Mugen Estate allocates treasury shares for executive incentives

** Mugen Estate (TSE: 3299) announced today the allocation of 112,000 treasury shares as restricted stock compensation for its executives. The decision, formalized at a board meeting, involves a total disposal value of ¥261,296,000. The allocation targets two company directors and nine executive officers, excluding outside directors, with the aim of incentivizing long-term performance and aligning their interests with those of shareholders.