TOKYO, Jun 26 (Pulse News Wire) – Nintendo CO.,LTD. (7974.T) announced that its board of directors decided to distribute restricted shares to executives on July 24, 2026.
The distribution involves 44,500 ordinary shares at a price of 1 share per ¥6,859. The total amount of the transaction is ¥305.2 million. Under the Share Restriction Compensation System introduced in June 2022, the company plans to grant restricted shares to non-audit committee and external directors, totaling 6 individuals, and non-executive officers who do not concurrently hold director positions, totaling 7 individuals. The system was approved during the 82nd Ordinary General Meeting of Shareholders held in October 2022 and revised during the 86th Ordinary General Meeting of Shareholders in June 2022.
Each recipient will make a cash contribution equivalent to their compensation, which will be used to acquire the restricted shares. The shares cannot be transferred or pledged until July 24, 2026, or until the executive ceases to serve as a director or officer. In case of early termination due to reasons such as retirement, illness, or death, the restrictions will be lifted proportionally based on the duration served. Additionally, the company will manage the restricted shares through a dedicated account opened at Nomura Securities to ensure compliance with the restrictions.
Any violation of the agreement could result in the company acquiring the sharesfree of charge.
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