TOKYO, Mar 16 (Pulse News Wire) – Shimamura CO.,LTD. (8227.T) resolved today to distribute restricted shares as part of its long-term compensation plan.
The company's board approved the distribution of ordinary shares worth ¥3,520 per share totaling ¥72.9 million to 15 executives on April 1, 2026. The shares will be subject to restrictions until the executives' tenure ends. During this period, the executives cannot sell, pledge, or gift the shares without approval.
In case of early termination of their roles, Shimamura reserves the right to reclaim the shares free of charge. Full lifting of restrictions requires continuous service through the end of the fiscal year. Shimamura introduced this scheme in May 2021 to align executive performance with shareholder interests and enhance long-term corporate value.
The amount allocated to each executive reflects their contributions to the company.
🟡 Confidence: Standard AI-translated content.