TOKYO, Mar 24 (Pulse News Wire) – Billing System Corporation (3623.T) announced today that its board of directors resolved to issue restricted shares as part of executive compensation. The issuance, scheduled for April 13, 2026, involves 6,663 ordinary shares per share price of ¥1,000, totaling ¥6,663,000.
The shares will be allocated to three executives who will contribute their total cash compensation bonds of ¥2,000,000 each as consideration. The purpose of this issuance is to enhance the motivation of executives towards sustainable enterprise value growth and align their interests with shareholders.
The restricted period will last until the executives lose their positions as directors, with conditions for lifting restrictions based on continued service during the stipulated term. Additionally, the company retains the right to acquire untransferred shares without payment upon expiration of the restriction period.
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