Source disclosure: January 16, 2026
Mammy Mart Holdings Corporation [9823.T]
TOKYO, Jan 16 (Pulse News Wire) – Mammy Mart Holdings Corporation (9823.T) announced today that its board meeting held, resolved to dispose of restricted shares as part of its incentive program. The disposal involves issuing ordinary shares worth ¥1,445 per share to directors and executive officers who do not concurrently hold director positions, totaling ¥12.3 million.
This move aims to enhance motivation among key executives and align their interests with those of shareholders. The shares will be transferred to 15 individuals, including six directors and nine non-director executive officers, based on performance-linked equity awards granted in previous years.
The restricted period for these shares extends until February 2, 2056, contingent upon continued service within the company during this timeframe. In addition, the company clarified that should any recipient retire or resign due to legitimate reasons during the restriction period, the remaining vested portion would be determined based on their tenure.
Any violation of laws or regulations could result in the company's automatic acquisition of such shares without compensation.
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