Employee Incentives Through Performance-Linked Paid Stock Options
First written in FY2024-Q3. 1 of 2 entries say "Advanced", first in FY2024. Latest entry: FY2024.
- FY2024AdvancedAnnual report
「We granted 421 stock acquisition rights, equivalent to 42,100 common shares, to 20 employees. These rights may be exercised thereafter only if revenue stated in the company’s consolidated income statement for the fiscal year ending August 2027 exceeds ¥10,000 million.」
The 18th series of performance-linked stock acquisition rights covers 20 employees and 42,100 shares, subject to revenue exceeding ¥10,000 million for the fiscal year ending August 2027. - FY2024-Q3First statedAnnual report
「To achieve medium- to long-term growth in our results and corporate value, we will issue paid stock acquisition rights to employees to further increase their motivation and morale and strengthen the company’s cohesion. If all of these stock acquisition rights are exercised, the total number of common shares issued would increase by an amount equivalent to 3.5% of total issued shares. The exercise period runs from 1 December 2027 through 4 August 2034, provided that if the final day is not a bank business day, it will be the preceding bank business day.」
Introduced a scheme granting 680 paid stock acquisition rights equivalent to 68,000 shares to 29 employees as an incentive for medium- to long-term growth and higher corporate value.