Nihon Tokushu Toryo Co., Ltd.
Notice Regarding Introduction of Stock-Grant ESOP Trust
Nippon Paint Specialty Co., Ltd. will commence a 440 million yen scale stock-grant ESOP trust from March 5, 2026, aiming to enhance employee incentives and increase corporate value.
Key Figures
- Trust Amount: 440 million yen (including trust fees and expenses)
- Trust Contract Date: 2026-03-05
- Trust Period: 2026-03-05 to 2030-10-31 (planned)
AI要約
Purpose of Introducing the Stock-Grant ESOP Trust
Nippon Paint Specialty Co., Ltd. aims for sustainable growth and medium- to long-term corporate value enhancement based on its five-year medium-term management plan starting fiscal 2026. Positioning employees as the source of value creation, and promoting capital efficiency improvement and optimal allocation of management resources, this system will provide employees with incentives linked to achievement of performance targets and corporate value enhancement, thereby fostering a shared awareness of value enhancement from the shareholders' perspective.
System Mechanism and Future Developments
This system establishes stock-grant regulations by board resolution and allocates 440 million yen to an ESOP trust with eligible employees as beneficiaries. The trust acquires treasury stock, with dividends and voting rights exercised according to instructions from the trust administrator. Eligible employees receive annual points, which after the medium-term management plan completion are converted into shares or cash equivalent based on performance achievement. Residual shares upon trust termination will be gratuitously transferred and then retired, with remaining assets reverting to the company. The system will start on March 5, 2026, with a trust period planned until October 31, 2030.
