Stock-Based Compensation (Tables)

12 Months Ended

Mar. 31, 2014

Summary of Information Related to Stock Acquisition Rights

A summary of the Company’s stock acquisition rights is as follows:


Years ended March 31,	Exercise period	Number of shares granted*		Exercise price *
Years ended March 31,	Exercise period	Number of shares granted*		Yen
2004	From June 26, 2005 to June 25, 2013		5,160,000	¥	700
2005	From June 24, 2006 to June 23, 2014		5,289,000		1,172
2006	From June 22, 2007 to June 21, 2015		4,774,000		1,891
2007	From June 21, 2008 to June 20, 2016		1,942,000		2,962
2008	From July 5, 2009 to June 22, 2017		1,449,800		3,101
2009	From July 18, 2010 to June 24, 2018		1,479,000		1,689

*	The number of shares and exercise price of the granted options were adjusted for the 10-for-1 stock split implemented on April 1, 2013.

Summary of Information about Stock Options Activity

The following table summarizes information about the activity of these stock options for the year ended 2014:


	Number of shares*2			Weighted average *exercise price12*		Weighted average remaining contractual life		Aggregate intrinsic value
	Number of shares*2			Yen		Years		Millions of yen

Outstanding at beginning of the year		9,051,000		¥	2,011
Exercised		(804,300	)		1,077
Forfeited or expired		(430,200	)		1,846

Outstanding at end of year		7,816,500			2,117		1.97	¥	327

Exercisable at end of year		7,816,500		¥	2,117		1.97	¥	327

*1	The exercise prices of the granted options were adjusted in July 2009 for the issuance of new 18 million shares.

*2	The number of shares and exercise price of the granted options were adjusted for the 10-for-1 stock split implemented on April 1, 2013.

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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