Secom to Issue Restricted Shares to Executives on July 24

TOKYO, Jun 26 (Pulse News Wire) – Secom CO.,LTD. (9735.T) resolved to issue restricted shares to six executives on July 24, 2026.

The company plans to distribute ordinary shares totaling 11,432 at a price of ¥6,374 per share, resulting in a total issuance value of ¥72.9 million. This move follows resolutions made during previous shareholder meetings aimed at incentivizing long-term performance and aligning executive interests with those of shareholders. In 2017, the company introduced a restricted stock compensation system, which was further refined in 2021 to extend the restriction period until the executive's departure from their position.

Under the agreement, the restricted shares cannot be transferred or used as collateral until the end of the restriction period, which begins on the distribution date and ends upon the executive’s retirement or resignation. Additionally, the company retains the right to reclaim shares if the executive violates the agreement or engages in activities detrimental to the company. The issuance price was determined based on the closing price of SECOM's ordinary shares on the Tokyo Stock Exchange on June 25, 2026, ensuring fairness and transparency in the process.