Performance- and Share Price-Linked Executive Stock Compensation Scheme
First written in FY2019. 10 of 12 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2020: 4 of 30 companies on the "Worse" side.
32 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Shares of the Company remaining in the trust are recorded as treasury shares under net assets at their carrying value in the trust, excluding incidental costs. The carrying value and number of these treasury shares were ¥123 million and 419,500 shares in the previous consolidated fiscal year, and ¥108.251 million and 369,200 shares in the current consolidated fiscal year, respectively.」
As the share-based compensation plan for directors and executive officers continued, shares remaining in the trust decreased from 419,500 to 369,200. - 2026-05-15RestatedEarnings
「Under this system, shares of the company will be granted to directors who remain in office during the 5-year period from 27 June 2024 through the conclusion of the annual general meeting of shareholders scheduled for June 2029.」
The company reconfirms the continuation of the stock-based compensation system for officers through June 2029. The number of treasury shares remaining in the trust is 369,200. - FY2026-H1AdvancedAnnual report
「Shares of the Company remaining in the trust are recorded as treasury shares under net assets at their carrying value in the trust, excluding incidental costs. The carrying value and number of these treasury shares were ¥123 million and 419,500 shares in the previous consolidated fiscal year, and ¥108.251 million and 369,200 shares in the current interim consolidated accounting period, respectively.」
As the share-based compensation plan continued to operate from June 2024 through June 2029, shares remaining in the trust decreased from 419,500 to 369,200. - FY2025AdvancedAnnual report
「The purpose of this plan is to clarify the linkage between directors' compensation and the Company's performance and share value, and to raise directors' awareness of their role in contributing to improved performance over the medium to long term and increased corporate value by sharing with shareholders the benefits and risks arising from share-price fluctuations. In addition, under this plan, as the trust period is extended, shares of the Company will be granted to Company directors serving at any time during the 5-year period from 28 June 2024 through the conclusion of the ordinary general meeting of shareholders scheduled for June 2029.」
The share-based compensation plan for directors and executive officers was extended for 5 years through June 2029, and shares remaining in the trust totaled 419,500 at the end of the fiscal year. - FY2025-H1AdvancedAnnual report
「Under this system, shares of the company will be granted to directors who remain in office during the 5-year period from 27 June 2024 through the conclusion of the annual general meeting of shareholders scheduled for June 2029.」
The share-based compensation plan for directors and executive officers specifies a new 5-year grant period from 27 June 2024 through the conclusion of the ordinary general meeting of shareholders scheduled for June 2029. Shares remaining in the trust increased from 401,900 to 419,500. - FY2024-Q2AdvancedAnnual report
「The company records the 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 ¥137,190 thousand and 457,300 shares at the end of the previous consolidated fiscal year, and ¥120,570 thousand and 401,900 shares during the second quarter of the current consolidated fiscal year.」
While continuing to operate the share-based compensation plan for directors, the number of shares remaining in the trust declined from 457,300 to 401,900, and the carrying amount also declined. - FY2023-Q3AdvancedAnnual report
「The company records the 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 ¥153,600 thousand and 512,000 shares at the end of the previous consolidated fiscal year, and ¥137,190 thousand and 457,300 shares during the third quarter of the current consolidated fiscal year.」
While continuing to operate the share-based compensation plan for directors, the number of shares remaining in the trust declined from 512,000 to 457,300, and the carrying amount also declined from ¥153,600 thousand to ¥137,190 thousand. - FY2022AdvancedAnnual report
「The company has introduced a share-based compensation plan using a trust for its directors, excluding outside directors, with the aim of heightening their awareness of contributing to improved medium- to long-term performance and increased corporate value.」
While continuing to operate the share-based compensation plan, the company disclosed the disposal of 18,000 treasury shares to the share-delivery trust for directors, 512,000 shares remaining in the trust, and share-based compensation of ¥23,624 thousand during the fiscal year. - FY2021AdvancedAnnual report
「Compensation for inside directors is determined by the compensation committee after considering the achievement of management targets and the salary levels of company employees, and is paid as fixed compensation and share-based compensation. The ratio of fixed compensation to share-based compensation is approximately 9:1.」
In addition to operating the share-based compensation plan, the company has explicitly stated its policy of setting the ratio of fixed compensation to share-based compensation for inside directors at approximately 9:1. - FY2020-Q2AdvancedAnnual report
「Beginning in the second quarter of the current fiscal year, the company introduced a share-based compensation plan using a trust for its directors, excluding outside directors, with the aim of heightening their awareness of contributing to improved medium- to long-term performance and increased corporate value.」
The company introduced the share-based compensation plan for directors beginning in the second quarter of the current fiscal year and recorded 530,000 shares held by the trust and a carrying amount of ¥159,000,000. - FY2020-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 30 July 2019, the company resolved to dispose of treasury shares as share-based compensation. The disposal date was 19 August 2019, the number of shares to be disposed of was 530,000 common shares, and the total disposal amount was ¥159,000,000.」
For the share-based compensation plan approved for introduction in June 2019, the company resolved to dispose of 530,000 treasury shares for ¥159,000,000, representing progress toward implementing the plan. - FY2019First statedAnnual report
「The purpose of this plan is to clarify the linkage between directors’ compensation and the company’s performance and share value, and to encourage directors to share with shareholders the benefits and risks arising from share-price movements, thereby strengthening their awareness of contributing to improved medium- to long-term performance and increased corporate value.」
At the shareholders’ meeting in June 2019, the company approved the introduction of a share-based compensation plan for directors using a trust. The trust period was scheduled to run from August 2019 to August 2024, with an annual limit of 139,000 shares.