Source disclosure: February 20, 2026
KUMIAI CHEMICAL INDUSTRY CO.,LTD. [4996.T]
TOKYO, Feb 20 (Pulse News Wire) – Kumiai Chemical Industry CO.,LTD. (4996.T) announced plans to distribute restricted shares to executives on March 19, 2026.
The distribution involves 2,000,000 ordinary shares valued at ¥18,180 per share, totaling ¥36,360,000. The shares will be distributed among six non-outsider directors and eight executive officers who do not hold director positions. This move aims to enhance long-term incentives and promote value-sharing with shareholders.
The restricted period for these shares lasts until March 19, 2056, ensuring a commitment to the company's growth over three decades. In addition, the company established a new compensation system based on restricted stock awards, which was approved during its 72nd regular general meeting held on February 14, 2021. Under this system, directors and certain executive officers will receive cash rewards convertible into company shares, subject to restrictions on transferability for up to 30 years post issuance.
AI-translated content. 🟡 Confidence: Standard See terms • Original filing