Dainichi Completes Share Issuance Under Restricted Stock Award Plan

TOKYO, Aug 07 (Pulse News Wire) – Dainichi CO.,LTD. (5951.T) completed the issuance of restricted stock awards to five directors on August 07, 2026.

The issuance was approved during the board meeting held on July 10, 2026. A total of 30,400 ordinary shares were distributed, with each share valued at ¥1,130. The total value of the issuance amounted to ¥34.4 million.

Excluded from the distribution are directors who serve as audit committee members. The recipients of the restricted stock awards are the company’s five non-audit committee directors. This issuance follows the detailed announcement made on July 10, 2026, which provides further specifics on the transaction.