TOKYO, Apr 03 (Pulse News Wire) – World CO.,LTD. (3612.T) announced today that its board of directors held, approved the introduction of a restricted share incentive plan aimed at strengthening alignment among senior management and executives towards achieving the mid-term business plan “VISION-W.” Under this program, eligible employees—those holding positions equivalent to department heads and above within the group—will receive restricted shares through the World Group Employee Holding Association.
The company will issue special bonuses in the form of monetary claims to participating employees, who will then contribute these bonuses to the association. Subsequently, the association will invest these contributions back into the company to acquire restricted shares.
Nomura Securities will facilitate this process through their employee stock option scheme. The total amount expected to be invested based on the anticipated issuance or disposal of new shares under this plan could reach up to [NUM_0].
Further details will be disclosed promptly once finalized.
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