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Share Issuance and Disposal8601Daiwa Securities Group Inc.Financials (excluding banks)

Introduction of a "Special Incentive Contribution Plan" through the Group Employee Stock Ownership Plan

A new plan will be introduced under which each member of the Employee Stock Ownership Plan will receive a uniform special incentive of ¥100,000, which will be used to acquire the Company's treasury shares through a third-party allotment to the plan. The disposal of treasury shares is scheduled to take place around July each year.

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38Recurring
Scored from 4 of 5 sections
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Improvement
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Wording
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Details of issuance or disposal

Disposal of Treasury Shares Through a Third-Party Allotment

Intended allottee
Daiwa Securities Group Employee Stock Ownership Plan
Total Stock-Based Compensation

Uniform special incentive of ¥100,000 per member (total amount is Not disclosed)

Categories and Number of Persons Covered
Members of the Daiwa Securities Group Employee Stock Ownership Plan (the number of members and number of shares allocated are Not disclosed)
Payment date
Around July each year (planned)
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of Treasury Shares Through a Third-Party Allotment
Payment dateAround July each year (planned)
Intended allotteeDaiwa Securities Group Employee Stock Ownership Plan
Categories and Number of Persons CoveredMembers of the Daiwa Securities Group Employee Stock Ownership Plan (the number of members and number of shares allocated are Not disclosed)
Total Stock-Based CompensationUniform special incentive of ¥100,000 per member (total amount is Not disclosed)
Items this document does not state (23)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The plan is intended to encourage employees who are not currently members to join the Employee Stock Ownership Plan and broaden their opportunities to own the Company's shares. It is also intended to raise employees' awareness of share price appreciation and enhancement of corporate value by enabling them to benefit from share price gains and dividends, thereby sharing long-term and medium-term shareholder value.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Introduction of a "Special Incentive Contribution Plan" through the Group Employee Stock Ownership Plan | Daiwa Securities Group Inc. (8601) timely disclosure | Komori