World Co., Ltd.

3612.T
Department Stores
2026/08/24 Updated
Market Cap: $812.6M (¥129.4B)
Stock Price: $10.66 (¥1,698)
Exchange Rate: 1 USD = ¥159.24

【World】Introduction of Performance-Linked Restricted Stock Compensation System | June 2026

On June 17, 2026, World resolved to introduce a performance-linked restricted stock compensation system, granting a total of 390,250 shares to strengthen incentives for management and directors.

Importance:
Page Updated: June 17, 2026
IR Disclosure Date: June 17, 2026

Key Figures

  • Number of Shares Granted: 390,250 shares
  • Grant Price per Share: 1,518 yen/share
  • Total Grant Amount: 592,399,500 yen

AI要約

Overview of the System

On June 17, 2026, at the Board of Directors meeting, World introduced a performance-linked restricted stock compensation system, and resolved to grant a total of 390,250 shares to eligible directors and executive officers. The grant price is 1,518 yen per share, with a total amount of approximately 592.4 million yen. The system is based on the medium-term management plan "VISION-W" and provides for the delivery of shares and cash depending on achievement during the performance evaluation period. Eligible recipients include directors and officers of subsidiaries, with the number of shares and amount of cash determined based on achievement during the evaluation period.

Purpose and Future Outlook of the System

The purpose of this system is to provide attractive incentives that contribute to increasing corporate value and shareholder value, thereby strengthening management's commitment to achieving performance. The granted shares are restricted and will be released under certain conditions. Moving forward, the company will continue to operate and evaluate the system to promote performance improvement aligned with the medium-term management plan and to enhance management motivation.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

World

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