TOKYO, Apr 20 (Pulse News Wire) – Alue CO.,LTD. (7043.T) announced today that its board of directors, held on April 18, approved the issuance of restricted shares to two directors and one executive officer as part of its governance reforms.
The company plans to issue 4,500 ordinary shares valued at ¥1 per share, totaling ¥4,500,000, to be paid up on May 15, 2026. Under the Share Grant Agreement, these shares cannot be transferred or used as collateral until May 14, 2029. Additionally, the shares will be managed in a dedicated account at Nomura Securities during the restriction period.
The issuance follows the introduction of the restricted stock compensation system in March 2020, aimed at incentivizing long-term value creation and aligning interests with shareholders. The agreement includes provisions allowing the company to acquire untransferred shares free of charge upon expiration of the restriction period. Furthermore, restrictions will be lifted if the recipients remain in their positions through the end of the fiscal year 2026, subject to certain conditions.
🟢 Confidence: High AI-translated content.