TOKYO, Jun 23 (Pulse News Wire) – Slogan Inc. (9253.T) announced today that its board of directors approved the distribution of restricted shares as part of executive compensation.
The company plans to distribute ordinary shares worth ¥738 per share, totaling ¥7.2 million. The distribution is scheduled for July 22, 2026, to one non-audit committee director and two audit committee directors. This decision follows resolutions made during previous meetings held on April 22, 2026, and May 27, 2026, which set parameters for the restricted stock award program aimed at incentivizing long-term value creation and aligning executives' interests with shareholders. Under the program, non-audit committee directors are eligible for monetary awards up to ¥10 million annually, while audit committee directors can receive up to ¥10 million annually.
Additionally, the company's board agreed to grant restricted shares equivalent to cash awards of ¥7.2 million to certain executives, resulting in the allocation of ordinary shares worth ¥7.2 million. The amount awarded to each individual was determined based on their responsibilities and overall circumstances within the company. The restricted shares come with conditions prohibiting transfers or pledges until July 22, 2026, or one year after the recipient leaves their position at Slogan Inc. or its subsidiaries, whichever is later.
Restrictions will be lifted upon completion of a predefined service period or adjusted reasonably if the executive resigns due to valid reasons prior to the end of the restriction period.
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