Tokyu Fudosan Holdings finalizes details for employee shareholding incentive plan

Tokyu Fudosan Holdings Corporation has finalized the details of its E-Ship® trust-type employee shareholding incentive plan, initially announced on May 9, 2025. The "E-Ship Trust" will be established on August 28, 2025, with Nomura Trust and Banking Co., Ltd. as trustee, operating until August 29, 2028. The plan aims to provide incentives to employees by linking their contributions to the company's medium- to long-term corporate value.

The E-Ship Trust will acquire up to JPY 8,792m of the company's common shares from the stock exchange market between September 2, 2025, and November 19, 2025. These shares will be continuously sold to the Tokyu Fudosan Holdings Employee Shareholding Association (ESA). The company will guarantee the loans taken by the E-Ship Trust for share acquisition, receiving guarantee fees in return.

Beneficiaries will be ESA participants alive at the start of beneficiary determination procedures, including those who left the ESA between September 8, 2025, and the determination start date due to retirement or promotion. Any residual assets will be distributed to eligible beneficiaries at the trust's end, and the company will cover any outstanding loan balances as guarantor.