TOKYO, Jun 26 (Pulse News Wire) – Hanwa CO.,LTD. (8078.T) resolved to issue restricted shares to its executives and board members as part of its incentive program aimed at aligning interests with shareholders.
The company plans to distribute 91,384 ordinary shares worth ¥152,980,000 on July 22, 2026, with each share priced at ¥1,674 based on the closing price of June 25, 2026. The shares will be granted to six executive directors and eighteen officers, subject to restrictions until their positions are lost or through March 2027.
Under the agreement, recipients cannot sell, pledge, or otherwise dispose of the shares during the restriction period. Full transferability will be restored upon completion of service requirements or due to death or other valid reasons recognized by the board.
Additionally, Hanwa retains the right to reclaim the shares free of charge if the conditions are not met.
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