TOKYO, May 19 (Pulse News Wire) – Zozo,inc. (3092.T) announced today that its board of directors has approved the distribution of restricted shares as part of its stock compensation program.
The company plans to distribute ordinary shares worth ¥1,026 per share to 114 employees and two subsidiary executives totaling 73,800 shares on July 21, 2026. Additionally, six subsidiary employees will receive 1,600 shares. The purpose of this distribution is to align employee interests with those of shareholders by exposing them to equity price fluctuations. The shares will be subject to a holding period from July 21, 2026, to July 20, 2028, during which time they cannot be transferred, pledged, or gifted without approval.
Any unvested shares will revert to the company upon termination prior to the end of the restriction period. This move is expected to enhance employee motivation towards boosting stock prices and corporate value. The total cost of the distribution is estimated at ¥75.7 million. The dilutive effect of this issuance is considered minor, amounting to approximately 0.01% based on the outstanding share count as of March 31, 2026, which stood at 892,032,372.
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