Isewan Maritime Transport Completes Restricted Share Distribution

TOKYO, Jul 31 (Pulse News Wire) – Isewan Maritime Transport (9359.NG) completed the payment procedures for restricted share distributions as part of its stock compensation program on July 31, 2026. According to the resolution made during the board meeting held on July 10, 2026, the company distributed ordinary shares worth ¥982 per share to three directors and eighteen executive officers.

In total, the company disposed of 56,914 shares, amounting to a distribution value of ¥55.9 million. Directors received 18,736 shares collectively, while the remaining shares were allocated to executive officers.

Notably, external directors were excluded from this distribution. This completion marks the fulfillment of the previously announced plan detailed in the July 10 press release titled “Notice Regarding Restricted Share Distribution.” For further specifics, interested parties should refer to the aforementioned document.