KIMURA UNITY CO.,LTD. [9368.T]
TOKYO, Jun 18 (Pulse News Wire) – Kimura Unity CO.,LTD. (9368.T) resolved today to issue restricted shares as compensation to its executives.
The resolution was made during a board meeting held. Under the plan, 25,400 ordinary shares will be distributed among six directors on July 17, 2026, at a price of ¥860 per share, totaling ¥26.8 million. Additionally, the company will grant stock options worth ¥26.8 million to six directors and six management personnel, resulting in the allocation of 31,200 ordinary shares. The distribution is intended to align executive interests with shareholder value and enhance contributions towards increasing the company's stock price and overall enterprise value.
The restricted shares come with conditions prohibiting their sale until certain milestones are met. Specifically, the shares cannot be transferred, pledged, or gifted to others within the restriction period, which ends either upon the director’s departure or completion of their tenure up to March 31, 2027. In cases where the restrictions are lifted early due to continued service, the number of shares eligible for unrestricted trading is calculated based on months served, divided by 12. Any remaining restricted shares will revert to the company free of charge upon termination of employment.
Furthermore, should significant organizational changes such as mergers or spin-offs occur during the restriction period, the company reserves the right to lift restrictions earlier than scheduled, subject to approval by the board or shareholders.
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