Future Innovation Group,Inc. [4392.T]
TOKYO, Apr 17 (Pulse News Wire) – Future Innovation Group,inc. (4392.T) announced today that its board of directors, held, approved the issuance of restricted shares as compensation.
The shares will be paid up on May 15, 2026, and consist of ¥13 million ordinary shares at a price of ¥1,000 per share, totaling ¥13 billion. Under the restricted stock award program introduced in February 2026, the company plans to grant these shares to three directors and ten executive officers. The program aims to incentivize sustained growth in corporate value and promote greater alignment with shareholders' interests. Each recipient's allocation will be determined based on their performance and responsibilities, with the total amount capped annually within the scope of their remuneration.
Restricted shares cannot be transferred or used as collateral during the restriction period, which extends until the recipients’ departure from their positions. In case of death or resignation due to valid reasons, the company reserves the right to acquire the sharesoutlined in the agreement. The shares will be managed through a dedicated account set up with Nomura Securities Co., Ltd., ensuring compliance with the restrictions. The issuance price was calculated based on the closing price of the company’s ordinary shares on the Tokyo Stock Exchange on April 16, 2026, which was ¥1,000 per share.
This price reflects the fair market value immediately preceding the board resolution and is deemed reasonable without favoring any party.
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