Persol Holdings Co.,Ltd.
Continuation of the Share Grant System for Our Group’s Executive Officers and Others
Persol Holdings has decided to continue the share grant system for group executive officers and others, which has been implemented since fiscal year 2017, until the end of March 2029. The system uses trust arrangements to deliver shares after retirement, with plans to set it annually going forward.
Key Figures
- Recipients: Group executive officers and others
- Target period: From fiscal year 2017 to the end of March 2029
- Trust period: August 14, 2017 – end of August 2023 (with planned extensions)
AI要約
Overview of the System
Persol Holdings introduced a share grant system as an incentive for group executive officers and others starting in fiscal year 2017, adopting a trust-based mechanism. The system involves delivering shares or cash equivalents after retirement and will be continued for the three fiscal years ending in March 2029. Shares are acquired through a trust administrator, with dividends also paid. The continuation of the system requires approval by each subsidiary's board of directors, and it is planned to be set annually in the future.
Impact on Shareholders and Future Outlook
The ongoing system will maintain incentives for group executives to enhance long-term corporate value. Since shares are delivered after retirement, it is considered that the impact on share dilution and shareholder value is limited. The company intends to continue reviewing and operating the system, strengthening incentives for group management.
Persol Holdings Co., Ltd.
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