TOKYO, Jun 26 (Pulse News Wire) – Mixi,inc. (2121.T) announced that it will distribute restricted shares as part of its stock compensation program on July 16, 2026.
A total of 202,900 ordinary shares will be distributed, valued at ¥2,552 per share, amounting to ¥517.8 million. The distribution includes 37,800 shares for executives and 3,000 shares for upper-level executives. Additionally, 11 employees will also receive shares. The purpose of this program is to align executive interests more closely with shareholder value, encouraging contributions towards increasing stock prices and enhancing corporate value.
Under the agreement, the restricted shares will be subject to holding periods until either the next annual general meeting or specific end dates ranging from July 16, 2026, to March 31, 2029. During this time, recipients cannot sell, pledge, or otherwise dispose of the shares without valid reasons approved by the board. Upon completion of the holding period, restrictions will be lifted, allowing for free disposal of the shares. In case of resignation or retirement during the restriction period, the company reserves the right to reclaim the shares based on predefined conditions.
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