Introduction of a share-delivery trust for employees
First written in FY2024-Q2. 1 of 3 entries say "Restated". Latest entry: FY2025-H1.
31 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「Of the 963,000 shares held by The Custody Bank of Japan, Ltd. (Trust Account), 479,500 are the Company’s shares held as trust assets under the stock benefit trust.」
It states that 479,500 shares are held as trust assets under the stock compensation plans, including the employee stock delivery trust. Although this is an increase from the previously reported 135,100 shares, this filing does not provide a breakdown between shares for directors and employees. - FY2024-Q3RestatedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, the treasury shares had a carrying amount of ¥67 million and numbered 135,100 shares.」
The employee stock delivery trust continues to hold 135,100 shares with a carrying amount of ¥67 million. - FY2024-Q2First statedAnnual report
「The Company and certain subsidiaries (the “Plan-Eligible Companies”) have introduced an employee share-based compensation plan, the “Share Delivery Trust,” based on a resolution of the Board of Directors dated 14 November 2023. The plan is intended to provide incentives for employees to enhance the Group's corporate value over the medium to long term, expand employee benefits and encourage employee motivation through capital participation as shareholders, thereby promoting the Group's sustainable development.」
The Company introduced a share-delivery trust based on the Board resolution of 14 November 2023 to incentivize employees to enhance corporate value over the medium to long term, expand benefits and participate as shareholders. Points are awarded based on employees' contributions and results, and shares are delivered accordingly.