Kimura Kohki Introduces Restricted Share Compensation Plan

TOKYO, May 15 (Pulse News Wire) – Kimura Kohki CO.,LTD. (6231.T) announced today that its board of directors has approved the introduction of a restricted share compensation plan aimed at enhancing long-term corporate value and fostering closer alignment with shareholders.

The plan, which involves granting restricted shares to executives based on monetary compensation bonds, will be presented for shareholder approval at the 79th Ordinary General Meeting scheduled for June 19, 2026. Under the new scheme, eligible directors will receive monetary compensation bonds within an annual limit of ¥100 million. These bonds will be converted into restricted shares through physical contribution, subject to conditions such as agreeing to the terms outlined in the restricted share allocation agreement.

The total number of restricted shares allocated annually will not exceed 10,000. The restricted shares come with limitations on transferability during the restriction period, which ends upon the director's continued service until the next ordinary general meeting. In cases of resignation without valid reasons or failure to meet the tenure requirements, the company reserves the right to reclaim the shares.

Additionally, adjustments to the number of restricted shares may be made in scenarios involving significant organizational restructuring or mergers.