System Integrator Corp. [3826.T]
TOKYO, May 29 (Pulse News Wire) – System Integrator Corp. (3826.T) resolved to distribute its own shares as performance-based compensation to four executive directors and three executives on June 16, 2026.
The resolution was made during a board meeting held. Under the performance-linked share award program, the company plans to issue 33,300 ordinary shares to the targeted executives in exchange for monetary claims totaling approximately ¥15.1 million. Each share will be priced at ¥453 per share, resulting in a total value of ¥15.1 million. The distribution aligns with the company's goal of enhancing alignment between executive remuneration and company performance and shareholder value.
This initiative follows approvals received at the 24th Ordinary General Meeting of Shareholders on May 28, 2019, and subsequent amendments ratified at meetings on May 28, 2024, and May 28, 2026. Additionally, the program was extended to cover senior executives through a decision made at a board meeting on March 15, 2022. The performance criteria for the awards are based on the cumulative ordinary profit target set out in the two-year business plan spanning fiscal years 2025 and 2026. The payout rate ranges from ０% to 120%, depending on the achievement level, with adjustments made for tax implications.
Any remaining amount below 40% will be paid in cash.
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