Rakuten Bank, Ltd.

5838.T
Banks - Regional
2026/02/17 Updated
Market Cap: $9.9B (¥1.5T)
Stock Price: $56.74 (¥8,716)
Exchange Rate: 1 USD = ¥153.61

Notice Regarding Issuance of Stock Options (Subscription Rights to Shares) to Our Employees

Issued 319 subscription rights to 316 employees free of charge, equivalent to 31,900 shares. The exercise period is from one year after the issuance date up to ten years later, with the exercisable ratio increasing stepwise.

Importance:
Page Updated: January 26, 2026
IR Disclosure Date: January 26, 2026

Key Figures

  • Number of Allotted Employees: 316 persons
  • Total Number of Subscription Rights: 319 units
  • Number of Underlying Shares: 31,900 shares
  • Allotment Date: 2026-02-25

AI要約

Purpose of Issuing Stock Options

Rakuten Bank, Ltd. has resolved to issue a total of 319 subscription rights to 316 employees in order to enhance employee performance and motivation to contribute to stock price appreciation. The subscription rights are linked to the stock price, with the exercise period spanning from one year after the issuance date up to ten years later. The exercisable ratio increases stepwise. This aims to acquire and retain talented personnel and improve employee motivation, ultimately striving for sustainable enhancement of corporate value and shareholder value.

Conditions and Exercise Restrictions of Subscription Rights

The subscription rights are granted free of charge, with each unit granting rights to 100 common shares. Exercising the rights requires the employee or related party to maintain their position, and inheritance is generally not recognized. The exercisable ratio is 0% one year after issuance, 15% after two years, 35% after three years, 65% after four years, and 100% thereafter. Treatment during corporate reorganizations and methods for tax payments are also stipulated. Transfer requires board of directors' approval. The allotment date is February 25, 2026.

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