SKYLARK HOLDINGS CO.,LTD. [3197.T]
TOKYO, Apr 09 (Pulse News Wire) – Skylark Holdings CO.,LTD. (3197.T) resolved today to issue restricted stock as part of its compensation plan.
On May 08, 2026, the company will distribute ordinary shares worth ¥1,000 per share, totaling ¥1 billion, to five directors, six executive officers who do not hold director positions, and one subsidiary director. This move aims to incentivize key executives and promote greater alignment with shareholders' interests. Under the new equity-based incentive program, recipients cannot sell their shares until certain performance targets are met, which include stock price and ESG criteria.
Shares will be held in a dedicated account managed by Nomura Securities during the restriction period. In addition, the company retains the right to reclaim unmet performance condition shares free of charge upon expiration of the restriction period or earlier if conditions are not satisfied. Detailed agreements outline scenarios such as resignation due to retirement or misconduct leading to partial or full share forfeiture.
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