Seibu Holdings Expands Equity Compensation Plan to Include More Executives

TOKYO, Jun 24 (Pulse News Wire) – Seibu Holdings Inc. (9024.T) announced changes to its equity compensation plan, known as the Board Benefit Trust (BBT).

The board approved adding group executives and key subsidiary executives to the program, which was initially introduced for directors in 2019. Under the revised plan, eligible recipients will now include directors, group executives, and executives of three core subsidiaries—Seibu Railway Co., Seibu Prince Hotels Worldwide Corp., and Seibu Real Estate Co. The trust will allocate shares based on performance metrics and fixed roles, providing incentives tied to long-term company value and performance improvement.

Shares will be sourced from those already held by the trust, ensuring continuity in the compensation structure. The expanded scope aims to enhance alignment between executive remuneration and stock price appreciation, fostering sustained growth and increased enterprise value. Effective immediately, the trust will continue to operate according to the outlined parameters, with adjustments made annually based on performance outcomes and role assignments.

Details of previous modifications to the scheme were disclosed on May 14, 2025, reflecting ongoing refinements to align with strategic objectives.