Menicon Grants Equity Awards to Executives and Employees

TOKYO, Aug 03 (Pulse News Wire) – Menicon CO.,LTD. (7780.NG) finalized the issuance details of stock options granted to executives, directors, and employees as part of their equity compensation plan.

The decisions were made during the board meeting held on June 26, 2026. For the 34th tranche of subscription rights, 446 options were allocated across five executive officers, two directors, and sixteen employees. Each option carries a payment amount of ¥115,800 per share (equivalent to ¥1,158). Recipients will receive monetary compensation equivalent to the total payment amount, which will offset their obligation to make payments, thus eliminating the need for cash payment. In the 35th tranche, 102 options were distributed among one executive officer and four employees.

Similar to the previous tranche, each option also comes with a payment amount of ¥115,800 per share (equivalent to ¥1,158), allowing recipients to offset their obligations through monetary compensation. Additionally, Menicon approved the issuance of subscription rights to directors of subsidiary companies residing within Japan. In the 36th tranche, 158 options were allotted to seven directors, with no requirement for monetary payment. Lastly, for the 37th tranche targeting non-resident directors and employees of subsidiary companies, 517 options were granted without any monetary payment requirements. All decisions related to these issuances were confirmed during the board meetings held on June 26, 2026, following shareholder resolutions passed on May 13, 2026.