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Business Engineering launches employee stock incentive plan

November 27, 2025 at 03:09 AM UTCBy FilingReader AI

Business Engineering Corporation announced an Employee Stock Incentive Plan (RS Trust) will be introduced, effective December 9, 2025. This plan aims to enhance employee engagement, retention, and long-term corporate value by granting points based on roles, which translate into common shares with transfer restrictions until retirement. The company will entrust 360,000,000 yen to the RS Trust to acquire up to 100,000 common shares from the stock market between December 9, 2025, and January 30, 2026.

Employees will not bear acquisition costs, as the company funds the entire amount. The RS Trust will be managed by Sumitomo Mitsui Trust Bank, Limited, with Custody Bank of Japan, Ltd. as re-trustee. A trust administrator, independent of the company, will protect beneficiaries' interests and instruct the trustee on voting rights.

A significant stock split is planned, where one common share will become five, effective January 1, 2026. After this date, the maximum number of shares to be acquired will increase to 500,000, aligning the incentive with future stock performance. The trust is scheduled to terminate on June 30, 2028.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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