TOKYO, May 26 (Pulse News Wire) – Fuva Brain Limited (3927.T) announced today that its board of directors held on May 26 decided to propose an equity-based compensation plan for executives (excluding outside directors) at its upcoming annual shareholders' meeting scheduled for June 24. Under the proposed plan, non-cash stock options would be granted annually up to 530 units per executive, with a total payment amount cap of ¥180 million per year.
The performance metrics tied to these options include consolidated adjusted operating profit and achievement of medium-term management plans. Payment for these options would be offset against equivalent cash payments made to executives. The rationale behind the proposal includes aligning executive incentives with long-term shareholder value creation and ensuring alignment with key performance indicators (KPIs).
Additionally, the plan aims to foster sustained growth and enhance corporate value while promoting shared value among stakeholders. Separately, the company noted that the individual compensation policies for directors will be revised based on the approval of the equity-based compensation plan. The changes will take effect according to the outlined policy framework detailed in the disclosure.
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