TOKYO, Mar 27 (Pulse News Wire) – IBJ, Inc. (6071.T) resolved today to distribute restricted shares as part of its equity compensation program.
The distribution will take place on March 27, 2026, involving 43,500 ordinary shares at a price of ¥692 per share, totaling ¥38.4 million. The shares will be allocated to three directors and eight employees. The purpose of this distribution is to align executives' interests with those of shareholders by having them share in stock price fluctuations. This initiative was approved during the 15th regular shareholders meeting and further refined in the 17th regular shareholders meeting based on the company's performance and stock price trends. Directors will hold these shares for five years, with restrictions lifted upon continued service until the next annual general meeting scheduled for March 2027.
Under the allocation agreement, directors will forfeit their shares if they resign or retire within the restriction period without valid reasons recognized by the board. Upon completion of the restriction period, directors who remain employed will have their restrictions lifted, allowing free disposal of the shares. Any untransferred shares will revert to the company. Additionally, in case of significant organizational restructuring during the restriction period, the board reserves the right to lift restrictions on a pro-rata basis according to the duration of employment up to the restructuring date. The company will also acquire any unreleased shares at the time of such restructuring.
The distribution price of ¥692 per share was determined based on the closing price of IBJ, Inc.'s ordinary shares on the Tokyo Stock Exchange on March 26, 2026, ensuring fairness and transparency in the valuation process.
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