Source disclosure: February 13, 2026
Yappli,Inc. [4168.T]
TOKYO, Feb 13 (Pulse News Wire) – Yappli,inc. (4168.T) resolved at its board meeting held, to introduce a restricted share award program aimed at incentivizing directors and fostering greater value-sharing with shareholders.
The proposal will be presented to the 13th Annual General Meeting scheduled for March 27, 2026. Under the proposed program, directors (excluding outside directors) would receive restricted shares annually based on monetary compensation bonds granted by the board resolution. These bonds would be converted into equity contributions to the company, resulting in the issuance or distribution of ordinary shares to the directors. The total amount of monetary compensation bonds to be awarded annually is capped at ¥500 million.
Additionally, the number of ordinary shares to be issued or distributed per year is limited to 854,700 shares, subject to reasonable adjustments due to stock splits or consolidations post-resolution date. Each director's specific allocation and timing of awards will be determined by the Nomination and Remuneration Committee’s advice and approved by the board. A restricted share allotment agreement will be signed between the company and each director, outlining conditions such as holding periods, restrictions on transfers, and circumstances under which the company could acquire the shares free of charge. Furthermore, pending approval at the upcoming general meeting, the company plans to extend similar restricted share awards to employees.
AI-translated content. 🟢 Confidence: High See terms • Original filing