TOKYO, Apr 08 (Pulse News Wire) – Genda Inc. (9166.T) announced today that its board of directors approved the introduction of a performance-based equity compensation plan for executives.
The plan, which requires approval at the company’s eighth regular shareholders' meeting scheduled for April 30, 2026, aims to align executive incentives with shareholder interests and promote sustainable growth. Under the plan, executives will receive shares based on predefined performance metrics for the fiscal year ending January 31, 2027. The total number of shares allocated per executive will be capped at [NUM_1] within each evaluation period, with the dilution ratio expected to remain minimal.
The plan stipulates that up to [NUM_0] shares could be distributed, representing approximately [NUM_3]% of the outstanding share count as of January 31, 2026. Should the proposal gain approval, the company plans to adjust individual executive remuneration accordingly post-shareholder meeting. Key details of the plan include setting fixed and variable components of executive compensation, determining baseline stock prices, and evaluating performance targets through adjusted EBITDA figures.
Shares will be delivered to eligible executives following the completion of the ninth fiscal year, contingent upon their continued service during the evaluation period.
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