TOKYO, Apr 30 (Pulse News Wire) – Quick CO.,LTD. (4318.T) announced today that its board of directors has approved the introduction of a restricted share grant program aimed at enhancing employee engagement and long-term corporate value.
Under the program, eligible employees will receive monetary claims (principal money claims) from the company, which they can invest in exchange for restricted shares of QUICK's common stock. The restricted shares come with conditions prohibiting transfers or pledges during a predetermined period. Additionally, the company reserves the right to reclaim such shares in certain circumstances.
The program does not reduce employees' salaries and includes provisions outlined in a restricted share allocation agreement between the company and participating employees. Further specifics regarding the allocation of restricted shares will be determined by the board. Quick CO.,LTD.'s representative director, President Kazuo Ichiro Kawaguchi, stated that the initiative is part of their human capital investment strategy designed to foster a sense of participation among management and contribute to sustained corporate growth.
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