Source disclosure: January 21, 2026
OKANO VALVE MFG.CO.LTD. [6492.T]
TOKYO, Jan 21 (Pulse News Wire) – Okano Valve Mfg.co.ltd. (6492.T) announced today that its board of directors, held, approved the distribution of restricted shares to five executives.
The distribution will take place on February 20, 2026, involving 1,000 ordinary shares per executive at a price of ¥1,000 per share, totaling ¥1 million. This move is part of a new compensation system aimed at incentivizing long-term value creation and fostering greater alignment with shareholders' interests. Under this scheme, executives receive restricted stock awards tied to their performance and tenure within the company.
The shares come with restrictions prohibiting transfers until the end of a designated holding period, which begins upon receipt of the shares and ends after the executive leaves certain positions within the company. In addition, the company noted that if an executive violates laws during the restriction period or fails to meet stipulated conditions, the company reserves the right to reclaim the shares without compensation. The shares will also be managed through a dedicated account at Nomura Securities to ensure compliance with the restrictions.
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