fiscal year, and ¥1,029 million and 371 thousand shares, respectively, at the end of the current interim consolidated period.」
Updated the shares remaining in the employee stock ownership plan stock benefit trust at the end of the interim period to 371 thousand shares and their carrying value to ¥1,029 million. - FY2024Updated the number of shares held in trust at fiscal year-end (428 thousand shares)Annual report
「At the end of the current consolidated fiscal year, the carrying value and number of these treasury shares were ¥1,186 million and 428 thousand shares, respectively.」
Updated the shares remaining in the employee stock ownership plan stock benefit trust at fiscal year-end to 428 thousand shares and their carrying value to ¥1,186 million. - FY2024-Q3Updated the number of shares held in trust at the end of the third quarter (563,800 shares)Annual report
「As of the end of the third quarter of the current fiscal year, the number of treasury shares was 6,005,376 shares. However, the 563,800 shares held by Japan Custody Bank Co., Ltd. (Trust E Account) as trust assets for the Stock Benefit Trust (BBT) and the Stock Benefit Trust (Employee Stock Ownership Plan Disposal Type) are not included in the number of treasury shares as of the end of the third quarter.」
For the stock benefit trusts for officers and employees, the number of shares held in trust at the end of the third quarter was updated to 563,800 shares. - FY2024-Q2Updated the number of shares held in trust at the end of the second quarter (603,100 shares)Annual report
「The common shares under “Fully Voting Shares (Other)” include 603,100 shares, representing 6,031 voting rights, held by Japan Custody Bank Co., Ltd. (Trust E Account) as trust assets for the Stock Benefit Trust (BBT) and the Stock Benefit Trust (Employee Stock Ownership Plan Disposal Type).」
For the stock benefit trusts for officers and employees, the number of shares held in trust at the end of the second quarter was updated to 603,100 shares. - FY2024-Q1Updated the number of shares held in trust at the end of the first quarter (645,600 shares)Annual report
「For the calculation of basic earnings per share, the company includes the shares held by Japan Custody Bank Co., Ltd. (Trust E Account) as trust assets for the Stock Benefit Trust (BBT) and the Stock Benefit Trust (Employee Stock Ownership Plan Type) among treasury shares deducted in calculating the average number of shares outstanding during the period. The figures were 795 thousand shares for the cumulative first quarter of the previous fiscal year and 645 thousand shares for the cumulative first quarter of the current fiscal year.」
For the stock benefit trusts for officers and employees, the number of shares held in trust used in the calculation for the cumulative first quarter of the current fiscal year was updated to 645 thousand shares. - FY2023Updated the number of shares held in trust at fiscal year-end (558 thousand shares)Annual report
「The company records the shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding incidental expenses. At the end of the current consolidated fiscal year, the carrying value and number of these treasury shares were ¥1,549 million and 558 thousand shares, respectively.」
Updated the shares remaining in the employee stock ownership plan stock benefit trust at fiscal year-end to 558 thousand shares and their carrying value to ¥1,549 million. - FY2023-Q3Updated the number of shares held in trust at the end of the third quarter (700,300 shares)Annual report
「The 700,300 shares held by Japan Custody Bank Co., Ltd. (Trust E Account) as trust assets for the Stock Benefit Trust (BBT) and the Stock Benefit Trust (Employee Stock Ownership Plan Disposal Type) are not included in the number of treasury shares as of the end of the third quarter of the current fiscal year.」
For the stock benefit trusts for officers and employees, the number of shares held in trust at the end of the third quarter was updated to 700,300 shares. - FY2023-Q2Updated the number of shares held in trust (748,100 shares)Annual report
「The 748,100 shares held by Japan Custody Bank Co., Ltd. (Trust E Account) as trust assets for the Stock Benefit Trust (BBT) and the Stock Benefit Trust (Employee Stock Ownership Plan Disposal Type), representing 7,481 voting rights, are included.」
Updated the number of shares held in Trust E Account under the stock benefit trusts for officers and employees to 748,100 shares. - FY2023-Q1Updated the number of shares held in trust (795,200 shares)Annual report
「As of the end of the first quarter of the current fiscal year, the number of treasury shares was 5,107,783 shares. However, the 795,200 shares held by Japan Custody Bank Co., Ltd. (Trust E Account) as trust assets for the Stock Benefit Trust (BBT) and the Stock Benefit Trust (Employee Stock Ownership Plan Disposal Type) are not included in the number of treasury shares as of the end of the first quarter.」
The number of shares held in trust at the end of the first quarter, 795,200 shares, was disclosed for the employee stock ownership plan stock benefit trust and related arrangements. - FY2022AdvancedAnnual report
「The company records the shares remaining in the trust as treasury shares under net assets at their carrying value in the trust, excluding incidental expenses. At the end of the current consolidated fiscal year, the carrying value and number of these treasury shares were ¥1,971 million and 710 thousand shares, respectively.」
The employee stock ownership plan stock benefit trust reached the stage of implementation and share acquisition. At fiscal year-end, the trust held 710 thousand shares with a carrying value of ¥1,971 million. - FY2022-Q3RaisedAnnual report
「At a meeting of the Board of Directors held on 26 October 2021, the company resolved to introduce the Stock Benefit Trust (Employee Stock Ownership Plan Disposal Type) to enhance employee welfare and provide incentives linked to increases in corporate value. At a meeting held on 25 January 2022, the Board of Directors resolved the details of the Plan. Trust establishment date: 14 February 2022. Trust term: 14 February 2022 to 10 March 2027 (予定). Total acquisition cost: ¥2,000 million (予定). Share acquisition period: 14 February 2022 to 29 March 2022 (予定). Share acquisition method: acquisition through the stock exchange market.」
The stock benefit trust for the employee stock ownership plan advanced to the detailed resolution stage, and the planned total share acquisition cost was increased from approximately ¥1.5 billion to ¥2 billion. The trust establishment date, term, acquisition period and acquisition method were also specified. - FY2022-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 26 October 2021, the company resolved to introduce the Stock Benefit Trust (Employee Stock Ownership Plan Disposal Type) (the “Plan”) to enhance employee welfare and provide incentives linked to increases in corporate value. Japan Custody Bank Co., Ltd. will acquire in advance, in Trust E Account established with Japan Custody Bank Co., Ltd., a lump sum of the company’s shares equivalent to the number expected to be purchased by the employee stock ownership plan over the next 5 years, and will subsequently sell the company’s shares periodically when the employee stock ownership plan purchases shares. Based on the employee stock ownership plan’s past purchase record, the total acquisition cost of the shares is currently expected to be approximately ¥1.5 billion.」
The company resolved to introduce a stock benefit trust to ensure a stable supply of shares to the employee stock ownership plan and return the benefits of share price increases to employees. Assuming a 5-year period, the total share acquisition cost is expected to be approximately ¥1.5 billion.