Transition to a Stock Delivery Trust for Officers and Employees
First written in FY2020. 18 of 22 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2019: 1 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「This stock-based compensation, covering the 3 fiscal years beginning with the fiscal year ending March 2026, sets achievement of the consolidated revenue target in the medium-term management plan announced on 2 May 2025 as an allocation condition.」
The executive stock delivery trust will continue for the 3 fiscal years beginning with the fiscal year ending March 2026, with achievement of the consolidated revenue target in the medium-term management plan specified as a condition for stock delivery. The remaining shares in the employee trust increased from 364,400 to 417,700. - FY2026-H1AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥37.375 million and 55,500 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥7.407 million and 11,000 shares, respectively, as of the end of the current interim consolidated accounting period. The carrying amount and number of the corresponding treasury shares were ¥229.679 million and 364,400 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥36.998 million and 58,700 shares, respectively, as of the end of the current interim consolidated accounting period.」
The remaining shares in the executive stock delivery trust decreased from 55,500 to 11,000, while those in the employee trust decreased from 364,400 to 58,700, indicating progress in share delivery through the plans. - FY2025AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥50.496 million and 80,000 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥37.375 million and 55,500 shares, respectively, as of the end of the current consolidated fiscal year.」
The remaining shares in the executive stock delivery trust decreased from 80,000 to 55,500. The employee trust also decreased from 622,500 to 364,400 shares, indicating progress in share delivery. - FY2025-H1AdvancedAnnual report
「The Company records its shares remaining in the trust as treasury shares under net assets at their carrying amount in the trust, excluding ancillary costs. The carrying amount and number of these treasury shares were ¥50.496 million and 80,000 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥22.407 million and 35,500 shares, respectively, as of the end of the current interim consolidated accounting period.」
The remaining shares in the executive stock delivery trust decreased from 80,000 to 35,500, indicating progress in share delivery through the plan. The remaining shares in the employee trust also decreased from 622,500 to 334,400. - FY2024AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥78.585 million and 124,500 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥50.496 million and 80,000 shares, respectively, as of the end of the current consolidated fiscal year. The corresponding figures were ¥556.572 million and 898,700 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥385.519 million and 622,500 shares, respectively, as of the end of the current consolidated fiscal year.」
The remaining shares in the executive stock delivery trust decreased from 124,500 to 80,000, while those in the employee trust decreased from 898,700 to 622,500, indicating progress in share delivery. - FY2024-Q2AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥78.585 million and 124,500 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥50.496 million and 80,000 shares, respectively, as of the end of the second quarter of the current consolidated fiscal year.」
The remaining shares in the executive stock delivery trust decreased from 124,500 to 80,000. The employee trust also decreased from 898,700 to 622,500 shares, indicating progress in share delivery through the plans. - FY2024-Q1Decrease in remaining shares in employee trustAnnual report
「The carrying amount and number of these treasury shares were ¥556.572 million and 898,700 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥385.519 million and 622,500 shares, respectively, as of the end of the first quarter of the current consolidated fiscal year.」
The remaining shares in the employee stock delivery trust decreased from 898,700 to 622,500, indicating progress in share delivery through the plan. The executive trust was unchanged at 124,500 shares. - FY2023AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥12.985 million and 24,500 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥78.585 million and 124,500 shares, respectively, as of the end of the current consolidated fiscal year. The corresponding figures were ¥103.932 million and 208,700 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥556.572 million and 898,700 shares, respectively, as of the end of the current consolidated fiscal year.」
Through additional acquisitions under the executive and employee stock delivery trusts, the shares held by the trusts increased to 124,500 and 898,700, respectively. - FY2023-Q3AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥12.985 million and 24,500 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥78.585 million and 124,500 shares, respectively, for the cumulative third quarter of the current consolidated fiscal year.」
The remaining shares in the executive stock delivery trust increased from 24,500 to 124,500. The employee trust also increased from 208,700 to 898,700 shares, expanding the operation of the plans through additional acquisitions. - FY2023-Q2AdvancedAnnual report
「The carrying amount and number of the Company’s shares remaining in the trust were ¥12.985 million and 24,500 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥78.585 million and 124,500 shares, respectively, for the cumulative second quarter of the current consolidated fiscal year. The corresponding figures were ¥103.932 million and 208,700 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥556.572 million and 898,700 shares, respectively, for the cumulative second quarter of the current consolidated fiscal year.」
The shares remaining in the executive and employee stock delivery trusts increased through additional acquisitions, expanding the operation of the plans. - FY2023-Q1AdvancedAnnual report
「At a Board of Directors meeting held on 9 August 2022, the Company resolved to provide additional funds to the trustee to acquire additional shares of the Company under the stock delivery trust system for directors and officers of the Company group, which was introduced on 8 May 2020.」
The Company disclosed a resolution to add 100,000 shares for the executive plan and 690,000 shares for the employee plan to the trusts through a disposal of treasury shares on 25 August 2022, expanding the operation of the stock delivery trusts. - FY2022AdvancedAnnual report
「The Company records its shares remaining in the trust as treasury shares under net assets at their carrying amount in the trust, excluding ancillary costs. The carrying amount and number of these treasury shares were ¥38.690 million and 73,000 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥12.985 million and 24,500 shares, respectively, as of the end of the current consolidated fiscal year.」
The remaining shares in the executive stock delivery trust decreased from 73,000 to 24,500, indicating progress in share delivery. The employee trust also decreased from 468,900 to 208,700 shares. - FY2022-Q3AdvancedAnnual report
「At a Board of Directors meeting held on 14 February 2022, the Company resolved to provide additional funds to the trustee to acquire additional shares of the Company under the stock delivery trust system for directors and officers of the Company group, which was introduced on 8 May 2020.」
The Company resolved to acquire an additional 98,000 shares for the executive plan and 412,000 shares for the employee plan through a disposal of treasury shares to the trusts on 3 March 2022. - FY2022-Q2AdvancedAnnual report
「The Company records its shares remaining in the trust as treasury shares under net assets at their carrying amount in the trust, excluding ancillary costs. The carrying amount and number of these treasury shares were ¥38.690 million and 73,000 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥12.985 million and 24,000 shares, respectively, as of the end of the second quarter of the current consolidated fiscal year.」
The remaining shares in the executive stock delivery trust decreased from 73,000 to 24,000, indicating progress in share delivery through the plan. The employee trust had 208,000 remaining shares. - FY2022-Q1AdvancedAnnual report
「The Company records its shares remaining in the trust as treasury shares under net assets at their carrying amount in the trust, excluding ancillary costs. The carrying amount and number of these treasury shares were ¥38.690 million and 73,000 shares, respectively, as of the end of the previous consolidated fiscal year, and ¥19.345 million and 36,000 shares, respectively, as of the end of the first quarter of the current consolidated fiscal year.」
The remaining shares in the executive stock delivery trust decreased from 73,000 to 36,000, indicating progress in share delivery through the plan. The remaining shares in the employee trust also decreased from 468,000 to 208,000. - FY2021AdvancedAnnual report
「The decrease of 267,600 common treasury shares resulted from the delivery of shares held by the stock delivery trust.」
The stock delivery trusts for directors, officers and employees delivered 267,600 shares, demonstrating progress in the operation of the plans. - FY2021-Q3RestatedAnnual report
「The Company records its shares remaining in the trust as treasury shares under net assets at their carrying amount in the trust, excluding ancillary costs. The carrying amount and number of these treasury shares were ¥233.512 million and 468,000 shares, respectively, as of the end of the third quarter of the current consolidated fiscal year.」
For the employee stock delivery trust, the Company continued to disclose the carrying amount of ¥233.512 million and 468,000 remaining treasury shares held by the trust. It also disclosed ¥38.690 million and 73,000 shares for the executive trust. - FY2021-Q2RestatedAnnual report
「The Company records its shares remaining in the trust as treasury shares under net assets at their carrying amount in the trust, excluding ancillary costs. The carrying amount and number of these treasury shares were ¥233.512 million and 468,000 shares, respectively, as of the end of the second quarter of the current consolidated fiscal year.」
For the employee stock delivery trust, the Company continued to disclose the carrying amount of ¥233.512 million and 468,000 remaining treasury shares held by the trust. - FY2021-Q1AdvancedAnnual report
「The Company records its shares remaining in the trust as treasury shares under net assets at their carrying amount in the trust, excluding ancillary costs. The carrying amount and number of these treasury shares were ¥239.787 million and 481,000 shares, respectively, as of the end of the first quarter of the current consolidated fiscal year.」
For the employee stock delivery trust, the Company specifically disclosed a carrying amount of ¥239.787 million and 481,000 remaining treasury shares held by the trust. - FY2020First statedAnnual report
「Executive compensation now consists of base compensation and stock-based compensation under the stock delivery trust system.」
The Company introduced a stock delivery trust for directors and officers in place of performance-linked stock options, and also introduced a stock delivery trust for employees. For the employee trust, it disclosed 700,000 shares, trust funding of ¥362.350 million, and a trust period beginning 11 May 2020, among other details.