Source disclosure: March 06, 2026, 14:30 JST
Published by Pulse News Wire: March 06, 2026, 14:35 JST
NOZAWA CORPORATION [5237.T]
TOKYO, Mar 06 (Pulse News Wire) – NOZAWA CORPORATION (5237.T) announced changes to its employee share allocation plan originally disclosed on January 13, 2026. The adjustments were made due to modifications in the number of employees eligible for restricted stock grants and the total number of shares allocated.
Under the revised plan, the company will distribute 176,800 ordinary shares on March 26, 2026, compared to the initial plan of 133,000 shares. Each share will still be valued at ¥1,057, resulting in a total distribution amount of ¥186,877,600.
The shares will be granted to 316 employees across the company and its subsidiaries, up from the previously stated 323 employees. The purpose of the adjustment remains consistent with the original intent—to allocate restricted stock awards based on monetary compensation received by employees during the fiscal year ending March 31, 2027.
This includes both NOZAWA Corporation's employees and those of its subsidiary companies.
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