Source disclosure: January 22, 2026
NITCHO CORPORATION [2961.T]
TOKYO, Jan 22 (Pulse News Wire) – Nitcho Corporation (2961.T) announced today that its board of directors resolved to issue restricted shares to five directors as part of a new compensation program aimed at incentivizing long-term value creation. The issuance involves transferring 2,477 ordinary shares to the directors, with each share valued at ¥1,000 per share, totaling ¥2,477,000.
The payment-in date is set for February 20, 2026. Under the program, directors will receive equity-based compensation in lieu of monetary rewards, subject to restrictions on transfer until their directorship ends. The shares cannot be transferred, pledged, or otherwise disposed of during the restriction period from February 20, 2026, to the end of their tenure.
Restrictions will lift upon completion of service through the fiscal year ending September 2026, contingent on continued employment as a director throughout this period. In addition, the company will acquire any untransferred shares free of charge once the restriction period expires. Shares will be managed in dedicated accounts at Daiwa Securities Co., Ltd., ensuring compliance with the transfer limitations.
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