Enhancing Corporate Value over the Medium to Long Term through a Trust-Based Employee Shareholding Incentive Plan
First written in FY2019-Q2. 24 of 29 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2027-H1.
22 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥503 million and 560,000 shares, respectively, at the end of the previous consolidated fiscal year, and ¥428 million and 476,000 shares, respectively, as of the end of the current interim consolidated accounting period.」
For the E-Ship plan launched in March 2024, the shares remaining in the trust decreased from 560,000 to 476,000, and their carrying amount decreased from ¥503 million to ¥428 million as the plan progressed. - FY2026AdvancedAnnual report
「The carrying amount and number of these shares were ¥662 million and 737,200 shares at the end of the previous consolidated fiscal year, and ¥503 million and 560,000 shares at the end of the current consolidated fiscal year.」
For the E-Ship plan launched in March 2024, the shares remaining in the trust decreased from 737,200 to 560,000, and their carrying amount decreased from ¥662 million to ¥503 million as the plan progressed. - 2026-03-17AdvancedRevision to earnings forecasts
「The carrying amount and number of these shares were ¥662 million and 737,200 shares at the end of the previous consolidated fiscal year, and ¥503 million and 560,000 shares at the end of the current consolidated fiscal year.」
The number and carrying amount of the remaining shares held by the employee shareholding trust declined from the previous fiscal year-end, indicating progress in its operation. - FY2026-H1AdvancedAnnual report
「The Company operates the “Trust-Based Employee Share Ownership Incentive Plan (E-Ship®),” under which the Company delivers its shares to the Employee Shareholding Association through a trust, with the aim of providing employees with incentives to enhance the Company’s corporate value over the medium to long term. From March 2024, the Employee Shareholding Trust will acquire the number of the Company’s shares expected to be acquired by the Shareholding Association over a period of 5 years and sell them to the Shareholding Association. ... The carrying amount and number of these treasury shares were ¥662 million and 737,200 shares, respectively, at the end of the previous consolidated fiscal year, and ¥578 million and 642,800 shares, respectively, as of the end of the current interim consolidated accounting period.」
For the E-Ship plan launched in March 2024, the shares remaining in the trust decreased from 737,200 to 642,800, and their carrying amount decreased from ¥662 million to ¥578 million as the plan progressed. - FY2025AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥662.977 million and 737,200 shares, respectively, at the end of the current consolidated fiscal year.」
For the E-Ship plan launched in March 2024, the shares remaining in the trust decreased from 844,000 at the end of the interim period to 737,200, and their carrying amount decreased from ¥759.025 million to ¥662.977 million as the plan progressed. - FY2025-H1AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥759.025 million and 844,000 shares, respectively, as of the end of the current interim consolidated accounting period.」
For the new E-Ship plan launched in March 2024, the shares remaining in the trust decreased from 914,500 at the end of the first quarter to 844,000, and their carrying amount decreased from ¥822.427 million to ¥759.025 million as the plan progressed. - FY2025-Q1AdvancedAnnual report
「The Company will establish an Employee Shareholding Trust for which all employees who belong to the Shareholding Association will be beneficiaries. From March 2024, the Employee Shareholding Trust will acquire the number of the Company’s shares expected to be acquired by the Shareholding Association over a period of 5 years and sell them to the Shareholding Association. The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥822.427 million and 914,500 shares, respectively, as of the end of the first quarter of the current consolidated fiscal year.」
For the new E-Ship plan launched in March 2024, the trust began acquiring shares and selling them to the Shareholding Association. At the end of the quarter, 914,500 shares remained, with a carrying amount of ¥822.427 million and borrowings of ¥827 million. - FY2024ReframedAnnual report
「The Company introduced the “Trust-Based Employee Share Ownership Incentive Plan (E-Ship®)” to provide employees with incentives to enhance the Company’s corporate value over the medium to long term, and from September 2021 conducted transactions to deliver the Company’s shares to the Employee Shareholding Association through the Tanseisha Employee Shareholding Association Exclusive Trust Account (the “Employee Shareholding Trust”). The trust ended in January 2024.」
The E-Ship plan reintroduced in September 2021 ended in January 2024. Meanwhile, at a meeting of the Board of Directors held on 26 January 2024, the introduction of a new E-Ship plan with a 5-year trust period was approved, transitioning the scheme to its next period. - FY2024-Q3AdvancedAnnual report
「The Company will establish an Employee Shareholding Trust for which all employees who belong to the Shareholding Association will be beneficiaries. From September 2021, the Employee Shareholding Trust will acquire the number of the Company’s shares expected to be acquired by the Shareholding Association over a period of 2 years and 5 months and sell them to the Shareholding Association. The carrying amount and number of the Company’s shares remaining in the trust were ¥166.172 million and 184,700 shares, respectively, at the end of the previous consolidated fiscal year, and ¥53.891 million and 59,900 shares, respectively, as of the end of the third quarter of the current consolidated fiscal year.」
The shares remaining in the E-Ship trust decreased from 184,700 to 59,900, and their carrying amount decreased from ¥166.172 million to ¥53.891 million as the plan progressed. - FY2024-Q2AdvancedAnnual report
「The Company operates the “Trust-Based Employee Share Ownership Incentive Plan (E-Ship®),” under which the Company delivers its shares to the Employee Shareholding Association through a trust, with the aim of providing employees with incentives to enhance the Company’s corporate value over the medium to long term. The carrying amount and number of these treasury shares were ¥166.172 million and 184,700 shares, respectively, at the end of the previous consolidated fiscal year, and ¥76.383 million and 84,900 shares, respectively, as of the end of the second quarter of the current consolidated fiscal year.」
The shares remaining in the trust under the reintroduced E-Ship plan decreased from 184,700 to 84,900, and their carrying amount decreased from ¥166.172 million to ¥76.383 million as the plan progressed. - FY2024-Q1AdvancedAnnual report
「The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥166.172 million and 184,700 shares, respectively, at the end of the previous consolidated fiscal year, and ¥140.621 million and 156,300 shares, respectively, as of the end of the first quarter of the current consolidated fiscal year.」
The shares remaining in the trust under the reintroduced E-Ship plan decreased from 184,700 to 156,300, and their carrying amount decreased from ¥166.172 million to ¥140.621 million as the plan progressed through the sale of shares to the Shareholding Association. - FY2023AdvancedAnnual report
「The carrying amount and number of the Company’s shares remaining in the trust were ¥348.899 million and 387,800 shares, respectively, at the end of the previous consolidated fiscal year, and ¥166.172 million and 184,700 shares, respectively, at the end of the current consolidated fiscal year.」
The shares remaining in the trust under the reintroduced E-Ship plan decreased from 387,800 to 184,700, and their carrying amount decreased from ¥348.89 million to ¥166.17 million as the plan progressed. - FY2023-Q3AdvancedAnnual report
「The Company operates the “Trust-Based Employee Share Ownership Incentive Plan (E-Ship®),” under which the Company delivers its shares to the Employee Shareholding Association through a trust, with the aim of providing employees with incentives to enhance the Company’s corporate value over the medium to long term. The carrying amount and number of the Company’s shares remaining in the trust were ¥348.899 million and 387,800 shares, respectively, at the end of the previous consolidated fiscal year, and ¥234.638 million and 260,800 shares, respectively, as of the end of the third quarter of the current consolidated fiscal year.」
The shares remaining in the trust under the reintroduced E-Ship plan decreased from 387,800 to 260,800, and their carrying amount decreased from ¥348.899 million to ¥234.638 million as the plan progressed. - FY2023-Q2AdvancedAnnual report
「The Company will establish an Employee Shareholding Trust for which all employees who belong to the Shareholding Association will be beneficiaries. From September 2021, the Employee Shareholding Trust will acquire the number of the Company’s shares expected to be acquired by the Shareholding Association over a period of 2 years and 5 months and sell them to the Shareholding Association. The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥348.899 million and 387,800 shares, respectively, at the end of the previous consolidated fiscal year, and ¥259.919 million and 288,900 shares, respectively, as of the end of the second quarter of the current consolidated fiscal year.」
Under the reintroduced E-Ship plan, the shares remaining in the trust decreased from 387,800 to 288,900, and their carrying amount decreased from ¥348.899 million to ¥259.919 million as the plan progressed. - FY2023-Q1AdvancedAnnual report
「The Company operates the “Trust-Based Employee Share Ownership Incentive Plan (E-Ship®),” under which the Company delivers its shares to the Employee Shareholding Association through a trust, with the aim of providing employees with incentives to enhance the Company’s corporate value over the medium to long term. The carrying amount and number of the Company’s shares remaining in the trust were ¥348.899 million and 387,800 shares, respectively, at the end of the previous consolidated fiscal year, and ¥322.358 million and 358,300 shares, respectively, as of the end of the first quarter of the current consolidated fiscal year.」
The shares remaining in the trust under the reintroduced E-Ship plan decreased from 387,800 to 358,300, and their carrying amount decreased from ¥348.899 million to ¥322.358 million as the plan progressed. - FY2022AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥348.899 million and 387,800 shares, respectively, at the end of the current consolidated fiscal year.」
The operating status of the employee share ownership incentive plan reintroduced in September 2021 was reported, with 387,800 trust shares, a carrying amount of ¥348.899 million and borrowings of ¥355.620 million. - FY2022-Q3ReframedAnnual report
「The Company operates the “Trust-Based Employee Share Ownership Incentive Plan (E-Ship®),” under which the Company delivers its shares to the Employee Shareholding Association through a trust, with the aim of providing employees with incentives to enhance the Company’s corporate value over the medium to long term.」
For the employee shareholding trust that ended in November 2020, a new E-Ship plan was reintroduced in September 2021. Under the scheme, the trust purchases shares and sells them to the Shareholding Association over a period of 2 years and 5 months. At the end of the third quarter of the current fiscal year, 455,400 shares remained, with a carrying amount of ¥409.718 million and borrowings of ¥412 million. - FY2022-Q2AdvancedAnnual report
「The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥547.382 million and 433,800 shares, respectively, at the end of the previous consolidated fiscal year, and ¥407.344 million and 322,952 shares, respectively, as of the end of the second quarter of the current consolidated fiscal year.」
The number of shares held by the executive compensation BIP trust decreased from 433,800 at the end of the previous consolidated fiscal year to 322,952, and their carrying amount decreased from ¥547.382 million to ¥407.344 million. - FY2022-Q1RestatedAnnual report
「The Employee Shareholding Trust ended in November 2020.」
The explanation that the trust-based employee share ownership incentive plan ended in November 2020 was reconfirmed in the key indicators and per-share information for the first quarter of the current fiscal year. - FY2021AchievedAnnual report
「The Company conducted transactions to deliver its shares to the Employee Shareholding Association through the Tanseisha Employee Shareholding Association Exclusive Trust Account from September 2018, but the trust ended in November 2020.」
The trust-based employee share ownership incentive plan ended in November 2020. - FY2021-Q3AdvancedAnnual report
「The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥158.025 million and 135,900 shares, respectively, at the end of the previous consolidated fiscal year, and ¥697 thousand and 600 shares, respectively, as of the end of the third quarter of the current consolidated fiscal year.」
The shares remaining in the Employee Shareholding Trust decreased from 135,900 at the end of the previous consolidated fiscal year to 600, and their carrying amount decreased from ¥158.025 million to ¥697 thousand, marking substantial progress in the plan’s operation. - FY2021-Q2AdvancedAnnual report
「The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥158.025 million and 135,900 shares, respectively, at the end of the previous consolidated fiscal year, and ¥36.279 million and 31,200 shares, respectively, as of the end of the second quarter of the current consolidated fiscal year.」
The shares remaining in the Employee Shareholding Trust decreased from 135,900 at the end of the previous consolidated fiscal year to 31,200, and their carrying amount decreased from ¥158.025 million to ¥36.279 million as the plan progressed. - FY2021-Q1AdvancedAnnual report
「The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥158.025 million and 135,900 shares, respectively, at the end of the previous consolidated fiscal year, and ¥132.676 million and 114,100 shares, respectively, as of the end of the first quarter of the current consolidated fiscal year.」
The shares remaining in the Employee Shareholding Trust decreased from 135,900 to 114,100, and their carrying amount decreased from ¥158.025 million to ¥132.676 million as the plan progressed. - FY2020AdvancedAnnual report
「The carrying amount and number of the Company’s shares remaining in the trust were ¥304.771 million and 262,100 shares, respectively, at the end of the previous consolidated fiscal year, and ¥158.025 million and 135,900 shares, respectively, at the end of the current consolidated fiscal year.」
The shares remaining in the Employee Shareholding Trust decreased from 262,100 to 135,900, and their carrying amount decreased from ¥304.771 million to ¥158.025 million as the plan progressed. - FY2020-Q3AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥304.771 million and 262,100 shares, respectively, at the end of the previous consolidated fiscal year, and ¥213.258 million and 183,400 shares, respectively, as of the end of the third quarter of the current consolidated fiscal year.」
The shares remaining in the Employee Shareholding Trust decreased from 262,100 to 183,400, and their carrying amount decreased from ¥304.771 million to ¥213.258 million, updating the progress of the plan’s operation. - FY2020-Q2AdvancedAnnual report
「The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥304.771 million and 262,100 shares, respectively, at the end of the previous consolidated fiscal year, and ¥231.863 million and 199,400 shares, respectively, as of the end of the second quarter of the current consolidated fiscal year.」
The shares remaining in the Employee Shareholding Trust decreased from 262,100 to 199,400, and their carrying amount decreased from ¥304.771 million to ¥231.863 million, updating the progress of the plan’s operation. - FY2020-Q1AdvancedAnnual report
「The carrying amount and number of these treasury shares were ¥304.771 million and 262,100 shares, respectively, at the end of the previous consolidated fiscal year, and ¥286.980 million and 246,800 shares, respectively, as of the end of the first quarter of the current consolidated fiscal year.」
The shares remaining in the Employee Shareholding Trust decreased from 262,100 to 246,800, and their carrying amount decreased from ¥304.771 million to ¥286.980 million, updating the progress of the plan’s operation. - FY2019-Q3AdvancedAnnual report
「The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares were ¥355.935 million and 306 thousand shares, respectively, as of the end of the third quarter of the current consolidated fiscal year.」
The trust-based employee share ownership incentive plan progressed, with 306 thousand shares held by the Employee Shareholding Trust and a carrying amount of ¥355.935 million recorded. - FY2019-Q2First statedAnnual report
「This plan is an incentive plan for all employees who belong to the Tanseisha Employee Shareholding Association (the “Shareholding Association”). Under the plan, the Company establishes the Tanseisha Employee Shareholding Association Exclusive Trust (the “Employee Shareholding Trust”) with a trust bank. The Employee Shareholding Trust purchases in advance the number of the Company’s shares expected to be acquired by the Shareholding Association over the 2 years and 6 months following its establishment.」
The details were approved at a meeting of the Board of Directors held on 7 September 2018. Under the scheme, an exclusive trust purchases shares and continuously sells them to the Shareholding Association for all employees, with the aim of providing incentives to enhance corporate value over the medium to long term and supporting employees’ asset building. The total purchase price of the shares was ¥358 million, and the trust period was from 7 September 2018 to 5 March 2021.