Enhancing Incentives to Improve Corporate Value Through Stock-Based Compensation Stock Options
First written in FY2016. 3 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「For restricted stock-based remuneration, the amount recorded as an expense for the current fiscal year is stated for the 29,672 thousand yen (6,500 shares) granted to 5 eligible directors on 9 August 2023.」
For restricted stock-based remuneration, the company disclosed the grant of 6,500 shares worth ¥29.672 million to 5 eligible directors and the recognition of ¥9.890 million as an expense for the current fiscal year, providing specific details of the program's implementation. - FY2024-Q3AdvancedAnnual report
「Of the shares issued as of the filing date, 13,100 shares were issued through an in-kind contribution of monetary remuneration claims totaling ¥59.537 million when treasury shares were disposed of as restricted stock-based remuneration.」
The company disclosed the disposal of 13,100 treasury shares and the in-kind contribution of ¥59.537 million in monetary remuneration claims for restricted stock-based remuneration, providing specific details of the share-based remuneration program after the change in structure. - FY2021ReframedAnnual report
「Remuneration for directors other than Audit and Supervisory Committee members comprises 3 components: fixed basic remuneration in cash, bonuses in cash linked to short-term performance, and restricted stock-based remuneration as an incentive for the medium- to long-term enhancement of corporate value.」
The company formalized a 3-tier executive remuneration structure comprising fixed remuneration, short-term performance-linked bonuses and restricted stock-based remuneration, and also described review and deliberation by the Remuneration Advisory Committee. - FY2020AdvancedAnnual report
「Other (treasury shares disposed of as restricted stock-based remuneration) 6,600 23,951」
The company disposed of 6,600 treasury shares as restricted stock-based remuneration and recorded total disposal proceeds of ¥23.951 million. The share-based remuneration program was implemented after the change from the former scheme. - FY2018ReframedAnnual report
「The company had been authorized to issue, outside the above remuneration limit, stock acquisition rights as stock options for directors other than Audit and Supervisory Committee members and outside directors, up to an annual limit of ¥13.000 million. However, this program was discontinued at the annual general meeting of shareholders held on 28 June 2018. The meeting resolved to newly provide remuneration for the grant of restricted shares to directors other than Audit and Supervisory Committee members and outside directors, for the purpose of providing incentives for the sustainable enhancement of corporate value, linking the remuneration of those directors to share value, and promoting greater value sharing with shareholders. The amount provided as remuneration for the grant of restricted shares is limited to ¥30.000 million within the above remuneration limit.」
The company changed its program from the former stock option scheme to restricted stock-based remuneration designed to link remuneration to corporate and share value and promote value sharing with shareholders. - FY2017RestatedAnnual report
「The purpose is to increase directors' motivation to contribute to improved performance and corporate value over the medium to long term. Individual allocations to directors are resolved by the Board of Directors.」
The company reiterated its stock-based stock option program as a scheme linking directors' motivation to improved medium- to long-term performance and corporate value. - FY2016First statedAnnual report
「The purpose is to increase directors' motivation to contribute to improved performance and corporate value over the medium to long term. Individual allocations to directors are resolved by the Board of Directors.」
The company links stock-based stock options for directors to improved medium- to long-term performance and corporate value. The annual limit is ¥13.000 million and 55,000 shares.