Menicon Plans Shareholder Meeting; Outlines New Stock Option Plan

TOKYO, May 13 (Pulse News Wire) – Menicon CO.,LTD. (7780.T) announced plans for its upcoming shareholder meeting scheduled for June 26, 2026.

At the meeting, shareholders will vote on reappointing eight directors and granting stock options to subsidiary executives and employees. The board also approved issuing up to 170 stock options to domestic resident subsidiary directors without charge. Each option grants the right to purchase ordinary shares at a price of ¥1 per share, exercisable until March 30, 2077.

Directors and employees must maintain their positions continuously during the exercise period to qualify. Additionally, Menicon intends to issue up to 560 stock options to non-resident subsidiary executives and employees. These options allow purchasing ordinary shares at a price of ¥1 per share, valid until March 30, 2078.

Exercise eligibility requires continuous employment status throughout the designated period.