JDC Corporation approves restricted stock for executives

JDC Corporation announced on September 19, 2025, a resolution by its board of directors to dispose of treasury shares as restricted stock compensation. A total of 16,700 shares of common stock will be allocated on October 17, 2025, at a price of JPY 508 per share, amounting to a total value of JPY 8,483,600. The shares will be distributed to three directors (excluding outside directors and audit and supervisory committee members), who assumed office on August 27, 2024, receiving 3,100 shares, and eleven executive officers, who assumed office in May 2025, receiving 13,600 shares.

This initiative aims to enhance the company's sustainable corporate value by linking executive compensation to company performance and stock value, thereby fostering greater alignment with shareholder interests. The restricted period for these shares will run from October 17, 2025, to October 16, 2028. Shares will generally be acquired without compensation if recipients leave their positions before the restricted period ends, unless deemed otherwise by the board of directors for legitimate reasons.

The compensation plan, initially approved by the board of directors on July 23, 2019, and by shareholders at the ordinary general meeting on August 29, 2019, established a maximum annual remuneration of JPY 240 million for directors. The valuation of JPY 508 per share is based on the closing price of JDC Corporation's common stock on the Tokyo Stock Exchange on September 18, 2025, the business day prior to the board resolution date.