Introduction of an Equity Compensation Plan for Directors
First written in FY2021. 3 of 7 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「November 2021 to the end of November 2027 (maximum ¥144 million)」
For the stock benefit trust for directors, the trust period is stated as running through the end of November 2027, with a maximum total value of shares scheduled for delivery of ¥144 million. - 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.」
The filing states that the stock benefit trust, including the director stock compensation plan, holds 479,500 shares as trust assets. Although this is an increase from the previously reported 148,500 shares, this filing does not provide a breakdown between shares for officers and employees. - FY2024-Q3RestatedAnnual report
「At the end of the previous consolidated fiscal year, the carrying amount of these treasury shares was ¥104 million and the number of shares was 148,500. At the end of the third quarter of the current consolidated fiscal year, the carrying amount was ¥104 million and the number of shares was 148,500.」
The Company continues to hold 148,500 shares in the stock benefit trust for directors, with a carrying amount of ¥104 million. - FY2024-Q2RestatedAnnual report
「At the end of the previous consolidated fiscal year, the carrying amount of these treasury shares was ¥104 million and the number of shares was 148,500. At the end of the second quarter of the current consolidated fiscal year, the carrying amount was ¥104 million and the number of shares was 148,500.」
The Company continues to report that the shares held in trust under the director stock compensation plan have a carrying amount of ¥104 million and number 148,500 shares. - FY2023-Q1RestatedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, the carrying amount of these treasury shares was ¥104 million and the number of shares was 148,500.」
The Company continues to report that the shares held in trust under the director stock compensation plan have a carrying amount of ¥104 million and number 148,500 shares. - FY2022-Q2AdvancedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, the carrying amount of these treasury shares was ¥104 million and the number of shares was 148,500.」
The Company has introduced a stock benefit trust for the director compensation plan and records the 148,500 shares held by the trust at the end of the quarter, with a carrying amount of ¥104 million, as treasury shares. - FY2021First statedAnnual report
「At the annual general meeting of shareholders held on 28 September 2021, shareholders approved the introduction of a share-based compensation plan under which the Company acquires its shares in the exchange market and delivers them to directors, excluding outside directors, upon retirement, subject to an annual limit of ¥48 million and a limit of 80,000 shares.」
At the Annual General Meeting of Shareholders, the Company approved the introduction of a system under which shares are delivered upon retirement to directors other than outside directors, subject to an annual limit of ¥48 million and 80,000 shares. No shares were delivered during the current consolidated fiscal year.