Nihon Seiko TO ISSUE RESTRICTED STOCK AS COMPENSATION

TOKYO, Aug 06 (Pulse News Wire) – Nihon Seiko Co.,ltd (5729.T) resolved to issue restricted stock compensation to employees and subsidiary managers. The company will distribute 1,000,000 ordinary shares on September 25, 2026, at a price of ¥1,000 per share, totaling ¥1,000,000,000.

The shares will be granted to 74 employees and 18 subsidiary managers, excluding temporary staff and overseas residents. The purpose of this issuance is to enhance long-term employee retention and motivation, aligning their interests with those of shareholders. The restricted stock grants are part of a new compensation system aimed at sustaining corporate value and promoting shared value creation within the group.

The restricted period runs from September 25, 2026, until either the end of the manager's employment due to retirement or resignation, or the filing deadline for the semi-annual report. During this period, recipients cannot sell, pledge, gift, or otherwise dispose of the shares without permission. Upon completion of the restricted period, the restrictions will be lifted, allowing free trading of the shares.

In case of early termination of employment during the restriction period, the company will acquire the sharesfree of charge.