TOKYO, Apr 01 (Pulse News Wire) – First Juken CO.,LTD. (8917.T) has finalized the details of equity-based stock options granted to its directors.
The decision was made during a board meeting held on February 21, 2026. Under the plan, the total number of subscription rights is 1,198 units, with each right entitling the holder to 10 shares. The subscription price per unit is set at ¥8,790, equivalent to ¥879 per share.
This amount was determined by Daiwa Research Institute using the Black-Scholes model on the allocation date, which falls on March 31, 2026. The subscription rights cover 11,980 ordinary shares of First Juken. Five non-audit committee directors will receive these rights as part of their compensation package.
Additionally, recipients of the subscription rights can settle the payment obligation through offset against their existing claims on the company.
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