Yossix Holdings Co.,Ltd. [3221.T]
TOKYO, May 15 (Pulse News Wire) – Yossix Holdings CO.,LTD. (3221.T) announced today that its board of directors approved changes to director compensation and equity-based incentive plans.
The proposed amendments will be presented to shareholders at the upcoming annual general meeting scheduled for June 25, 2026. Under the revised plan, director remuneration will be adjusted from up to ¥300 million annually to up to ¥500 million annually. This adjustment aims to enhance flexibility in future executive compensation management while maintaining the exclusion of allowances for concurrent employee positions.
Additionally, the company's equity-based incentive program for non-audit committee and external directors will undergo modifications. Originally set at up to ¥300 million annually for base compensation and ¥100 million for restricted stock awards, the new proposal seeks shareholder approval to increase the monetary value of such awards to ¥300 million annually and limit the issuance of ordinary shares to up to 150,000 per year. This revision focuses on incentivizing sustained growth and long-term enterprise value enhancement amid evolving business conditions.
Detailed specifics of the existing program can be found in the May 17, 2021 notice titled “Introduction of Restricted Share Award System.”.
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