TOKYO, May 26 (Pulse News Wire) – Open Door Inc. (3926.T) resolved at its board meeting held, to issue stock options to its employees without charge.
The move aims to enhance employee motivation and cohesion towards long-term performance growth and increased corporate value. Under the resolution, the company will grant 100 stock options exercisable into up to 100 common shares per option. Exercise prices will be determined based on average closing prices of Open Door's common shares on the Tokyo Stock Exchange during the month preceding the grant date, rounded up to the nearest whole number. Adjustments to exercise prices and share counts will be made in case of corporate actions such as mergers, spin-offs, or changes in capital structure.
Exercise periods for these stock options extend from July 1, 2030, to June 30, 2033. Capital increases resulting from the exercise of these options will adhere to legal limits, with adjustments made accordingly. Additionally, the company reserves the right to acquire unexercised options free of charge under certain conditions, such as organizational restructuring events or loss of eligibility due to employment status changes. The company also clarified that it will not issue physical certificates for these stock options.
Applications for participation closed on June 1, 2026, with the allocation of options scheduled for June 10, 2026.
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