TOKYO, May 15 (Pulse News Wire) – Mixi,inc. (2121.T) announced today that its board of directors approved the introduction of a performance-based equity compensation plan effective May 15, 2026.
The plan aims to enhance long-term corporate value and align remuneration with performance during the next growth phase. Under the new system, executives will receive restricted shares based on their achievement of predefined annual performance targets and service duration within a designated period. The total amount of monetary awards allocated for this purpose will be capped at ¥500 million per executive for each evaluation cycle.
Share delivery will occur post-evaluation period, subject to certain conditions and restrictions. Key provisions include a vesting period during which executives cannot transfer or pledge the restricted shares without valid reasons recognized by the board. In case of death or resignation due to legitimate causes, cash payments equivalent to the share value will be made instead of issuing shares.
Additionally, the company reserves the right to reclaim rights to deliver shares or acquire shares This new compensation structure will be presented for shareholder approval at the upcoming ordinary general meeting scheduled for June 26, 2026.
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