Abolition of the Executive Retirement Benefit System and Introduction of a Stock-Based Compensation Plan
First written in FY2017. 8 of 18 entries say "Restated". Latest entry: FY2027-H1.
16 other companies' latest entry also says "Other".
- FY2027-H1Decrease in shares held in trustAnnual report
「The carrying amount and number of these treasury shares were ¥378 million and 182,500 shares at the end of the previous consolidated fiscal year, and ¥304 million and 146,900 shares at the end of the current interim consolidated accounting period.」
The remaining shares held in the trust related to the stock compensation program for directors decreased from 182,500 shares valued at ¥378 million to 146,900 shares valued at ¥304 million. - FY2026-H1Flat after an increase in shares held in trustAnnual report
「The carrying amount and number of these treasury shares were ¥378 million and 182,500 shares, respectively, at the end of the previous consolidated fiscal year. At the end of the current interim consolidated accounting period, the carrying amount and number of these treasury shares were also ¥378 million and 182,500 shares, respectively.」
The shares remaining in the trust related to the stock compensation plan for officers totaled 182,500, with a carrying amount of ¥378 million, and the number remained unchanged through the end of the interim period. - FY2025-Q1Decrease in shares held in trustAnnual report
「In addition, the carrying amount and number of these treasury shares at the end of the first quarter of the current consolidated fiscal year were ¥232 million and 107,500 shares, respectively.」
Both the number and carrying amount of the company's shares remaining in the trust related to the stock compensation plan for officers decreased from the end of the previous consolidated fiscal year. - FY2024AdvancedAnnual report
「The company contributed ¥373 million to acquire the shares needed to deliver the company's shares to directors and other officers under the Plan, acquiring 172,300 of the company's shares.」
The stock compensation plan for officers progressed to the stage of contributing ¥373 million and acquiring 172,300 shares for eligible participants, including subsidiary officers. - FY2023AdvancedAnnual report
「In addition, since 1 March 2022, officers of certain subsidiaries have been included among the eligible participants.」
The scope of the stock compensation plan for officers was expanded to include officers of certain subsidiaries, and ¥332 million was contributed to acquire 150,000 shares. - FY2023-Q3RestatedAnnual report
「In addition, as of the end of the third quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥327 million and 148,250 shares, respectively.」
The stock delivery trust for officers remains in place, with the company's shares remaining in the trust totaling ¥327 million and 148,250 shares, unchanged from the end of the previous consolidated fiscal year. - FY2022-Q3Increase in Shares Held by the TrustAnnual report
「In addition, as of the end of the third quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥327 million and 148,250 shares, respectively.」
The company's shares remaining in the stock delivery trust for officers increased from ¥203 million and 88,250 shares at the end of the previous consolidated fiscal year to ¥327 million and 148,250 shares. - FY2022-Q1RestatedAnnual report
「In addition, as of the end of the first quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥203 million and 88,250 shares, respectively.」
The stock delivery trust for officers remains in place, and the shares remaining in the trust were ¥203 million and 88,250 shares, unchanged from the end of the previous fiscal year. - FY2021-Q3RestatedAnnual report
「In addition, as of the end of the third quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥203 million and 88,250 shares, respectively.」
The stock delivery trust for officers remains in place, and the company's shares remaining in the trust were ¥203 million and 88,250 shares, unchanged from the end of the previous consolidated fiscal year. - FY2021-Q2RestatedAnnual report
「In addition, as of the end of the second quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥203 million and 88,250 shares, respectively.」
The stock delivery trust for officers remains in place, and the company's shares remaining in the trust were ¥203 million and 88,250 shares, unchanged from the end of the previous consolidated fiscal year. - FY2020-Q3Increase in Shares Held by the TrustAnnual report
「In addition, as of the end of the third quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥203 million and 88,250 shares, respectively.」
The stock delivery trust for officers remains in place, and the company's shares remaining in the trust increased from 40,000 shares and ¥108 million at the end of the previous consolidated fiscal year to 88,250 shares and ¥203 million. - FY2020-Q2RestatedAnnual report
「Based on a resolution at the 50th Annual General Meeting of Shareholders held on 18 May 2017, the company introduced a stock compensation plan for its directors, excluding outside and part-time directors, and audit & supervisory board members, excluding part-time members, effective 10 July 2017. These persons are collectively referred to below as "directors and other officers," and the plan as the "Plan."」
The stock compensation plan introduced after the abolition of the retirement benefit system for directors and audit & supervisory board members remains in place. The shares remaining in the trust totaled 38,250, with a carrying amount of ¥103 million. - FY2020-Q1RestatedAnnual report
「Based on a resolution at the 50th Annual General Meeting of Shareholders held on 18 May 2017, the company introduced a stock compensation plan for its directors, excluding outside and part-time directors, and audit & supervisory board members, excluding part-time members, effective 10 July 2017. These persons are collectively referred to below as "directors and other officers," and the plan as the "Plan."」
The stock compensation plan introduced after the abolition of the retirement benefit system for directors and audit & supervisory board members remains in place. - FY2019-Q2RestatedAnnual report
「Based on a resolution at the 50th Annual General Meeting of Shareholders held on 18 May 2017, the company introduced a stock compensation plan for its directors, excluding outside and part-time directors, and audit & supervisory board members, excluding part-time members, effective 10 July 2017. These persons are collectively referred to below as "directors and other officers," and the plan as the "Plan."」
The stock compensation plan introduced after the abolition of the retirement benefit system for directors and audit & supervisory board members remains in place. - FY2018-Q3RestatedAnnual report
「As of the end of the third quarter of the current consolidated fiscal year, the carrying amount and number of these treasury shares were ¥108 million and 40,000 shares, respectively.」
The stock delivery trust for officers remains in place, with 40,000 shares held in trust and a carrying amount of ¥108 million. - FY2018-Q2AchievedAnnual report
「Based on a resolution at the 50th Annual General Meeting of Shareholders held on 18 May 2017, the company introduced a stock compensation plan for its directors, excluding outside and part-time directors, and audit & supervisory board members, excluding part-time members, effective 10 July 2017. These persons are collectively referred to below as "directors and other officers," and the plan as the "Plan."」
Following the abolition of the retirement benefit system for directors and audit & supervisory board members, the company actually introduced the stock compensation plan for officers on 10 July 2017. The eligible period was 2 years, from the fiscal year ending February 2018 through the fiscal year ending February 2019; the shares held in trust totaled 40,000, with a carrying amount of ¥108 million. - FY2018-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 10 April 2017, the company resolved to abolish its existing retirement benefit system for directors and audit & supervisory board members upon the conclusion of the 50th Annual General Meeting of Shareholders held on 18 May 2017. At that meeting, a proposal for the payment of discontinued retirement benefits to officers was approved.」
The abolition of the retirement benefit system for directors and audit & supervisory board members moved into implementation following resolutions by the Board of Directors and approval at the general meeting of shareholders, and the allowance was also reversed. No additional disclosure regarding the introduction of the stock compensation plan was included in this filing. - FY2017First statedAnnual report
「The company has abolished its retirement benefit system for directors and audit & supervisory board members and introduced a new stock-based compensation plan for directors, excluding outside and part-time directors, and audit & supervisory board members, excluding part-time members.」
The company first disclosed, as a subsequent event, its policy of abolishing retirement benefits for directors and transitioning to a trust-based stock compensation plan linked to the share price. The trust period was scheduled to run from July 2017 to August 2019, and the contribution limit was ¥200 million.