Fujibo Holdings, Inc. [3104.T]
TOKYO, May 15 (Pulse News Wire) – Fujibo Holdings,inc. (3104.T) announced today that its board of directors has resolved to amend the restricted share compensation plan applicable to its executive directors (excluding outside directors).
The amendments will be presented for shareholders' approval at the annual general meeting scheduled for June 26, 2026. Under the proposed changes, the total monetary compensation amount payable to executives through restricted shares will be adjusted from an annual cap of ¥30 million to within ¥60 million. Additionally, the upper limit for allocating restricted shares per fiscal year to eligible directors will be revised from ¥45.00 billion (previously decided before April's stock split as ¥15.00 billion) to ¥20.00 billion.
Furthermore, the holding period for restricted shares will extend from three to five years, determined by the board, to the later of either the director’s departure or the submission deadline for the securities report covering the allocation year. In addition to these modifications, the company plans to introduce similar provisions for its executive officers should the amendments be approved by shareholders at the upcoming meeting. Details of the initial implementation of the restricted share compensation plan can be found in the notice published on May 15, 2019.
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