Introduction of Stock Benefit Trust (Employee Stock Ownership Association Disposal Type)
First written in FY2018-Q2. 1 of 16 entries say "Achieved", first in FY2021. Latest entry: FY2023-Q2.
20 other companies' latest entry also says "Other".
- FY2023-Q2Updated the number of shares held in the trust accountAnnual report
「The weighted average number of ordinary shares outstanding during the period is calculated after deducting the Company's shares held in the trust account under the Stock Benefit Trust (employee stock ownership plan disposal type) (3,126 shares in the previous second quarter cumulative period and zero shares in the current second quarter cumulative period).」
For the discontinued Stock Benefit Trust, the number of shares held in the trust account fell to zero during the current second quarter cumulative period. - FY2022-Q3Updated the number of shares held in the trust accountAnnual report
「The weighted average number of ordinary shares outstanding during the period is calculated after deducting the Company's shares held in the trust account under the Stock Benefit Trust (employee stock ownership plan disposal type) (307,781 shares in the previous third quarter cumulative period and 2,080 shares in the current third quarter cumulative period).」
For the discontinued Stock Benefit Trust, the Company disclosed an average of 2,080 shares held in the trust account as deducted during the current third quarter cumulative period. - FY2022-Q2Updated the number of shares held in the trust accountAnnual report
「The weighted average number of ordinary shares outstanding during the period is calculated after deducting the Company's shares held in the trust account under the Stock Benefit Trust (employee stock ownership plan disposal type) (359,287 shares in the previous second quarter cumulative period and 3,126 shares in the current second quarter cumulative period).」
The average number of shares held in the trust account and deducted during the period was 3,126. - FY2022-Q1Updated the number of shares held in the trust accountAnnual report
「The weighted average number of ordinary shares outstanding during the period is calculated after deducting the Company's shares held in the trust account under the Stock Benefit Trust (employee stock ownership plan disposal type) (422,846 shares in the previous first quarter cumulative period and 6,286 shares in the current first quarter cumulative period).」
For the discontinued Stock Benefit Trust, the Company disclosed 6,286 shares held in the trust account during the current first quarter cumulative period. - FY2021AchievedAnnual report
「The Stock Benefit Trust (employee stock ownership plan disposal type), introduced in September 2017, ended in April 2021.」
The Stock Benefit Trust for the employee stock ownership plan ended in April 2021. - FY2021-Q3Updated the number of shares held in the trust accountAnnual report
「The weighted average number of ordinary shares outstanding during the period is calculated after deducting the Company's shares held in the trust account under the Stock Benefit Trust (employee stock ownership plan disposal type) (629,320 shares in the previous third quarter cumulative period and 307,781 shares in the current third quarter cumulative period).」
The average number of shares held in the trust account and deducted during the period was 307,781. - FY2021-Q1Updated the number of shares held in the trust accountAnnual report
「The weighted average number of ordinary shares outstanding during the period is calculated after deducting the Company's shares held in the trust account under the Stock Benefit Trust (employee stock ownership plan disposal type) (709,076 shares in the previous first quarter cumulative period and 422,846 shares in the current first quarter cumulative period).」
The average number of shares held in the trust account and deducted during the period was 422,846. - FY2020Updated the shares remaining in the trust and the outstanding borrowingsAnnual report
「The carrying amount and number of these treasury shares were ¥13,753 million and 722,200 shares, respectively, in the previous consolidated fiscal year, and ¥8,455 million and 444,000 shares, respectively, in the current consolidated fiscal year.」
The remaining shares under the Stock Benefit Trust decreased from 722,200 to 444,000, while their carrying amount decreased from ¥1,375.3 million to ¥845.5 million. Trust borrowings also decreased from ¥9.7 billion to ¥4.3 billion. - FY2020-Q3Updated the number of shares held in the trust accountAnnual report
「The weighted average number of ordinary shares outstanding during the period is calculated after deducting the Company's shares held in the trust account under the Stock Benefit Trust (employee stock ownership plan disposal type) (886,525 shares in the previous third quarter cumulative period and 629,320 shares in the current third quarter cumulative period).」
The average number of shares held in the trust account and deducted during the period was 629,320. - FY2020-Q2Updated the number of shares held in the trust account and borrowings outstandingAnnual report
「The weighted average number of ordinary shares outstanding during the period is calculated after deducting the Company's shares held in the trust account under the Stock Benefit Trust (employee stock ownership plan disposal type) (917,760 shares in the previous second quarter cumulative period and 663,463 shares in the current second quarter cumulative period).」
The average number of shares held in the trust account and deducted during the period was 663,463. The Company disclosed ¥7.0 billion in long-term borrowings under the Stock Benefit Trust, of which ¥5.4 billion is due for repayment within one year. - FY2019Updated the shares remaining in the trust and the outstanding borrowingsAnnual report
「Company shares remaining in the trust are recognized as treasury shares in net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these treasury shares were ¥18,527 million and 972,900 shares, respectively, at the end of the previous consolidated fiscal year, and ¥13,753 million and 722,200 shares, respectively, at the end of the current consolidated fiscal year.」
The number of shares remaining in the trust was 722,200, with a carrying amount of ¥13.753 billion, while borrowings in the trust had a carrying amount of ¥15.1 billion. - FY2019-Q3Updated the number of shares held in the trust accountAnnual report
「The weighted-average number of common shares outstanding excludes company shares held in the trust account relating to the Stock Benefit Trust (Employee Shareholding Association Disposal Plan), namely 423,778 shares for the cumulative third quarter of the previous fiscal year and 886,525 shares for the cumulative third quarter of the current fiscal year.」
The company disclosed 886,525 shares as the average number of shares held in the trust account deducted during the cumulative third-quarter period. - FY2019-Q2Updated the number of shares held in the trust accountAnnual report
「The weighted-average number of common shares outstanding excludes company shares held in the trust account relating to the Stock Benefit Trust (Employee Shareholding Association Disposal Plan), namely 92,176 shares for the cumulative second quarter of the previous fiscal year and 917,760 shares for the cumulative second quarter of the current fiscal year.」
The company disclosed 917,760 shares as the average number of shares held in the trust account deducted during the cumulative second-quarter period. - FY2018Updated the shares remaining in the trust and the outstanding borrowingsAnnual report
「Company shares remaining in the trust are recognized as treasury shares in net assets at their carrying amount in the trust, excluding incidental expenses. The carrying amount and number of these treasury shares were ¥18,527 million and 972,900 shares, respectively, for the current consolidated fiscal year.」
The number of shares remaining in the trust was 972,900, with a carrying amount of ¥18.527 billion. Borrowings in the trust had a carrying amount of ¥20.5 billion. - FY2018-Q3Updated the shares remaining in the trust and the outstanding borrowingsAnnual report
「In September 2017, the company introduced the Stock Benefit Trust (Employee Shareholding Association Disposal Plan). Trust & Custody Services Bank, Ltd. will acquire in advance, in a trust E account established with Trust & Custody Services Bank, Ltd. (the “Trust E Account”), a lump sum of company shares equivalent to the number expected to be purchased by the employee shareholding association over the subsequent 4 years, and will subsequently sell company shares when the employee shareholding association purchases shares.」
The number of company shares remaining in the trust was 1,015,900, with a carrying amount of ¥19.346 billion; borrowings in the trust had a carrying amount of ¥21.4 billion. - FY2018-Q2First statedAnnual report
「In September 2017, the company introduced the Stock Benefit Trust (Employee Shareholding Association Disposal Plan). Trust & Custody Services Bank, Ltd. will acquire in advance, in a trust E account established with Trust & Custody Services Bank, Ltd. (the “Trust E Account”), a lump sum of company shares equivalent to the number expected to be purchased by the employee shareholding association over the subsequent 4 years, and will subsequently sell company shares when the employee shareholding association purchases shares.」
The trust was introduced in September 2017 to promote the employee shareholding association and provide employee benefits. The company states that 1,107,000 company shares remained in the trust, with a carrying amount of ¥21.081 billion, and that borrowings in the trust had a carrying amount of ¥21.4 billion.