Source disclosure: January 23, 2026
GAKUJO CO.,Ltd. [2301.T]
TOKYO, Jan 23 (Pulse News Wire) – Gakujo CO.,LTD. (2301.T) announced today that its board of directors has approved the distribution of restricted shares as part of its executive compensation program.
The distribution, scheduled for February 20, 2026, involves transferring 13,000 ordinary shares to three executives. Each share will be valued at ¥1,788 per share, resulting in a total value of ¥23.2 million. This move follows the introduction of a restricted stock award system in January 2018 aimed at enhancing long-term performance and aligning executive interests with shareholder value.
Under this scheme, executives receive equity awards tied to their service duration, subject to restrictions lasting up to 30 years. Upon retirement due to normal reasons, the restriction period ends immediately. Additionally, the company has outlined conditions for lifting restrictions early, such as continued employment within the group until the end of the restriction period.
In cases of premature departure without valid reasons, the company reserves the right to reclaim the shares free of charge.
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