TOKYO, Jun 25 (Pulse News Wire) – Sankyu INC. (9065.F) announced that its board of directors approved a restricted share award program aimed at incentivizing long-term value creation among executives.
Under the plan, the company will distribute ordinary shares totaling 18,110 to its internal directors and executive officers on July 24, 2026. The distribution price per share is set at ¥8,629, resulting in a total amount of ¥156.3 million. Additionally, external directors will receive 800 shares each. The purpose of the program is to align executives' interests with those of shareholders through performance-based incentives.
Shares awarded under this scheme will be subject to restrictions until the recipients retire or resign from their positions within the company or its subsidiaries. In case of premature departure without valid reasons, the company reserves the right to reclaim the shares. The company also noted that the valuation basis for the share distribution was determined based on the closing price of Sankyuu's ordinary shares on the Tokyo Stock Exchange on the day preceding the board meeting, which was ¥8,629 per share. This price reflects a fair market value and does not confer any undue advantage.
This initiative underscores Sankyuu’s commitment to fostering sustained growth and enhancing shareholder value over the long term.
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