Sanyo Denki Completes Restricted Share Distribution for Executive Compensation

TOKYO, Aug 06 (Pulse News Wire) – Sanyo Denki CO.,LTD. (6516.T) completed the distribution of restricted shares as part of executive compensation on August 06, 2026.

The company had previously announced this plan on July 15, 2026. Details of the share distribution include: - Issue Date: August 06, 2026 - Type and Total Number of Shares Distributed: Ordinary Shares totaling 15,221 - Price per Share: ¥5,840 - Total Amount: ¥88.9 million The shares were allocated to four directors (excluding external directors) and eleven executives, amounting to 6,727 and 8,494 shares respectively.

This transaction marks the final step in the company's executive compensation strategy, ensuring alignment with long-term performance goals.