Kojima finalizes executive stock option details for performance-based incentives

Kojima Co. (TSE:7513) has finalized the details of its stock-compensation share options, previously resolved at the board of directors' meeting on November 17, 2025. A total of 356 share acquisition rights will be allotted to 54 executive officers and employees (managerial level or above). Each right has a payment amount of 114,900 yen (1,149 yen per share). This amount, calculated using the Black-Scholes model on the allotment date of December 2, 2025, will be offset against the recipients' compensation claims against the company.

These share acquisition rights correspond to 35,600 common shares of the company. The issuance aligns with the performance-based incentive system introduced by Kojima on November 14, 2018. The official allotment date for these rights is December 2, 2025.

The move underscores Kojima's ongoing strategy to link executive and employee compensation directly to company performance, as initially outlined with the introduction of its incentive program.