Introduction of a Restricted Stock Compensation Plan
First written in FY2017. 6 of 8 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2024-Q1.
- FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 12 January 2024, the company resolved to dispose of treasury shares as restricted stock compensation, and carried out the Treasury Share Disposal on 9 February 2024.」
As restricted stock compensation, 109,500 common shares were disposed of on 9 February 2024. The allocation comprised 84,000 shares for 7 directors and 25,500 shares for 17 executive officers, with the transfer restriction period running through 8 February 2027. - FY2022AdvancedAnnual report
「Other (disposal of treasury shares under the restricted stock compensation plan) 10,000 7,950,000」
On 4 February 2022, 10,000 treasury shares were disposed of as restricted stock compensation. This confirms the plan's continued implementation. - FY2021-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 15 January 2021, the company resolved to dispose of treasury shares as restricted stock compensation (the "Treasury Share Disposal" or the "Disposal"), and carried out the Treasury Share Disposal on 5 February 2021.」
As part of the implementation of the restricted stock compensation plan, 105,000 common shares were disposed of to 7 directors on 5 February 2021. The total disposal amount was ¥88,620,000, and the transfer restriction period runs from 5 February 2021 through 4 February 2024. - FY2020AdvancedAnnual report
「Other (disposal of treasury shares under the restricted stock compensation plan) 5,000 4,620,000」
On 7 February 2020, 5,000 treasury shares were disposed of as restricted stock compensation. - FY2019AdvancedAnnual report
「Other (disposal of treasury shares under the restricted stock compensation plan) 10,000 8,200,000」
Under the restricted stock compensation plan, 10,000 treasury shares were disposed of for directors on 8 February 2019. - FY2018RestatedAnnual report
「Compensation for directors, excluding directors who are Audit and Supervisory Committee members, consists of fixed compensation, performance-linked compensation, and compensation subject to the achievement of performance indicators under the medium-term management plan and other conditions.」
The company continues its executive compensation plan subject to the achievement of performance indicators under the medium-term management plan and other conditions, including restricted stock compensation. - FY2018-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 12 January 2018, the company resolved to dispose of treasury shares as restricted stock compensation (the "Treasury Share Disposal" or the "Disposal"), and carried out the Treasury Share Disposal on 9 February 2018.」
As part of the implementation of the restricted stock compensation plan, 90,000 shares were disposed of to 6 directors on 9 February 2018. The transfer restriction period runs through 8 February 2021. - FY2017First statedAnnual report
「At the 70th Annual General Meeting of Shareholders held on 14 December 2017, a resolution was passed to introduce a new restricted stock compensation plan for directors other than outside directors and directors who are Audit and Supervisory Committee members, with the aim of providing incentives to enhance corporate value over the medium to long term and promoting greater value sharing with shareholders.」
A new restricted stock compensation plan subject to the achievement of performance indicators under the medium-term management plan and other conditions was introduced. The covered period is 3 fiscal years, and the total annual amount is limited to ¥150 million.