TAKARA STANDARD CO.,LTD. [7981.T]
TOKYO, Apr 30 (Pulse News Wire) – Takara Standard CO.,LTD. (7981.T) announced today that its board of directors has approved the introduction of a restricted share compensation plan aimed at incentivizing executive performance and enhancing shareholder value.
The plan will be presented to shareholders for approval at the company's 152nd annual general meeting scheduled for June 24, 2026. Under the plan, eligible executives will receive restricted shares based on cash compensation within the annual limit of ¥400 million (excluding external directors' portion of ¥30 million). The restricted shares will be subject to vesting conditions tied to continued service until the next annual general meeting.
Any unvested shares will revert to the company upon termination of employment without valid reasons. The total number of restricted shares allocated annually is set at 50,000. Adjustments to the allocation will be made in case of stock splits or mergers affecting the company’s equity structure post-resolution date.
Additionally, the company plans to extend similar arrangements to its executive officers and executive fellows following the AGM conclusion.
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