JCU to Distribute Restricted Shares to Executives on Aug 17

TOKYO, Jul 23 (Pulse News Wire) – JCU Corporation (4975.T) resolved to distribute restricted shares to six executives on August 17, 2026. Each share will be valued at July 23, 2026 per share, totaling August 17, 2026.

The distribution aims to align executive interests with shareholder gains and enhance contributions to stock price growth and corporate value. Under the plan, JCU introduced a restricted share compensation system in May 2017, approved by shareholders in June 2017. This resolution covers the period from the 66th Ordinary General Meeting in 2026 to the anticipated 67th meeting in 2027.

The restricted period spans from August 17, 2026, to August 16, 2051, ensuring long-term alignment of executive incentives with shareholder interests. Executives will hold these shares until their tenure ends due to reasons such as retirement, death, or resignation, subject to conditions outlined in the agreement. In case of early termination, JCU retains the right to reclaim the shares without payment.

Additionally, the shares will be managed through accounts set up with SMBC Nikko Securities.