Kyoto Kimono Yuzen Holdings to Distribute Restricted Shares to Executives

TOKYO, Jul 17 (Pulse News Wire) – Kyoto Kimono Yuzen Holdings CO.,LTD. (7615.T) announced that it will distribute restricted shares to two executives on August 14, 2026.

The distribution involves ordinary shares worth ¥4.0 million in total, with each share priced at ¥99. The shares will be distributed as part of a long-term incentive program aimed at aligning executive interests with shareholder value. Under the program, executives must hold onto their shares until they leave their positions within the company or its subsidiaries.

In case of early departure without valid reasons, the company reserves the right to reclaim the shares. Additionally, Nomura Securities will manage the shares during the restriction period to ensure compliance with the agreement. This distribution follows the approval of the company's 56th fiscal year compensation plan, which includes cash awards converted into equity holdings.

The share price was determined based on the closing price of July 16, 2026, on the Tokyo Stock Exchange Standard Board, ensuring fairness and transparency in the valuation process.