TOKYO, Apr 14 (Pulse News Wire) – Edia CO.,LTD. (3935.T) announced today that its board of directors, held, approved the introduction of a restricted share compensation plan aimed at aligning executive interests with shareholder value.
The plan will be presented for shareholders' approval at the company's 26th Annual General Meeting scheduled for May 27, 2026. Under the proposed scheme, eligible executives will receive restricted shares instead of monetary compensation within an annual limit of ¥50 million. The total amount of cash compensation remains capped at ¥300 million per annum. The allocation of restricted shares will be determined post-shareholder approval through a resolution by the board of directors.
Each restricted share will be priced based on the closing price of Edia’s ordinary shares on the Tokyo Stock Exchange prior to the issuance decision. Key features of the restricted share program include a vesting period during which executives cannot sell, pledge, or otherwise dispose of their allocated shares without valid reasons. Upon termination of employment or violation of certain conditions, Edia reserves the right to reclaim such shares. Additionally, the plan allows for adjustments in case of significant corporate restructuring events.
This initiative builds upon previous remuneration frameworks established since 2017, aiming to enhance long-term performance alignment among management and stakeholders.
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