TOKYO, May 25 (Pulse News Wire) – VT Holdings CO.,LTD. (7593.T) announced today that its board of directors has approved the introduction of a restricted share compensation plan aimed at aligning executive interests with shareholder value.
The plan requires approval from shareholders during the upcoming annual general meeting scheduled for June 25, 2026. Under the proposed scheme, eligible executives would receive restricted shares based on cash awards within an annual limit of ¥90 million. The restricted shares come with vesting conditions tied to continued service as an executive until the next regular shareholders' meeting.
Should an executive resign prematurely without valid reasons, VT Holdings reserves the right to reclaim the shares free of charge. Additionally, the company plans to adjust the number of restricted shares granted if significant changes such as stock splits occur post-approval. In related developments, the company's existing remuneration framework was reviewed and updated, subject to shareholder endorsement at the same AGM.
Current annual caps remain at ¥450 million overall, with separate limits for external directors at ¥50 million.
🟡 Confidence: Standard AI-translated content.