Loginet Japan to Issue Restricted Share Awards to Executives

TOKYO, Jun 24 (Pulse News Wire) – Loginet Japan (9027.S) announced that its board of directors resolved to issue restricted share awards to seven executives on July 14, 2026. The company will distribute 13,760 ordinary shares valued at ¥1 per share, totaling ¥13,760.

Each executive's allocation will be based on their contribution to the company. The purpose of this issuance is to incentivize long-term value creation among executives and enhance shareholder alignment. The restricted shares cannot be transferred until the executives retire or resign from their positions within the company or its subsidiaries.

Any untransferred shares will revert to the company upon expiration of the restriction period. Additionally, the company set the total monetary compensation amount for the restricted stock award program at up to ¥70 million annually and limited the number of restricted shares allocated per fiscal year to 24,000. The restriction period begins on the grant date and ends on the day the recipient retires or resigns from their position.