Konishi to Distribute Restricted Shares on July 22

TOKYO, Jun 23 (Pulse News Wire) – Konishi CO.,LTD. (4956.T) resolved to distribute restricted shares on July 22, 2026, according to a resolution made during its board meeting held .

The distribution involves 65,300 ordinary shares valued at June 23, 2026 closing price of ¥1,458 per share. The shares will be distributed among 14 directors and executives, including five non-audit committee directors, four audit committee directors, and ten executive officers who do not hold director positions. The total value of the shares is ¥95.2 million. This move aims to enhance motivation and align interests with shareholders by providing performance-based compensation through restricted stock awards.

The restrictions on these shares last for 30 years, ending on July 21, 2056. During this period, recipients cannot sell, pledge, or otherwise dispose of the shares without approval. Additionally, the company's board will acquire any untransferred shares free of charge upon expiration of the restriction period. The shares will be managed by Nomura Securities in dedicated accounts to ensure compliance with the restrictions.