YOSHINOYA HOLDINGS CO.,LTD. [9861.T]
TOKYO, Apr 09 (Pulse News Wire) – Yoshinoya Holdings CO.,LTD. (9861.T) resolved at its April 9 board meeting to amend its restricted share award plan for directors.
The revised plan will be proposed to shareholders at the upcoming 69th Annual General Meeting scheduled for May 26, 2026. The amendment aims to enhance flexibility in adjusting stock compensation ratios to secure top talent and strengthen corporate governance amid changing economic conditions. Under the new plan, annual cash-based compensation for granting restricted shares will be reduced from up to ¥30 million to up to ¥100 million (excluding external directors). The total number of ordinary shares issued or disposed of annually remains capped at up to 25,000.
This adjustment does not affect the cap on the number of shares granted annually, which stays at up to 25,000. The company believes the changes are appropriate based on recommendations from the Remuneration Advisory Committee, which consists predominantly of independent outside directors. In addition to the aforementioned amendments, there are no other changes to the initial resolution. Approval from shareholders at the upcoming general meeting is conditional for implementation of the revised plan.
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