Senshu Ikeda Holdings shifts to restricted stock for executive pay

Senshu Ikeda Holdings announced on December 26, 2025, the introduction of a restricted stock compensation plan for its executive officers. This new plan, which includes its subsidiary The Senshu Ikeda Bank, replaces the previous stock option scheme. It aims to strengthen incentives for sustainable corporate value creation and enhance value-sharing with shareholders.

Under the new scheme, eligible officers will receive monetary claims for restricted stock, which they will then use to subscribe to or acquire common shares of the company. While the total compensation amount for restricted stock is expected to remain consistent with previous stock option grants, the new plan introduces a longer vesting period to bolster medium-term performance incentives.

For the current fiscal year, the difference between previously allocated stock options (16th Series Stock Acquisition Rights issued on July 29, 2025) and the newly introduced restricted stock compensation will be granted to eligible officers by the next Annual General Meeting of Shareholders. The total value will remain within the compensation framework approved at the 12th Annual General Meeting on June 23, 2021. The issue price per share will be determined by the board of directors, based on the closing price of the company’s common stock on the Tokyo Stock Exchange on the business day prior to the resolution date.