Hirogin Holdings to Shift Executive Pay Toward Restricted Stock Plan

Hirogin Holdings, Inc. ( (JP:7337) ) has provided an announcement.

Hirogin Holdings will revise its executive compensation system by introducing a new restricted stock-based compensation plan for internal directors, subject to approval at its June 2026 shareholders meeting. The plan is designed to align directors’ interests more closely with shareholders by tying part of their pay to the company’s share performance and long-term corporate value.

Under the plan, eligible directors will receive up to 100 million yen per year in monetary claims convertible into no more than 100,000 restricted shares annually, with pricing based on the market closing price before each board resolution. The company will discontinue new contributions to its existing officer compensation BIP trust, and the restricted shares will be subject to transfer restrictions during directors’ tenure, with the company retaining the right to acquire shares without consideration in certain circumstances.

More about Hirogin Holdings, Inc.

Hirogin Holdings, Inc. is a Japanese financial group listed on the Prime Market of the Tokyo Stock Exchange, centered on The Hiroshima Bank, Ltd. It operates in banking and related financial services, focusing on regional finance in and around Hiroshima while seeking to enhance corporate value and shareholder alignment through its governance and compensation structures.

Average Trading Volume: 871,876

Technical Sentiment Signal: Buy

Current Market Cap: Yen544.9B

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