Toyo Securities Co., Ltd.
Notice Regarding Continuation of Stock Compensation Plan
Toyo Securities Co., Ltd. resolved to continue the stock compensation plan (BIP Trust) for directors and others for three fiscal years from March 31, 2027, to March 31, 2029, extending the trust period by three years.
Key Figures
- Trust Period Extension: 3 years
- Continuation Period: March 31, 2027 – March 31, 2029
- Eligible Participants: Directors (excluding non-resident) and Executive Officers (excluding non-resident)
AI要約
Regarding the Continuation of the Stock Compensation Plan
Toyo Securities Co., Ltd. has introduced the stock compensation plan (BIP Trust) for directors and executive officers since FY2019, aiming to enhance linkage with performance and stock value and contribute to medium- to long-term corporate value enhancement. The company resolved to extend the trust period by three years, continuing the plan over three fiscal years from March 31, 2027, to March 31, 2029.
Overview of the BIP Trust and Future Operation
The BIP Trust is similar to performance-linked stock compensation plans in Europe and the U.S., providing company shares or cash equivalent amounts based on rank and achievement of performance targets. Upon trust period extension, shares and cash in the existing trust assets will be succeeded to the extended trust. This ensures ongoing incentives for directors and others, promoting corporate value growth.
