TOKYO, May 29 (Pulse News Wire) – Scroll Corporation (8005.T) resolved today to distribute restricted shares as part of its equity compensation program. The distribution, set for June 30, 2026, involves issuing ordinary shares worth ¥1,626 per share, totaling ¥201.6 million.
The shares will be distributed among 86 individuals, including directors, group officers, segment officers, and employees of the company and some subsidiaries. The purpose of this distribution is to incentivize continued performance and align interests with shareholders. Under the agreement, recipients will hold the shares until their positions terminate due to retirement, resignation, or other valid reasons within the restriction period.
In such cases, the restrictions will be lifted based on the number of months served during the vesting period, calculated up to a maximum of 12 months. Additionally, the company noted that it will acquire the shares without payment if the recipient engages in illegal activities or breaches the agreement during the restriction period. The shares will also be managed through a dedicated account at Nomura Securities to ensure compliance with the restrictions.
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