Riken Vitamin Co., Ltd. (JP:4526) has released an update.
Riken Vitamin Co., Ltd. has announced the extension of its performance-linked share-based compensation systems for executives, aiming to boost long-term corporate performance and value. The company will extend the trust periods for both the BIP Trust and ESOP Trust by three years, with an additional contribution of approximately 93 million yen to the ESOP Trust for share acquisitions. The extension of these incentive plans reflects the company’s commitment to aligning the interests of its directors and executive officers with those of its shareholders.
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