H.I.S. Expands Shareholder Benefit Program

H.I.S. Expands Shareholder Benefit Program

H.I.S. will expand its shareholder benefit program. The changes will apply to shareholders listed or recorded in the shareholder registry as of October 31.

The eligibility tiers based on the number of shares held will be expanded from the current three to five, while the maximum annual value of benefits will be increased from the current JPY 12,000 to JPY 100,000. Shareholders holding 100 to 499 shares will receive JPY 2,000 in benefits; 500 to 999 shares, JPY 10,000; 1,000 to 2,999 shares, JPY 20,000; 3,000 to 4,999 shares, JPY 60,000; and 5,000 shares or more, JPY 100,000.

To mark the expansion of the shareholder benefit program, all shareholders as of the same record date will receive special benefit vouchers worth JPY 3,000. The validity period of the vouchers will be extended from the current one year to three years.

The number of purchase-price tiers for travel products eligible for benefits will increase from the current two to nine, and discount rates will also be expanded. Vouchers can be used for travel packages costing JPY 10,000 or more per person, starting at JPY 1,000, with discounts of up to 10%. For high-priced packages costing JPY 1,000,000 or more, the maximum discount rate will be 12%.

Shareholders who have held shares for at least three years (seven record dates) as of the same record date will receive a long-term holding benefit worth JPY 3,000 once a year, valid for three years. The first entitlement date is scheduled for October 31, 2029.

The number of group companies and services where the benefit vouchers can be used will be expanded from seven to 10. Newly eligible locations include H.I.S. Hotel Holdings’ Manten no Tsujinoya, Watermark Hotel Okinawa Miyakojima, and Watermark Hotel Okinawa Kume Island, as well as six KID HOUSE souvenir stores on Kokusai Street in Okinawa operated by South Wing. H.I.S. Mobile will offer shareholder-exclusive discounts.

Shareholders holding 1,000 shares or more will be offered opportunities to participate in special programs through a lottery. Planned programs include discussion sessions with senior management for shareholders holding 3,000 shares or more, special on-site visit programs, trial stays at newly opened hotels, and food tasting events at the company’s dining businesses.

The record dates are October 31 and April 30 each year, with benefits distributed in late January and late June, respectively.

For more information

Notice
This article was generated using automatic translation by GPT-4 API.
The translation may not be accurate.