CHUKYO IYAKUHIN CO.,LTD. [4558.T]
TOKYO, Jun 25 (Pulse News Wire) – Chukyo Iyakuhin CO.,LTD. (4558.T) resolved at a board meeting held on June 25, 2026 to issue restricted stock as compensation to three directors.
The issuance will take place on July 17, 2026, involving 12,444 ordinary shares at a price of ¥198 per share. This move follows the company's decision in May 14, 2021, to introduce a restricted stock compensation system aimed at enhancing long-term corporate value and shareholder returns while fostering greater alignment with shareholders. Additionally, the company received approval during its 43rd regular general meeting on June 25, 2021, to allocate up to 100 million yen annually in non-cash compensation bonds to eligible directors. Under the agreement, the restricted period begins on July 17, 2026 and ends upon the director’s departure from their position.
Directors who continue serving until March 2027 will fully lift restrictions on their allocated shares. In cases of early termination due to reasons deemed valid by the board, such as death, partial lifting of restrictions based on tenure will apply. Chukyo Iyakuhen will manage these restricted shares through a dedicated account at Nomura Securities to ensure compliance with the restrictions. Upon expiration of the restriction period or at designated times outlined in the contract, the company reserves the right to acquire unrestricted shares without payment.
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