TOKYO, Jun 17 (Pulse News Wire) – World CO.,LTD. (3612.T) decided today to grant equity-based compensation units to its executives based on performance targets set during the evaluation period.
The decision was made at a board meeting held on June 17, 2026. Under the Performance-Linked Restricted Share Award Program, the company plans to issue up to 390,250 ordinary shares to eligible recipients, calculated based on their performance achievements. The value per share is determined as the closing price of World Co.'s ordinary shares on the Tokyo Stock Exchange on June 16, 2026, which was ¥1,518. The total amount for this issuance could reach ¥592.4 million.
The compensation will be distributed among two directors, 38 managerial employees, five subsidiary directors, and 22 subsidiary managers, totaling 244,000 shares for directors and managerial staff, and 41,000 shares for subsidiary directors and managers. This program aims to enhance long-term corporate and shareholder value while strengthening commitment to achieving performance goals. It was approved by shareholders at the 68th Ordinary General Meeting of Shareholders on May 28, 2026, and further endorsed by the board on April 3, 2026. The equity awards come with restrictions on transfers until certain conditions are met, such as remaining in designated positions within the group.
In case of organizational restructuring during the evaluation period, cash payments will be made instead of stock grants, adjusted according to the circumstances.
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