Source disclosure: January 13, 2026
NOZAWA CORPORATION [5237.T]
TOKYO, Jan 13 (Pulse News Wire) – NOZAWA CORPORATION (5237.T) resolved today to grant restricted shares to its employees as part of its incentive program aimed at enhancing corporate value and fostering closer alignment with shareholders. The company plans to distribute ordinary shares totaling 133,000 on March 26, 2026, with each share valued at ¥1,057.
The distribution will benefit 323 employees based on their contributions to the employee stock ownership plan. Under the agreement, the restricted shares will be subject to a holding period until July 1, 2026, or upon the employee's departure from the company, whichever comes later.
Full transferability will be granted after the completion of the designated service period ending on March 31, 2027. Additionally, NOZAWA CORPORATION will acquire unclaimed shares free of charge if an employee leaves during the restriction period without valid reasons such as death or retirement due to health issues, as determined by the board.
Shareholders will manage their allocated shares through SMBC Nikko Securities according to the company’s instructions.
AI-translated content. 🟡 Confidence: Standard See terms • Original filing