TOKYO, Jun 25 (Pulse News Wire) – Daito Koun CO.,LTD. (9367.T) announced plans to distribute restricted shares as part of its incentive program aimed at enhancing long-term corporate value and fostering greater alignment with shareholders.
On July 23, 2026, the company will issue ordinary shares worth up to ¥1,819 per share, totaling ¥12.2 million. The awards will go to four directors and one executive officer, amounting to 5,942 shares in total. Under the newly implemented restricted stock award system, recipients must hold onto their shares until they cease serving in designated positions within the company.
Restrictions on transferring these shares will remain in place until the recipient leaves their position, subject to adjustments based on reasonable criteria. In case of misconduct during the restriction period, the company reserves the right to reclaim the shares without compensation. Additionally, the distribution price was determined based on the closing price of Daito Koun's ordinary shares on the Tokyo Stock Exchange on June 24, 2026, ensuring fairness and avoiding preferential treatment.
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