Japan Lifeline Co. Ltd. Announces New Stock Option Compensation Plan with Revised Sales Targets

Reuters
Jul 31
<a href="https://laohu8.com/S/JLFNF">Japan Lifeline</a> Co. Ltd. Announces New Stock Option Compensation Plan with Revised Sales Targets

Japan Lifeline Co., Ltd. has announced a new issuance of paid stock options aimed at enhancing corporate unity and achieving medium to long-term growth. The decision, made by the Board of Directors, involves allocating stock acquisition rights to eligible recipients at fair market value without requiring shareholder approval. These options are not to be viewed as compensation, but as investment opportunities for directors and operating officers, excluding Audit and Supervisory Committee members. To exercise these rights, the company's consolidated net sales must surpass 70 billion yen by the fiscal year ending March 2028, an upward revision from a previous target of 63 billion yen. If fully exercised, the stock options will increase the company's common shares by 1.05% of the total issued shares.

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