Source disclosure: February 12, 2026
BENEFIT JAPAN Co.,LTD. [3934.T]
TOKYO, Feb 12 (Pulse News Wire) – Benefit Japan CO.,LTD. (3934.T) resolved to issue paid stock options (subscription rights) at its board meeting held.
The issuance aims to enhance the motivation and cohesion among directors and employees towards long-term performance growth and corporate value enhancement. Under the plan, subscription rights totaling 605 units will be granted to 26 individuals, including 23 directors and employees and three executives of wholly-owned subsidiaries. Each subscription right entitles the holder to purchase 100 ordinary shares of the company. The exercise price will initially be set based on the closing price of the company's shares on February 10, 2026, but will adjust to the closing price on the exercise request date if certain performance targets are not met.
However, if the consolidated ordinary profit target of ¥1.700 billion for the fiscal year ending March 2027 is achieved, the exercise price will revert to the initial price. The total number of ordinary shares potentially issuable upon full exercise of the subscription rights would amount to approximately 1% of the outstanding share count as of January 31, 2026, which stood at 6,012,948 shares. The company believes this issuance aligns with existing shareholders' interests due to the stringent conditions tied to the exercise price. Subscription rights can be exercised from March 3, 2026, until February 28, 2031, subject to various restrictions such as continued employment status and non-compete clauses.
Additionally, the company reserves the right to acquire unexercised subscription rights without compensation under certain circumstances, including organizational restructuring events.
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