Source disclosure: January 20, 2026
KONAKA CO.,LTD. [7494.T]
TOKYO, Jan 20 (Pulse News Wire) – Konaka CO.,LTD. (7494.T) announced today that it will distribute restricted shares to its executives on February 19, 2026.
The distribution involves 1,000,000 ordinary shares at a price of ¥1,000 per share, totaling ¥1,000,000,000. The shares will be distributed among four directors, six executive officers who do not hold director positions, and sixteen department heads, amounting to 63,232 shares. This move follows a resolution made during a board meeting held, aimed at incentivizing long-term value creation and fostering greater alignment with shareholders. The restricted shares will be subject to vesting conditions tied to continued service within predefined roles until the end of the restriction period, which begins on February 19, 2026.
Under the agreement, the restrictions will lift upon completion of the designated service period or earlier due to retirement or resignation. In cases of premature departure, the number of unrestricted shares will be prorated based on the duration of service. Additionally, Konaka reserves the right to reclaim shares without compensation if certain violations occur during the restriction period. The shares will be managed through dedicated accounts set up with Nomura Securities to ensure compliance with the restrictions.
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