ASAHI INTELLIGENCE SERVICE CO.,LTD. [9799.T]
TOKYO, Jun 25 (Pulse News Wire) – Asahi Intelligence Service CO.,LTD. (9799.T) announced today that its board of directors approved a restricted share award program aimed at incentivizing executives and aligning their interests with shareholders.
Under the program, the company will distribute ordinary shares worth approximately ¥3.8 million on July 15, 2026, to three executive officers as part of a compensation package. Each share will be valued at ¥847. This initiative follows a resolution made during the company's board meeting held on May 1, 2025, which introduced a restricted stock incentive plan designed to enhance long-term corporate value and promote greater alignment between management and shareholders. The company received approval from its annual general meeting on June 24, 2025, to grant up to 80,000 restricted shares annually to eligible executives. The restricted shares awarded will come with vesting conditions tied to the executives' continued service until their retirement.
During this period, the recipients cannot sell, pledge, or otherwise dispose of the shares without the company’s consent. Upon retirement due to valid reasons recognized by the board, the restrictions will be lifted, allowing for unrestricted disposal of the shares. However, if the recipient leaves early or engages in misconduct, the company reserves the right to reclaim some or all of the shares. The shares will be managed through a dedicated account at a securities firm designated by the company, likely Nomura Securities Co., Ltd. In cases of significant organizational restructuring, such as mergers or spin-offs, the company retains the discretion to lift restrictions prematurely based on fair criteria established by the board.
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