Source disclosure: February 24, 2026
CERES INC. [3696.T]
TOKYO, Feb 24 (Pulse News Wire) – Ceres Inc. (3696.T) announced today that its board of directors held a meeting, to review and amend its restricted stock compensation plan.
The changes aim to align executive incentives more closely with long-term corporate value enhancement and shareholder value creation through the inclusion of environmental, social, and governance (ESG) metrics such as the CDP Climate Change Score and EcoVadis evaluation. Under the revised plan, the total amount of monetary compensation bonds granted for restricted stock awards will be reduced to up to ¥50,000 shares annually and ¥300 million annually. Shareholders are expected to approve these amendments during the company's 21st Ordinary General Meeting scheduled for March 30, 2026.
The new system will take effect on March 31, 2026, contingent upon approval at the upcoming general meeting. The amended compensation structure will consider both financial performance indicators and non-financial ESG achievements to determine the number of stock grants and payment amounts. Specific distribution details will be determined after deliberation by the Nomination and Remuneration Advisory Committee and subsequent approval by the board of directors.
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