Rakuten (JP:4755) has released an update.
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Rakuten Group, Inc. is set to issue Share Acquisition Rights to directors, executive officers, and employees as part of a performance-linked compensation strategy aimed at aligning their interests with shareholders and boosting motivation for improved performance and stock prices. The share options will be exercisable in stages, starting one year from issuance and fully exercisable before four years, to incentivize both long-term performance and retention of talent. The plan is designed to enhance corporate and shareholder value by granting share options to a broad range of personnel, from entry-level to directors.
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