TOKYO, Apr 16 (Pulse News Wire) – Fujita Kanko Inc. (9722.T) resolved today to issue restricted stock as compensation to its directors and executive officers.
The company plans to distribute ordinary shares worth ¥2,294 per share to five directors and ten executive officers on May 15, 2026. The total value of the distribution is expected to be ¥45.5 million. This move follows approval at the company's 93rd regular shareholders' meeting held on March 25, 2026, aimed at incentivizing long-term growth and fostering closer ties with shareholders. Each recipient will hold the shares subject to restrictions until their departure from directorship or executive roles.
The shares will be managed through accounts set up with SMBC Nikko Securities Co., Ltd. Under the agreement, the shares will remain restricted during the holding period, allowing for free transfer only upon continued service until the next annual general meeting or fiscal year-end. In case of early resignation, the company reserves the right to reclaim the shares without compensation. Additionally, in the event of organizational restructuring approved by the board or shareholders, certain conditions could lead to earlier lifting of restrictions or automatic reclamation by the company.
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