Nippon Seiki Completes Restricted Share Disposition

TOKYO, Jul 17 (Pulse News Wire) – Nippon Seiki CO.,LTD. (7287.T) completed the disposition of restricted shares as part of its equity compensation program .

The transaction involved the distribution of ordinary shares totaling 6,786 to four directors and six executive officers. Each share was sold at a price of ¥2,531 per share, resulting in a total disposition value of ¥17.2 million.

Details of the transaction were previously disclosed in a June 26 press release following approval by the board of directors on the same day. This move aligns with NIPPON SEIKI's strategy to implement equity-based incentives for key personnel, fostering long-term commitment and performance alignment among executives and directors.