Executive and Employee Incentives Through a Restricted Stock Compensation Plan
First written in FY2018. 8 of 11 entries say "Advanced", first in FY2019-Q2. Latest entry: 2026-08-20.
- FY2026RaisedAnnual report
「Short-term performance-linked compensation will be cash compensation based on consolidated ordinary profit for the fiscal year, with the amount determined according to the level of achievement of the target, in order to raise awareness of annual performance and strengthen incentives to improve results. Medium- to long-term performance-linked compensation will take the form of performance share units (PSUs) reflecting the key performance indicators of the medium-term management plan, in order to provide incentives for the sustained enhancement of corporate value through achievement of the performance targets set out in the plan and improvement in performance over the medium to long term.」
A proposal was presented to introduce, in addition to the existing restricted stock compensation, cash compensation linked to annual ordinary profit and PSUs linked to the indicators in the medium-term plan. - 2026-05-26AdvancedGovernance
「The compensation will consist of 2 types, restricted stock-based compensation (RS) and performance share units (PSU), in an approximately 1:1 ratio.」
The company made concrete its policy of introducing a long-term incentive compensation plan combining RS and PSU for eligible directors and others, in addition to the existing restricted stock compensation plan. The canonical threads remain unchanged. - FY2023AdvancedAnnual report
「Granted on 31 October 2019 Unreleased balance at the end of the consolidated fiscal year － Granted on 26 February 2021 Unreleased balance at the end of the consolidated fiscal year 42,920」
The transfer restrictions on the shares granted in 2019 were lifted in fiscal 2022, while 42,920 shares granted in 2021 remained subject to restrictions. The restricted stock compensation plan progressed. - FY2021AdvancedAnnual report
「Granted on 26 February 2021 Categories and numbers of eligible recipients 1 employee of the Company 241 employees of subsidiaries Number granted 52,360 common shares」
Under the restricted stock compensation plan, 52,360 shares were actually granted to 242 employees of the Company and its subsidiaries on 26 February 2021. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 25 November 2020, the Company resolved to issue new shares as described below.」
Under the restricted stock compensation plan, a resolution was passed to issue 59,600 shares, with payment scheduled for 26 February 2021. The eligible recipients were employees of the Company, executive officers of subsidiaries and employees of subsidiaries, and the transfer restriction period was set from 26 February 2021 to 1 June 2023. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 16 August 2019, the Company resolved to issue new shares as described below, and payment was completed on 31 October 2019. (2) Class and number of shares to be issued: 10,820 common shares of the Company」
Under the restricted stock compensation plan, payment was completed on 31 October 2019 and the plan progressed to the actual issuance of shares. Of the originally planned 12,090 shares, 10,820 shares were issued, excluding the 1,270 shares for which no application was made. The transfer restriction period was from 31 October 2019 to 1 April 2022. - FY2019RestatedAnnual report
「The increase of 2,183,480 issued common shares comprised 2,128,200 new shares issued upon exercise of stock acquisition rights and 55,280 new shares issued in connection with the grant of restricted stock.」
The issuance of 55,280 shares under the restricted stock compensation plan was reconfirmed as the fiscal-year result. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 15 August 2018, the Company resolved to issue new shares as described below, and payment was completed on 31 October 2018.」
Under the restricted stock compensation plan, payment was completed on 31 October 2018 and the plan progressed to the actual issuance of shares. The final number of shares issued was 55,280, with a transfer restriction period from 31 October 2018 to 1 April 2021. - FY2018First statedAnnual report
「Under its group medium-term management plan, the Company has adopted a management strategy of continuing and accelerating the expansion of the profitability of its pet insurance business while building an infrastructure business that engages with pets throughout their lives. The Company announced a rolling plan for 2020 under this plan on 9 May 2018. As part of measures to steadily achieve the management targets during the plan period, and to provide group officers and employees with incentives to increase the share price, the Company decided to introduce this plan.」
At a meeting of the Board of Directors held on 24 May 2018, the Company resolved to introduce a restricted stock compensation plan for executive officers, employees and directors of subsidiaries, among others. The plan involves issuing or disposing of shares through in-kind contributions of monetary claims, imposing transfer restrictions and acquiring the shares without consideration upon the occurrence of certain events.