Sekisui Kasei Co.,Ltd. [4228.T]
TOKYO, Jun 23 (Pulse News Wire) – Sekisui Kasei CO.,LTD. (4228.T) resolved to distribute restricted shares to executives on July 22, 2026.
The resolution was made during a board meeting held. A total of 81,700 ordinary shares will be distributed, with each share valued at ¥569 based on the closing price on June 22, 2026. The total distribution amount is ¥46.5 million. Five directors (excluding external directors) will receive ¥25.0 million, while nine executive officers without director roles will receive ¥21.5 million. The shares will be transferred to these individuals as part of their compensation for the fiscal year ending March 2026.
This move aims to enhance alignment between executive performance and shareholder value, promoting long-term growth and increasing corporate worth. The distribution follows the approval of a new remuneration system involving restricted stock awards at the company's annual general meeting on June 24, 2020. Under this system, directors and non-director executive officers contribute monetary compensation bonds as capital contributions to acquire ordinary shares. The total number of shares issued annually does not exceed 150,000, with the per-share payment determined based on the previous trading day’s closing price on the Tokyo Stock Exchange. The restricted shares come with a vesting period of 30 years, ensuring continued engagement and commitment among key personnel.
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