Nakamuraya Approves Restricted Share Distribution to Executives

TOKYO, Jun 26 (Pulse News Wire) – Nakamuraya CO.,LTD. (2204.T) announced today that its board of directors approved the distribution of restricted shares to executives as part of a new compensation program aimed at incentivizing long-term value creation.

The company plans to distribute ordinary shares totaling 5,479 on July 24, 2026, with each share valued at ¥3,160. The total amount of the distribution is ¥17.3 million. This initiative includes granting three directors and nine executive officers restricted shares based on their monetary compensation rights totaling ¥17.3 million.

These shares will be distributed through a physical contribution method, resulting in the issuance of 5,479 restricted shares. The restricted shares cannot be transferred until July 24, 2027, contingent upon continued service as either a director or executive officer during the fiscal year ending March 2027. Under the agreement, the restricted shares will be managed in a dedicated account at Nomura Securities Co., Ltd., ensuring compliance with the restrictions.

Additionally, should the company undergo significant organizational changes such as mergers or spin-offs, the restrictions on these shares could be lifted prior to the effective date of such changes, subject to approval by the board of directors.