Source disclosure: January 29, 2026
NCXX Group Inc. [6634.T]
TOKYO, Jan 29 (Pulse News Wire) – NCXX Group Inc. (6634.T) decided to seek shareholder approval for a stock option plan at its upcoming annual shareholders meeting scheduled for February 25, 2026.
Under the proposed plan, the company intends to grant stock options to directors and employees at favorable conditions based on performance metrics. The board proposes setting an annual limit of ¥400 million for stock option compensation, with ¥70 million allocated specifically for external directors. The total number of subscription rights to be granted does not exceed 30,000 units, with up to 15,000 units reserved for internal directors (including 2,500 units for outside directors).
Each subscription right entitles the holder to subscribe for 100 ordinary shares, subject to adjustments due to corporate actions such as share splits or consolidations. Additionally, the exercise price for each subscription right will be determined based on the higher average closing price of the company's ordinary shares on the Tokyo Stock Exchange during the month preceding the allocation date, multiplied by 1.05. The exercise period for these subscription rights will commence two years after the resolution date and end five years later.
The company also outlined conditions under which it could acquire outstanding subscription rights without payment, including instances where the company undergoes mergers or significant changes in share prices below certain thresholds.
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