NTT DATA INTRAMART CORPORATION [3850.T]
TOKYO, Jun 18 (Pulse News Wire) – NTT DATA INTRAMART CORPORATION (3850.T) resolved today to issue restricted stock as compensation to its executives and employees. The company will distribute ordinary shares totaling 7,476 on July 17, 2026, with each share valued at ¥2,806.
The total value of the distribution is ¥21.0 million. The issuance includes two types of restricted stock: Type I, which carries no performance conditions but has a restriction period from July 17, 2026, to July 17, 2029; and Type II, which requires meeting certain performance targets set out in the medium-term management plan for fiscal 2028, such as sales of ¥18.00 billion and operating profit of ¥2.700 billion, among others, with a restriction period from July 17, 2026, to May 31, 2029. In addition, the company will acquire any remaining restricted stock free of charge upon expiration of the restriction period or immediately after the executive loses their position during the restriction period due to reasons recognized by the board of directors.
The stock will be managed in dedicated accounts opened at Daiwa Securities Co., Ltd. during the restriction period. This move aims to enhance long-term corporate value and promote greater alignment with shareholders' interests through incentivizing key personnel.
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