Fujitsu 2011 Annual Report Download - page 132

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21. Share-based Payment Plans
1. Account and amount of stock options charged as expenses for the year ended March 31, 2011
Cost of sales ¥ 6 million $ 72 thousand
Selling, general and administrative expenses 15 181
The above charges were related to stock options granted by the Company’s consolidated subsidiary, Fujitsu Frontech Limited. Since
the year ended March 31, 2007, “Accounting Standard for Share-based Payment” (Accounting Standards Board of Japan, Statement No.
8) and “Implementation Guidance on Accounting Standard for Share-based Payment” (Accounting Standards Board of Japan, Guidance
No. 11) have been applied in Japan, which require that stock options granted on and after May 1, 2006, or the enforcement date of the
Japanese Corporate Law, should be charged as expenses. The stock options, which the Company granted before the enforcement date of
Japanese Corporate Law, were not charged as expenses because their conditions have not changed.
2. Description and changes in the size of stock options
(1) the Company
(i) Resolution at shareholders’ meeting on June 29, 2000
Position and number of people entitled to stock options 32 members of the Board of Directors
15 executives with director-level responsibilities
Number of shares for stock options 1,305,000 shares of common stock
Date granted August 1, 2000
Conditions to be vested Not specified
Corresponding service period Not specified
Exercisable period From August 1, 2000 to June 29, 2010
Shares
Years ended March 31 2010 2011
Outstanding at beginning of year 275,000 200,000
Granted during the year — —
Forfeited during the year 75,000 200,000
Exercised during the year — —
Outstanding at end of year 200,000 —
Exercisable at end of year 200,000 —
Yen U.S. Dollars
Years ended March 31 2010 2011 2011
Exercised price ¥3,563 ¥3,563 $42.93
(ii) Resolution at shareholders’ meeting on June 26, 2001
Position and number of people entitled to stock options 32 members of the Board of Directors
18 executives with director-level responsibilities
Number of shares for stock options 1,360,000 shares of common stock
Date granted August 1, 2001
Conditions to be vested Not specified
Corresponding service period Not specified
Exercisable period From August 1, 2001 to June 26, 2011
Shares
Years ended March 31 2010 2011
Outstanding at beginning of year 385,000 310,000
Granted during the year — —
Forfeited during the year 75,000 90,000
Exercised during the year — —
Outstanding at end of year 310,000 220,000
Exercisable at end of year 310,000 220,000
130 FUJITSU LIMITED ANNUAL REPORT 2011
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS