Shoei Yakuhin Grants Restricted Shares to Executives

TOKYO, Jul 17 (Pulse News Wire) – Shoei Yakuhin CO.,LTD. (3537.T) announced that it has resolved to grant restricted shares as part of its long-term incentive program.

On August 17, 2026, the company will issue 7,500 ordinary shares to three executives at a price of ¥1,655 per share, totaling ¥12.4 million. The shares will be granted in exchange for a total monetary compensation of ¥12.4 million. Under the restricted stock award agreement, the recipients cannot sell, pledge, or otherwise dispose of the shares during the restriction period from August 17, 2026, until their resignation or retirement as directors. The restrictions will lift upon continuous service as a director through June 25, 2027.

In case of death, term expiration, or other valid reasons leading to resignation within this period, partial lifting of restrictions will occur based on the duration of service. Additionally, the company retains the right to acquire the untransferred shares free of charge upon the end of the restriction period. During the restriction period, the shares will be managed in a dedicated account opened at Nomura Securities Co., Ltd. for each recipient.

Any organizational restructuring approved by the board or shareholder meeting may also lead to early lifting of restrictions according to predefined criteria.