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45Annual Report 2011Nikon CorporationFinancial Section
9. Stock Options
The stock options outstanding as of March 31, 2011 were as follows:
Stock Options
Persons
Granted
Number of
Options Granted
Date of
Grant
Exercise
Price Exercise Period
2001 Stock Options 9 directors 99,000 shares 2001.6.28 ¥1,321 From June 29, 2003
13 officers To June 28, 2011
2003 Stock Options 11 directors 203,000 shares 2003.6.27 ¥1,048 From June 28, 2005
11 officers To June 27, 2013
2004 Stock Options 12 directors 210,000 shares 2004.6.29 ¥1,225 From June 30, 2006
10 officers To June 29, 2014
2005 Stock Options 11 directors 178,000 shares 2005.6.29 ¥1,273 From June 30, 2007
10 officers To June 29, 2015
2007 Stock Options 12 directors 99,000 shares 2007.3.14 ¥2,902 From February 28, 2009
12 officers To February 27, 2017
2007 Stock Options 8 directors 26,100 shares 2007.8.27 ¥ 1 From August 28, 2007
15 officers To August 27, 2037
2008 Stock Options 8 directors 117,900 shares 2008.11.25 ¥ 1 From November 26, 2008
16 officers To November 25, 2038
2009 Stock Options 9 directors 68,100 shares 2009.8.10 ¥ 1 From August 11, 2009
15 officers To August 10, 2039
2010 Stock Options 10 directors 66,800 shares 2010.7.14 ¥ 1 From July 15, 2010
13 officers To July 14, 2040
(c) Treasury Stock and Treasury Stock Acquisition Rights
The Companies Act also provides for companies to purchase
treasury stock and dispose of such treasury stock by resolu-
tion of the Board of Directors. The amount of treasury stock
purchased cannot exceed the amount available for distribu-
tion to the shareholders which is determined by specific
formula.
Under the Companies Act, stock acquisition rights are
presented as a separate component of equity.
The Companies Act also provides that companies can pur-
chase both treasury stock acquisition rights and treasury
stock. Such treasury stock acquisition rights are presented
as a separate component of equity or deducted directly from
stock acquisition rights.