Sanoyas Holdings Corporation [7022.T]
TOKYO, Jun 23 (Pulse News Wire) – Sanoyas Holdings Corporation (7022.T) resolved today during its board meeting to issue restricted share awards as part of its compensation plan. The issuance will take place on July 17, 2026, involving 111,801 shares of common stock for three directors and 196,695 shares for executives and subsidiary directors.
Each share will be priced at ¥1,000, totaling ¥208.50 million. This initiative aims to incentivize long-term value creation within the group while fostering alignment between management and shareholders through direct equity holdings. The program was introduced in March 2020 and approved by shareholders in June 2020.
It allows for up to 111,801 shares per director annually, subject to a cap of 111,801 shares total over the restriction period. The restriction period spans from July 17, 2026, to July 16, 2056, barring certain conditions such as voluntary resignation or organizational restructuring events. Under the agreement, recipients must hold their shares until the end of the restriction period, with exceptions made for valid reasons determined by the board.
Shares will be managed through SMBC Nikko Securities, ensuring compliance with stipulated holding requirements.
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