TOKYO, Mar 30 (Pulse News Wire) – Daitron CO.,LTD. (7609.T) announced today that its board of directors resolved to distribute own shares based on a performance-based compensation plan.
The distribution, scheduled for May 29, 2026, involves issuing 5,900 ordinary shares to executives and directors. Each share will be valued at [NUM_1]. Under the plan, two executive officers, two appointed executive officers, five employment-linked executive officers, and twelve directors will receive a total of [NUM_2] through the issuance of shares.
The purpose of this initiative is to align executive compensation more closely with company performance and stock value, thereby incentivizing sustained improvement in corporate value and fostering greater alignment with shareholders' interests. Details of the Distribution: - Pay-in Date: May 29, 2026 - Number of Ordinary Shares: [NUM_8] - Total Value of Distribution: [NUM_2] - Intended Recipients: Two executive officers, two appointed executive officers, five employment-linked executive officers, and twelve directors This decision follows previous resolutions made during the company's regular general meetings held in February 2024 and March 2024, which approved the framework for distributing shares linked to performance targets. Additionally, the transition from a board of auditors to an audit committee structure was completed in March 2025, maintaining continuity in the performance-based compensation system.
The valuation of the shares for this distribution is determined by the closing price of Daitron’s ordinary shares on the Tokyo Stock Exchange on March 27, 2026, which is considered a fair representation of the company's market value without favoring any particular recipient.
🟡 Confidence: Standard AI-translated content.