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OLYMPUS 2011 49
expense (or income) in equal amounts over mainly five years in fiscal 2011 and 2010, and actuarial gains (or losses) were recognized as
income (or expense) in equal amounts over mainly five years in fiscal 2011 and 2010.
12. STOCK OPTION PLANS
A summary of information regarding the consolidated subsidiaries stock option plans for the year ended March 31, 2011 was as follows:
ITX Corporation Other consolidated subsidiaries
Qualified beneficiaries ............................................................................ 5 directors
1 corporate auditor
91 employees
6 directors of subsidiaries of
ITX Corporation
19 directors
4 corporate auditors
273 employees
3 directors of subsidiaries
8 employees of subsidiaries
2 external coagents
Class and number of shares of common stock for which new
subscription rights were offered .............................................................
Common stock
5,795
Common stock
12,343
Date of rights granted ............................................................................. From October 6, 2005
to April 28, 2006
From July 22, 2005
to September 1, 2008
Period of exercise of rights ...................................................................... From June 24, 2007
to June 23, 2010
From June 30, 2007
to August 22, 2018
Number of options before vested
March 31, 2010 ..................................................................................... —591
Granted ................................................................................................. — —
Lapsed .................................................................................................. — —
Vested .................................................................................................. —591
March 31, 2011 ..................................................................................... — —
Number of options vested
March 31, 2010 ..................................................................................... 3,485 9,792
Vested .................................................................................................. —591
Exercised .............................................................................................. — —
Lapsed .................................................................................................. 3,485 2,452
March 31, 2011 ..................................................................................... —7,931
For stock options exercised during the year:
Exercise price (yen) ............................................................................... ¥— ¥—
Average price of common stock at the date of exercise (yen) ................. ¥— ¥—
For stock options outstanding at the end of the year:
Exercise price (yen) ............................................................................... ¥— ¥29,252
No stock options were exercised during the year ended March 31, 2011.
The total intrinsic value of the stock options was nil at the year ended March 31, 2011.
A summary of information regarding the consolidated subsidiaries stock option plans for the year ended March 31, 2010 was as follows:
ITX Corporation Other consolidated subsidiaries
Qualified beneficiaries ............................................................................ 5 directors
1 corporate auditor
91 employees
6 directors of subsidiaries of
ITX Corporation
19 directors
4 corporate auditors
273 employees
3 directors of subsidiaries
8 employees of subsidiaries
2 external coagents
Class and number of shares of common stock for which new
subscription rights were offered .............................................................
Common stock
5,795
Common stock
12,343
Date of rights granted ............................................................................. From October 6, 2005
to April 28, 2006
From July 22, 2005
to September 1, 2008
Period of exercise of rights ...................................................................... From June 24, 2007
to June 23, 2010
From June 30, 2007
to August 22, 2018
Number of options before vested
March 31, 2009 ..................................................................................... —2,211
Granted ................................................................................................. — —
Lapsed .................................................................................................. — —
Vested .................................................................................................. —1,620
March 31, 2010 ..................................................................................... —591
Number of options vested
March 31, 2009 ..................................................................................... 3,730 8,558
Vested .................................................................................................. —1,620
Exercised .............................................................................................. — —
Lapsed .................................................................................................. 245 386
March 31, 2010 ..................................................................................... 3,485 9,792
For stock options exercised during the year:
Exercise price (yen) ............................................................................... ¥ — ¥ —
Average price of common stock at the date of exercise (yen) ................. ¥ — ¥ —
For stock options outstanding at the end of the year:
Exercise price (yen) ............................................................................... ¥268,257 ¥56,159
No stock options were exercised during the year ended March 31, 2010.
The total intrinsic value of the stock options was nil at the year ended March 31, 2010.