TOKYO, Apr 14 (Pulse News Wire) – EBARA CORPORATION (6361.T) announced today that its board of directors has approved the issuance of shares as part of its performance-based stock compensation plan. The distribution of shares will take place on May 13, 2026, involving ordinary shares totaling 298,000.
Each share will be priced at ¥5,087 per share, resulting in a total value of ¥1.516 billion. The shares will be distributed among one director, 17 executive officers, 26 employees with certain positions, eight subsidiary directors, and two subsidiary employees who held their respective roles during the evaluation period from January 1, 2023, to December 31, 2025. In addition, the company's remuneration committee and subsidiary boards decided to increase the upper limit of monetary rewards associated with performance-based stock units from ¥1.285 billion to ¥1.636 billion as of April 14, 2026.
This adjustment aims to enhance the incentive function of the performance-based stock compensation program, promoting long-term corporate and shareholder value enhancement. The payment amount for the shares was determined based on the closing price of EBARA’s ordinary shares on the Tokyo Stock Exchange Prime Market on April 13, 2026, which was ¥5,087. This price reflects the fair market value immediately preceding the board resolution and is deemed reasonable without being particularly favorable to the recipients.
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