Ryohin Keikaku Announces Long-term Executive Incentive Plan

Ryohin Keikaku Co (JP:7453) has released an update.

Ryohin Keikaku Co., Ltd. has disclosed plans to motivate its executives by allocating treasury stock valued at ¥129,232,800 as part of a restricted stock compensation plan. The plan, aimed at aligning the interests of directors and shareholders, will see 49,600 shares distributed to certain directors and senior executive officers, with the restriction period extending to 50 years to encourage long-term value creation.

For further insights into JP:7453 stock, check out TipRanks’ Stock Analysis page.