Introducing a Restricted Stock Compensation Plan
First written in FY2019. 13 of 15 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-09-11.
- FY2026AdvancedAnnual report
「Treasury shares acquired during the fiscal year 2,390 550,473 …Treasury shares acquired and disposed of as restricted stock compensation 6,665」
Under the restricted stock compensation plan, 1,960 treasury shares were acquired gratuitously and 6,665 shares were disposed of, among other transactions, indicating continued operation of the plan. - 2026-05-20ReframedTreasury Stock
「We introduced this program at the 53rd Annual General Meeting of Shareholders held on 28 June 2022 to provide incentives for the sustainable enhancement of corporate value and to promote greater value sharing with shareholders. We have now decided to partially revise the program to further strengthen incentives for the eligible directors to sustainably enhance corporate value and further promote value sharing with shareholders.」
A proposal to revise the existing restricted stock compensation plan was presented, changing the annual compensation amount from no more than ¥25 million to no more than ¥30 million and the number of shares from no more than 70,000 to no more than 30,000, while also reviewing the transfer restriction period and performance conditions. The revision is subject to approval at the Annual General Meeting of Shareholders scheduled for 24 June 2026. - FY2025-H1AdvancedAnnual report
「Note: Treasury shares decreased by 14,648 shares through the disposal of treasury shares as restricted stock compensation.」
The Company also disposed of treasury shares under the restricted stock compensation plan during the interim period, reducing treasury shares by 14,648. - FY2024AdvancedAnnual report
「Treasury shares increased by 50,000 shares through acquisitions to secure treasury shares for delivery to eligible recipients under the restricted stock compensation plan and decreased by 25,860 shares through the disposal of treasury shares as restricted stock compensation.」
Under the restricted stock compensation plan, the Company acquired 50,000 treasury shares for delivery and disposed of 25,860 shares as compensation. - FY2024-Q2AdvancedAnnual report
「Note: Treasury shares increased by 50,000 shares through acquisitions to secure treasury shares for delivery to eligible recipients under the restricted stock compensation plan and decreased by 25,860 shares through the disposal of treasury shares as restricted stock compensation.」
Under the restricted stock compensation plan, the Company acquired 50,000 treasury shares for delivery and disposed of 25,860 shares as compensation. - FY2024-Q1AdvancedAnnual report
「Treasury shares increased by 50,000 shares through acquisitions to secure treasury shares for delivery to eligible recipients under the restricted stock compensation plan, bringing the number of treasury shares to 59,464 as of the end of the first quarter of the current fiscal year.」
The Company acquired 50,000 treasury shares for delivery under the restricted stock compensation plan, bringing the number of treasury shares to 59,464 at the end of the first quarter. - FY2023AdvancedAnnual report
「Treasury shares increased by 212,547 shares through the gratuitous acquisition of shares under the restricted stock compensation plan and by 130,900 shares through market purchases based on a resolution adopted by the Board of Directors on 23 May 2022.」
Acquisitions and disposals of treasury shares under the restricted stock compensation plan progressed, with 361,068 shares disposed of as compensation during the fiscal year. - FY2023-Q1AdvancedAnnual report
「Treasury shares increased by 212,547 shares through the gratuitous acquisition of shares under the restricted stock compensation plan as of 29 June 2022, and by 40,900 shares through acquisitions to secure treasury shares for delivery to eligible recipients.」
The Company disclosed the gratuitous acquisition of 212,547 shares under the restricted stock compensation plan and the acquisition of 40,900 shares for delivery to eligible recipients, indicating continued operation of the plan. - FY2022AdvancedAnnual report
「At the 50th Annual General Meeting of Shareholders held on 21 June 2019 and the 53rd Annual General Meeting of Shareholders held on 28 June 2022, resolutions were adopted to cap the total amount of cash compensation paid to provide restricted stock to directors, excluding non-executive directors including directors who are Audit and Supervisory Committee members and outside directors, at no more than ¥25 million per year.」
At the June 2022 Annual General Meeting of Shareholders, a resolution was also adopted setting a cap on the funding for grants under the restricted stock compensation plan, confirming the continuation of the plan. - FY2021-Q2AdvancedAnnual report
「Treasury shares decreased by 19,828 shares through the disposal of treasury shares as restricted stock compensation conducted on 17 August 2020.」
The Company disclosed the disposal of 19,828 treasury shares on 17 August 2020 under the restricted stock compensation plan. - FY2020-Q2AdvancedAnnual report
「Treasury shares increased by 233,300 shares through the acquisition of treasury shares in an off-auction purchase (ToSTNeT-3) conducted on 24 June 2019, and decreased by 192,719 shares through the disposal of treasury shares as restricted stock compensation conducted on 8 July 2019.」
The Company disclosed the disposal of 192,719 treasury shares on 8 July 2019 under the restricted stock compensation plan. - FY2020-Q1AdvancedAnnual report
「Of these shares, 233,300 were acquired to secure treasury shares for delivery to eligible recipients under the restricted stock compensation plan.」
The Company disclosed the acquisition of 233,300 treasury shares for delivery to eligible recipients under the restricted stock compensation plan. - FY2019First statedAnnual report
「The Company introduced a restricted stock compensation plan, pursuant to a resolution adopted at the 50th Annual General Meeting of Shareholders held on 21 June 2019, to provide directors, excluding non-executive officers including directors who are Audit and Supervisory Committee members and outside directors, with incentives to achieve sustained growth in corporate value and promote greater value sharing with shareholders, and added it to executive compensation from the following fiscal year onward.」
A restricted stock compensation plan was introduced pursuant to a resolution adopted at the June 2019 Annual General Meeting of Shareholders and added to compensation from the following fiscal year onward. Cash compensation was capped at ¥25 million per year and ¥75 million in total over 3 years.