Source disclosure: January 15, 2026
CANDEAL Co., Ltd. [1446.T]
TOKYO, Jan 15 (Pulse News Wire) – Candeal CO.,LTD. (1446.T) announced that its board of directors held , approved the distribution of restricted shares as part of executive compensation.
The company plans to distribute 1,000,000 ordinary shares on February 13, 2026, at a price of ¥1,000 per share, totaling ¥1,000,000,000. This move is aimed at incentivizing executives to enhance corporate value sustainably. The restricted shares will be granted to 16 individuals, including four company directors, 11 subsidiary directors, and one company officer.
The shares come with restrictions prohibiting their sale until February 12, 2056, for company directors and February 12, 2029, for company officers. Restrictions will lift upon continued employment during the restriction period or earlier under certain conditions such as death or retirement due to valid reasons recognized by the board. The valuation of the distributed shares was determined based on the closing price of CANDEAL's ordinary shares on the Tokyo Stock Exchange's Standard Shijou on January 14, 2026, which was set at ¥1,000.
This reflects fair market value and ensures transparency in the process.
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