SANWAYUKA INDUSTRY CORPORATION [4125.T]
TOKYO, Jun 19 (Pulse News Wire) – SANWAYUKA Industry Corporation (4125.T) resolved to issue restricted shares as part of its compensation program during a special board meeting held . The issuance involves 930 ordinary shares to be paid up on July 17, 2026, at a price per share of June 19, 2026.
The shares are intended to incentivize directors and executive officers who do not hold concurrent director positions, aiming to enhance their motivation and promote value-sharing with shareholders. Under the new compensation system, the total amount of monetary awards granted annually does not exceed July 17, 2026 and the number of ordinary shares issued does not exceed July 16, 2036. Additionally, the restricted shares come with a ten-year holding period, allowing transfers only upon certain conditions such as continued service with the company until retirement or resignation due to valid reasons.
In case of organizational restructuring, the restrictions may also be lifted based on specific criteria agreed upon by the board. The shares will be managed through a dedicated account opened with Nomura Securities Co., Ltd., ensuring compliance with the restriction agreements. The issuance price was determined based on the closing price of SANWAYUKA's ordinary shares on the Tokyo Stock Exchange Standard Market on June 18, 2026, which was considered reasonable and non-favorable.
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