Musashi Seimitsu Industry Issues Restricted Share Awards
TOKYO, Jul 24 (Pulse News Wire) – Musashi Seimitsu Industry CO.,LTD. (7220.NG) completed the subscription process for restricted share awards.
The issuance was previously announced on June 26, 2026. Key details of the share issuance include: - Issue date: July 24, 2026 - Type of shares: Ordinary shares - Number of shares: 14,300 - Price per share: ¥3,970 - Total issue value: ¥56.8 million The restricted shares were awarded to six directors (excluding audit committee members) and two audit committee members, totaling 8,200 ordinary shares for internal directors and 2,800 for external directors.
Additionally, 4,700 shares were allocated to 11 executive officers who do not hold director positions. Among the recipients, four out of six directors and two out of two audit committee members are external appointees, receiving 2,800 and 1,400 shares respectively.
