Encouraging Improved Performance Through Stock Options
First written in FY2017. 2 of 5 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2026.
- FY2026DroppedAnnual report
「Stock option program details: Not applicable.」
The company disclosed that it had no applicable stock option program. Meanwhile, the share delivery trust for directors and the restricted stock compensation program continue as separate programs. - FY2018AdvancedAnnual report
「Under this share-based compensation program, a trust established through the company’s contribution of funds acquires company shares, and shares equivalent to the number of points granted by the company to each director are delivered to the respective directors through the trust. In principle, directors receive the company’s shares when they retire. The initial term covered by the program is the 5-year period from the fiscal year ending March 2018 through the fiscal year ending March 2022.」
The company disclosed the details of the share delivery trust for directors introduced in August 2017, including share delivery through the trust, delivery upon retirement, and the 5-year covered period. - FY2018-Q3RestatedAnnual report
「In principle, directors receive the company’s shares when they retire. The initial term covered by the program is the 5-year period from the fiscal year ending March 2018 through the fiscal year ending March 2022.」
The company continues to disclose the details of the share-based compensation program for directors, including delivery upon retirement and a 5-year covered period. - FY2018-Q2AdvancedAnnual report
「Based on a resolution passed at the annual general meeting of shareholders held on 29 June 2017, the company introduced a share-based compensation program for its directors, excluding outside directors and directors serving as Audit and Supervisory Committee members, effective 24 August 2017.」
The company introduced the share-based compensation program on 24 August 2017 and moved the program into the implementation phase. - FY2017First statedAnnual report
「The company has established a stock option program for executive directors and employees, as well as directors and employees of its subsidiaries, to increase their motivation and morale to improve the performance of the group.」
Stock options for executive directors, employees, and officers and employees of subsidiaries are positioned as a measure to increase incentives to improve performance.