Nishikawa Rubber Completes Share Issuance for Executive Compensation

TOKYO, Aug 07 (Pulse News Wire) – Nishikawa Rubber CO.,LTD. (5161.T) completed the issuance of restricted shares as part of executive compensation on August 07, 2026.

According to the resolution made during the board meeting held on July 16, 2026, the company distributed ordinary shares totaling 19,300. Each share was valued at ¥3,170 per unit, resulting in a total issuance value of ¥61.2 million. The shares were allocated to three non-audit committee directors and nine executives.

Specifically, the non-audit committee directors received 11,800 shares, while the executives collectively received 7,500 shares. This issuance follows the initial announcement dated July 16, 2026, which detailed the distribution plan for the restricted stock awards. For more comprehensive details, interested parties should refer to the previous disclosure released on July 16, 2026.