Introducing a restricted stock compensation plan
First written in FY2018. 8 of 12 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-06-26.
- FY2026AdvancedAnnual report
「Following this, at a meeting of the Board of Directors held on 22 May 2025, the company resolved to dispose of treasury shares as restricted stock compensation and, on 20 June of the same year, disposed of 7,100 treasury shares for 3 directors, excluding directors who are Audit and Supervisory Committee members and outside directors.」
For restricted stock compensation, the disposal of 7,100 treasury shares for 3 directors during the fiscal year is reported. - FY2025AdvancedAnnual report
「Following this, at a meeting of the Board of Directors held on 23 May 2024, the company resolved to dispose of treasury shares as restricted stock compensation and, on 21 June of the same year, disposed of 12,600 treasury shares for 3 directors, excluding directors who are Audit and Supervisory Committee members and outside directors.」
For restricted stock compensation, the disposal of 12,600 shares for 3 directors in June 2024 is reported. - FY2024AdvancedAnnual report
「Following this, at a meeting of the Board of Directors held on 25 May 2023, the company resolved to dispose of treasury shares as restricted stock compensation and, on 23 June of the same year, disposed of 4,500 treasury shares for 3 directors, excluding directors who are Audit and Supervisory Committee members and outside directors.」
For restricted stock compensation, the disposal of 4,500 shares for 3 directors during the fiscal year is reported. - FY2023AdvancedAnnual report
「Following this, at a meeting of the Board of Directors held on 26 May 2022, the company resolved to dispose of treasury shares as restricted stock compensation and, on 24 June of the same year, disposed of 6,900 treasury shares for 3 directors, excluding directors who are Audit and Supervisory Committee members.」
Under the restricted stock compensation scheme, 6,900 treasury shares were disposed of for 3 directors. - FY2022AdvancedAnnual report
「Following this, at a meeting of the Board of Directors held on 27 May 2021, the company resolved to dispose of treasury shares as restricted stock compensation and, on 25 June of the same year, disposed of 4,500 treasury shares for 5 directors, excluding directors who are Audit and Supervisory Committee members.」
Under the restricted stock compensation scheme, 4,500 treasury shares were disposed of for 5 directors on 25 June 2021. - FY2021AdvancedAnnual report
「Separately from the compensation limit described above, a compensation limit of up to ¥200 million per year has been approved for monetary compensation claims to be paid to directors and executive officers for the grant of restricted stock. In addition, at the 63rd Annual General Meeting of Shareholders held on 27 May 2021, the total number of common shares newly issued or disposed of by the company was approved at no more than 60,000 shares per year.」
For restricted stock compensation, the annual limit of up to ¥200 million covering executive officers in addition to directors remains in place, and an annual issuance and disposal limit of 60,000 shares was also approved. During the fiscal year, 28,700 treasury shares were disposed of. - FY2020RaisedAnnual report
「For the purpose of promoting greater value sharing with shareholders and heightening awareness of contributions to increasing corporate value by clarifying the linkage between compensation resulting from changes in the share price and share value, payments will be made to the company's directors, excluding directors who are Audit and Supervisory Committee members, and executive officers, pursuant to a resolution of the Board of Directors and within the compensation limit approved at the annual general meeting of shareholders held on 28 May 2020, of up to ¥200 million per year.」
The scope of restricted stock compensation was expanded from directors to executive officers, with payments to be made within the annual compensation limit of up to ¥200 million approved on 28 May 2020. - FY2020-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 7 June 2019, the company resolved to dispose of treasury shares as restricted stock compensation for directors, excluding directors who are Audit and Supervisory Committee members, and carried out the disposal as described below. Type and number of shares to be disposed of: 17,600 common shares of the company.」
For restricted stock compensation, treasury shares were disposed of by allocating 17,600 common shares to 9 directors pursuant to the Board of Directors' resolution of 7 June 2019. - FY2019-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 24 May 2018, the company resolved to dispose of treasury shares as restricted stock compensation for directors, excluding directors who are Audit and Supervisory Committee members, and carried out the disposal as described below.」
Under the restricted stock compensation scheme, treasury shares were disposed of by allocating 15,700 common shares to 10 directors. The disposal date was 20 June 2018. - FY2018First statedAnnual report
「This compensation scheme is being introduced to provide directors, excluding directors who are Audit and Supervisory Committee members, with restricted stock as compensation. Its purpose is to promote greater sharing of value with shareholders by clarifying the linkage between compensation resulting from changes in the share price and share value, while heightening directors' awareness of their contribution to increasing corporate value. Based on a resolution of the Board of Directors, the company will provide directors, excluding directors who are Audit and Supervisory Committee members, with monetary compensation claims of up to ¥70 million per year as compensation for restricted stock. The relevant directors may not transfer, create security interests over, or otherwise dispose of the allocated shares for 10 years from the payment date.」
A restricted stock compensation scheme for directors was introduced to promote value sharing with shareholders and awareness of contributions to enhancing corporate value. The compensation limit is ¥70 million per year, and the transfer restriction period is 10 years.