TOKYO, Mar 19 (Pulse News Wire) – Nippon Pallet Pool CO.,LTD. (469A.T) resolved today to issue restricted stock as compensation.
The issuance will take place on April 17, 2026, involving 1,253 shares for executives and 1,000 shares for employees, totaling 2,253 shares. The shares will be valued at ¥1,000 per share, resulting in a total issuance amount of ¥2,253,000. The purpose of this issuance is to incentivize directors and audit committee members to enhance long-term corporate value while fostering greater alignment with shareholders. Restricted stock I will have a two-year holding period ending April 16, 2028, with conditions tied to continued employment and meeting certain performance criteria.
Restricted stock II will also have a holding period but ends on November 30, 2027, with similar restrictions and conditions. Under the agreement, the company will acquire the shares free of charge if recipients cease their positions during the restriction period or fail to meet the stipulated conditions. Shares will be managed through Mizuho Securities Co., Ltd. according to the company's specifications.
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