Kuroda Precision Industries Completes Subscription for Restricted Share Awards

TOKYO, Jul 24 (Pulse News Wire) – Kuroda Precision Industries Ltd. (7726.T) completed the subscription process for restricted share awards.

The issuance was approved during the board meeting held on June 26, 2026, and involves the allocation of ordinary shares to five executives as part of their compensation package. Under the terms of the agreement, the company issued 14,237 ordinary shares at a price of ¥1,527 per share, resulting in a total issue amount of ¥21.7 million.

The shares come with transfer restrictions and were allocated through a cash-based method. This move aligns with the company's strategy to incentivize key management personnel while adhering to regulatory requirements for executive compensation.

Further details regarding the issuance can be found in the notice released on June 26, 2026.