JRC Completes Restricted Share Award Payment

TOKYO, Jul 10 (Pulse News Wire) – JRC CO.,LTD. (6224.T) completed the payment process for restricted share awards to its directors and those of its subsidiaries, as decided during the June 12 board meeting.

The transaction involved the issuance of ordinary shares worth ¥1,252 per share, totaling ¥28.6 million. In total, five directors of JRC CO.,LTD.

Received 16,370 shares, while five directors of its subsidiaries received 6,453 shares. The shares are subject to transfer restrictions.

Details of the award distribution can be found in the June 12 press release titled “Notice Regarding the Disposal of Own Shares as Restricted Share Awards.” This move aligns with JRC's strategy to incentivize its leadership through equity-based compensation, ensuring long-term commitment and performance alignment.