Source disclosure: February 13, 2026
B&P Co.,Ltd. [7804.T]
TOKYO, Feb 13 (Pulse News Wire) – B&P CO.,LTD. (7804.T) resolved today to distribute restricted shares as part of its executive compensation program.
The distribution will occur on March 6, 2026, involving 2,300 ordinary shares of the company. Each share will be valued at ¥1,000, resulting in a total value of ¥2,300,000. The shares will be allocated to three executives based on their contributions and various factors considered by the board. Under the agreement, the restricted shares cannot be transferred, pledged, or otherwise disposed of until the end of the restriction period, which begins on March 6, 2026.
The restriction period ends either upon the executives' departure from their positions or on February 1, 2027, whichever comes later. In case of early termination due to valid reasons, the company reserves the right to acquire the shares without payment. Additionally, the company will manage the restricted shares through SMBC Nikko Securities, ensuring compliance with the restrictions until lifted. Any organizational restructuring during the restriction period could lead to earlier lifting of restrictions and potential acquisition of shares by the company.
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