Sharing interests with shareholders through medium- to long-term performance-linked, company-stock compensation
First written in FY2018. 7 of 10 entries say "Advanced", first in FY2019. Latest entry: 2026-07-10.
The whole theme swung hardest in 2024: 3 of 31 companies on the "Worse" side.
5 other companies' latest entry also says "Achieved".
- FY2025AdvancedAnnual report
「Awards (shares) 9,300 Forfeitures (shares) － Vested (shares) 74,400 Unvested balance (shares) 9,300」
For the deferred-delivery stock-based compensation plan, the company disclosed that 9,300 shares were awarded during the fiscal year, 74,400 shares vested and 9,300 shares remained unvested. - FY2024AdvancedAnnual report
「Awards (shares) 13,700 Forfeitures (shares) － Vested (shares) 79,700 Unvested balance (shares) 13,700」
For the retirement-delivery stock-based compensation plan, the company disclosed that 13,700 shares were awarded under the 2023 deferred-delivery plan and that ¥20.458 million was recorded as stock-based compensation expense during the fiscal year. - FY2023AdvancedAnnual report
「This disclosure covers deferred-delivery arrangements under which unvested shares existed during the consolidated fiscal year ended March 2023, or under which shares that had vested but remained unissued existed at the end of the consolidated fiscal year ended March 2023.」
For the stock-based compensation plan, the company disclosed that 21,600 shares were awarded under the 2022 deferred-delivery plan and that ¥27.781 million was recorded as an expense during the fiscal year. - FY2022AdvancedAnnual report
「This disclosure covers deferred-delivery arrangements under which unvested shares existed during the consolidated fiscal year ended March 2022, or under which shares that had vested but remained unissued existed at the end of the consolidated fiscal year ended March 2022.」
For the stock-based compensation plan, the company disclosed that 93,300 shares were awarded during the fiscal year, 73,200 shares vested and 20,100 shares remained unvested. It also recorded ¥23.409 million in stock-based compensation expense. - FY2021RaisedAnnual report
「The amount of compensation related to restricted stock, recorded as an accounting expense, is capped at ¥75 million per fiscal year.」
The annual cap for the retirement-delivery stock-based compensation plan was raised from ¥50 million to ¥75 million, expanding the scope of the plan aimed at aligning long-term interests with shareholders. - FY2020AdvancedAnnual report
「Other (treasury shares disposed of as stock-based compensation) 3,600 shares 4」
The company reported that 3,600 treasury shares were disposed of as stock-based compensation during the fiscal year under the existing retirement-delivery stock-based compensation plan. - FY2019AdvancedAnnual report
「Under this stock-based compensation plan, the company awards points to eligible recipients at a specified time each year in accordance with its rules. When each eligible recipient retires as a director, the company delivers the number of shares calculated at a ratio of 1 share per point awarded. The amount of compensation related to restricted stock, recorded as an accounting expense, is capped at ¥50 million per fiscal year.」
The retirement-delivery stock-based compensation plan introduced by the company was operated as a full-year compensation plan, and ¥39.880 million was recorded as an expense provision for stock-based compensation during the fiscal year. The company also disclosed specific details of the plan, including awards of points equivalent to 30% of annual base compensation. - FY2018First statedAnnual report
「Under this stock-based compensation plan, the company awards points to eligible recipients at a specified time each year in accordance with its rules. When each eligible recipient retires as a director, the company delivers the number of shares calculated at a ratio of 1 share per point awarded. It is a retirement-delivery stock-based compensation plan (deferred-delivery restricted stock). The amount of compensation related to restricted stock, recorded as an accounting expense, is capped at ¥50 million per fiscal year.」
The company abolished its retirement allowance plan for directors and introduced company-stock compensation delivered upon retirement to promote share ownership by directors and align their long-term interests with those of shareholders. The plan also provides for points equivalent to 30% of annual base compensation, with an annual cap of 50,000 points.