YUKIGUNI FACTORY CO.,LTD. [1375.T]
TOKYO, May 19 (Pulse News Wire) – Yukiguni Factory CO.,LTD. (1375.T) announced today that its board of directors has approved the introduction of a restricted share plan aimed at key employees.
The program seeks to incentivize long-term value creation and align employee interests with those of shareholders. Under the Employee Restricted Share (ERS) Program, eligible employees—primarily current management staff—will receive ordinary shares subject to certain restrictions. These restrictions will apply until the employee's tenure ends due to retirement, resignation, or other reasons deemed valid by the board.
The specific details of the share allocation will be determined by the board. The initiative is designed to enhance the company’s sustained growth by providing incentives tied to the company's stock performance. Shares awarded through this program will be granted via cash awards converted into equity contributions, resulting in the issuance or disposal of ordinary shares.
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