TOKYO, May 13 (Pulse News Wire) – Fujicco CO.,LTD. (2908.T) introduced a restricted share compensation plan for its directors during a board meeting held.
The plan aims to align directors' interests with shareholders by tying their rewards to stock price performance. The proposal will be put forward at the company's 66th Annual General Meeting scheduled for June 25, 2026. Under the new plan, directors will receive restricted shares instead of cash bonuses within an annual limit of up to ¥100 million. The restricted shares cannot be transferred until the director leaves their position.
In case of early departure without valid reasons, the company reserves the right to reclaim the shares free of charge. Additionally, the existing stock option program will be discontinued. Fujicco’s president, Masakazu Fukui, emphasized that the new system would enhance directors’ commitment to increasing shareholder value. The company plans to implement a slightly modified version of the restricted share scheme for executives and certain employees post-annual general meeting.
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