TOKYO, Jun 25 (Pulse News Wire) – Kensoh CO.,LTD. (7939.T) resolved to issue restricted share awards to executives on July 24, 2026.
The company plans to distribute 12,157 ordinary shares at a price of ¥576 per share, totaling ¥7.0 million. The shares will be granted to five non-audit committee directors as part of the company's incentive program aimed at enhancing long-term value and fostering greater alignment with shareholders. Under the restricted stock award system introduced in 2021, Kensoh grants equity-based compensation to non-outsider directors annually within limits set by shareholder approval. Each director receives their allocation based on performance and responsibilities.
The restricted period lasts until retirement, ensuring sustained motivation and accountability. In addition, Kensoh signed individual restricted stock grant agreements with the recipients. Key provisions include a prohibition on transferring the shares during the restriction period and automatic forfeiture upon termination without cause. The agreements also outline conditions for early release and management of the shares through Nomura Securities' dedicated accounts.
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