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Resona Holdings (8308) · InitiativeContinued decline in shares remaining in the trust

Medium- to Long-Term Incentives through an ESOP Employee Stock Ownership Association Support Trust

First written in FY2018-Q1. 4 of 22 entries say "Restated". Latest entry: FY2026.

22entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2018-Q1 – FY2022-Q1OtherFY2022-Q3 – FY20262017: 220172018: 220182019: 420192020: 320202021: 320212022: 320222023: 220232024: 220242025: 020252026: 12026
Same theme, other companies
Trust-Based Employee Stock Ownership Association Incentive (E-Ship)A theme 108 companies write about · 0 as a headwind · 106 as a tailwind

19 other companies' latest entry also says "Other".

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Showing 14 of the 108 companies compared. The sentences above are computed from all 108.
Full recordFilings, disclosures and news, newest first
  1. FY2026Continued decline in shares remaining in the trustAnnual report

    「The carrying amount and number of shares of the treasury shares were ¥3,273 million and 6,027 thousand shares, respectively (¥4,189 million and 7,711 thousand shares in the previous fiscal year).」

    The Employee Stock Ownership Plan Support Trust ESOP was continued, and the remaining shares decreased from 7.711 million shares to 6.027 million shares.
  2. FY2025-H1Continued decline in shares remaining in the trustAnnual report

    「The carrying amount and number of shares of the treasury shares were ¥4,638 million and 8,538 thousand shares, respectively (¥5,087 million and 9,365 thousand shares in the previous fiscal year).」

    The Employee Stock Ownership Plan Support Trust ESOP was continued, and the trust's remaining shares decreased from 9.365 million shares at the end of the previous fiscal year to 8.538 million shares.
  3. FY2024-Q3Continued decline in shares remaining in the trustAnnual report

    「The Company conducts a transaction to deliver its own shares to the employee stock ownership plan through a trust, the Employee Stock Ownership Plan Support Trust ESOP, to provide incentives related to increasing corporate value over the medium to long term.」「The carrying amount and number of shares of the treasury shares were ¥5,270 million and 9,701 thousand shares, respectively (¥6,163 million and 11,345 thousand shares in the previous fiscal year).」

    The Employee Stock Ownership Plan Support Trust ESOP was continued, and the trust's remaining shares decreased from 11.345 million shares at the end of the previous fiscal year to 9.701 million shares.
  4. FY2024-Q1Continued decline in shares remaining in the trustAnnual report

    「The carrying amount and number of shares of the treasury shares were ¥5,822 million and 10,717 thousand shares, respectively (¥6,163 million and 11,345 thousand shares in the previous fiscal year).」

    The Employee Stock Ownership Plan Support Trust ESOP was continued, and the trust's remaining shares decreased from 11.345 million shares at the end of the previous fiscal year to 10.717 million shares.
  5. FY2023-Q3Decrease in shares remaining in the trustAnnual report

    「The carrying amount and number of shares of the treasury shares were ¥6,359 million and 11,705 thousand shares, respectively (¥7,440 million and 13,696 thousand shares in the previous fiscal year).」

    The Employee Stock Ownership Plan Support Trust ESOP was continued, and the trust's remaining shares decreased from 13.696 million shares at the end of the previous fiscal year to 11.705 million shares, while the carrying amount decreased from ¥7.440 billion to ¥6.359 billion. The Resona Holdings Employee Stock Ownership Plan and the Kansai Mirai Financial Group Employee Stock Ownership Plan were merged on 1 February 2023.
  6. FY2023-Q2Decrease in shares remaining in the trustAnnual report

    「The carrying amount and number of shares of the treasury shares were ¥6,720 million and 12,370 thousand shares, respectively (¥7,440 million and 13,696 thousand shares in the previous fiscal year).」

    The Employee Stock Ownership Plan Support Trust ESOP structure was continued, and the trust's remaining shares decreased from 13.696 million shares at the end of the previous fiscal year to 12.370 million shares.
  7. FY2023-Q1Decrease in shares remaining in the trustAnnual report

    「The carrying amount and number of shares of the treasury shares were ¥6,998 million and 12,882 thousand shares, respectively (¥7,440 million and 13,696 thousand shares in the previous fiscal year).」

    The Employee Stock Ownership Plan Support Trust ESOP was continued, while the trust's remaining shares decreased from 13.696 million shares at the end of the previous fiscal year to 12.882 million shares.
  8. FY2022-Q3Decision to reintroduce ESOPAnnual report

    「On 31 January 2022, the Company decided to introduce the employee incentive plan, the Employee Stock Ownership Plan Support Trust ESOP (the “ESOP Trust”), to provide incentives related to increasing corporate value over the medium to long term, and determined details including the timing of establishing the ESOP Trust, the implementation period and the amount to be used to acquire shares.」

    The ESOP, which ended in September 2021, was reintroduced by decision dated 31 January 2022. The trust period is scheduled to run from 1 February 2022 to 31 January 2027, and the total acquisition amount is expected to be ¥7.602 billion.
  9. FY2022-Q2AchievedAnnual report

    「The Company had conducted a transaction to deliver its own shares to the employee stock ownership plan through a trust, the Employee Stock Ownership Plan Support Trust ESOP, to provide incentives related to increasing corporate value over the medium to long term, but the arrangement ended in September 2021.」「The arrangement ended in September 2021 following the sale of all shares in August 2021.」

    The Employee Stock Ownership Plan Support Trust ESOP sold all of its shares in August 2021 and ended in September 2021.
  10. FY2022-Q1Continued decline in shares remaining in the trustAnnual report

    「The carrying amount and number of shares of the treasury shares were ¥167 million and 300 thousand shares, respectively (¥586 million and 1,050 thousand shares in the previous fiscal year).」

    The Employee Stock Ownership Plan Support Trust ESOP was continued, and the trust's remaining shares decreased from 1,050 thousand shares at the end of the previous fiscal year to 300 thousand shares, while the carrying amount decreased from ¥586 million to ¥167 million.
  11. FY2021Continued decline in shares remaining in the trustAnnual report

    「The carrying amount and number of these treasury shares were ¥586 million and 1.050 million shares, respectively (¥2,191 million and 3.922 million shares, respectively, at the end of the previous consolidated fiscal year).」

    The ESOP continues, while shares remaining in the trust have declined from 3.922 million at the end of the previous fiscal year to 1.050 million.
  12. FY2021-Q1Continued decline in shares remaining in the trustAnnual report

    「The carrying amount and number of these treasury shares were ¥1,690 million and 3.025 million shares, respectively (¥2,191 million and 3.922 million shares, respectively, at the end of the previous consolidated fiscal year).」

    The employee shareholding association support trust ESOP continues, with shares remaining in the trust declining from 3.922 million at the end of the previous fiscal year to 3.025 million, and the carrying amount declining from ¥2.191 billion to ¥1.690 billion.
  13. FY2020Continued decline in shares remaining in the trustAnnual report

    「The carrying amount and number of these treasury shares were ¥2,191 million and 3.922 million shares, respectively (¥3,528 million and 6.314 million shares, respectively, at the end of the previous consolidated fiscal year).」

    The ESOP structure and the trust period through May 2022 remain in place, while shares remaining in the trust have declined from 6.314 million to 3.922 million.
  14. FY2020-Q3Continued decline in shares remaining in the trustAnnual report

    「The Company's shares remaining in the trust are recognised as treasury shares under net assets at the carrying amount recorded in the trust, excluding incidental expenses. The carrying amount and number of these treasury shares were ¥2,496 million and 4.467 million shares, respectively (¥3,528 million and 6.314 million shares, respectively, at the end of the previous consolidated fiscal year).」

    The employee shareholding association support trust ESOP structure continues, with shares remaining in the trust declining from 6.314 million at the end of the previous consolidated fiscal year to 4.467 million, and the carrying amount declining from ¥3.528 billion to ¥2.496 billion.
  15. FY2020-Q2Continued decline in shares remaining in the trustAnnual report

    「The carrying amount and number of these treasury shares were ¥2,872 million and 5.139 million shares, respectively (¥3,528 million and 6.314 million shares, respectively, at the end of the previous consolidated fiscal year).」

    The employee shareholding association support trust ESOP continues, with shares remaining in the trust declining from 6.314 million at the end of the previous fiscal year to 5.139 million, and the carrying amount declining from ¥3.528 billion to ¥2.872 billion.
  16. FY2020-Q1Continued decline in shares remaining in the trustAnnual report

    「The Company operates an employee shareholding association support trust ESOP, under which the Company's shares are delivered to the employee shareholding association through a trust, for the purpose of providing incentives related to enhancing corporate value over the medium to long term. … The carrying amount and number of these treasury shares were ¥3,143 million and 5.625 million shares, respectively (¥3,528 million and 6.314 million shares, respectively, at the end of the previous consolidated fiscal year).」

    The employee shareholding association support trust ESOP structure continues, with shares remaining in the trust declining from 6.314 million at the end of the previous consolidated fiscal year to 5.625 million, and the carrying amount declining from ¥3.528 billion to ¥3.143 billion.
  17. FY2019Decrease in shares remaining in the trustAnnual report

    「The Company's shares remaining in the trust are recognised as treasury shares under net assets at the carrying amount recorded in the trust, excluding incidental expenses. The carrying amount and number of these treasury shares were ¥3,528 million and 6.314 million shares, respectively (¥4,570 million and 8.179 million shares, respectively, at the end of the previous consolidated fiscal year).」

    The ESOP structure continues, with shares remaining in the trust declining from 8.179 million to 6.314 million and the carrying amount declining from ¥4.570 billion to ¥3.528 billion.
  18. FY2019-Q3RestatedAnnual report

    「The Company's shares remaining in the trust are recognised as treasury shares under net assets at the carrying amount recorded in the trust, excluding incidental expenses. The carrying amount and number of these treasury shares were ¥3,763 million and 6.735 million shares, respectively (¥4,570 million and 8.179 million shares, respectively, at the end of the previous consolidated fiscal year).」

    The employee shareholding association support trust ESOP structure continues, with 6.735 million shares remaining in the trust and a carrying amount of ¥3.763 billion.
  19. FY2019-Q2RestatedAnnual report

    「The Company established a trust for the benefit of employees who are members of the Resona Holdings Employee Shareholding Association (the "Employee Shareholding Association"). During the trust period, the trust acquires, within a predetermined period, the number of the Company's shares expected to be acquired by the Employee Shareholding Association. Thereafter, the trust sells the Company's shares to the Employee Shareholding Association on a specified day each month. The carrying amount and number of these treasury shares were ¥4,087 million and 7.313 million shares, respectively (¥4,570 million and 8.179 million shares, respectively, at the end of the previous consolidated fiscal year).」

    The ESOP structure of establishing the trust, acquiring shares and selling them monthly continues. Shares remaining in the trust total 7.313 million, with a carrying amount of ¥4.087 billion.
  20. FY2018RestatedAnnual report

    「The Company's shares remaining in the trust are recognised as treasury shares under net assets at the carrying amount recorded in the trust, excluding incidental expenses. The carrying amount and number of these treasury shares were ¥4,570 million and 8.179 million shares, respectively, for the fiscal year ended March 2022.」

    The employee shareholding association support trust ESOP continues, with a trust period from May 2017 to May 2022. The disclosure reports 8.179 million shares remaining in the trust, with a carrying amount of ¥4.570 billion.
  21. FY2018-Q2RestatedAnnual report

    「The Company established a trust for the benefit of employees who are members of the Resona Holdings Employee Shareholding Association (the "Employee Shareholding Association"). During the trust period, the trust acquires, within a predetermined period, the number of the Company's shares expected to be acquired by the Employee Shareholding Association. Thereafter, the trust sells the Company's shares to the Employee Shareholding Association on a specified day each month.」

    Regarding the employee shareholding association support trust ESOP, the disclosure details the process of establishing the trust, acquiring shares and selling them to the employee shareholding association each month. At the end of the interim period, 8.983 million shares remained in the trust, with a carrying amount of ¥5.020 billion.
  22. FY2018-Q1First statedAnnual report

    「The Company operates an employee shareholding association support trust ESOP, under which the Company's shares are delivered to the employee shareholding association through a trust, for the purpose of providing incentives related to enhancing corporate value over the medium to long term.」

    The disclosure describes a scheme under which the Company's shares are delivered through a trust for the benefit of employees. At the end of the quarter, 9.349 million shares remained in the trust, with a carrying amount of ¥5.225 billion.
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Medium- to Long-Term Incentives through an ESOP Employee Stock Ownership Association Support Trust | Resona Holdings, Inc. (8308) | Komori