Gift Holdings issues restricted stock to reward new employees

Gift Holdings (TSE:9279) announced the issuance of 5,100 new shares of its common stock as restricted stock compensation for 51 new employees who joined the company on April 1, 2025. The decision, made at a Board of Directors meeting on April 2, aims to boost employee loyalty and encourage medium-to-long-term contributions to Gift's development. The per-share issue price is set at JPY 2,780, based on the closing price of Gift's stock on the Tokyo Stock Exchange on April 1, 2025. The shares are subject to a three-year restriction period, and eligible employees will receive newly issued or disposed common shares of the Company. The initiative reflects Gift’s broader strategy to attract and retain talent by aligning employee interests with the company’s long-term performance.