TAKARA STANDARD CO.,LTD. [7981.T]
TOKYO, Jun 24 (Pulse News Wire) – Takara Standard CO.,LTD. (7981.T) resolved to distribute restricted shares as part of its stock compensation program during its board meeting held today.
The distribution will take place on July 17, 2026, involving 6,694 ordinary shares valued at ¥1,000 per share, totaling ¥6.69 million. The shares will be allocated to three directors and 18 executive officers and fellows. The purpose of this initiative is to incentivize continuous improvement in corporate value among executives while fostering greater alignment with shareholders' interests. Under the approved equity incentive plan, eligible directors will receive restricted shares based on their contributions within the framework set by the company's 152th annual general meeting held .
The total monetary compensation amounting to ¥6.69 million will be converted into restricted shares through direct issuance. The restricted shares come with conditions prohibiting transfers until the recipients cease their roles as directors, executive officers, or fellows. In case of premature departure, the company reserves the right to reclaim the shares without compensation. Additionally, the shares will be managed through accounts established with SMBC Nikko Securities, ensuring compliance with the restrictions until lifted upon completion of service requirements or organizational changes.
This move reflects the company’s commitment to aligning executive performance with long-term shareholder value, reinforcing its strategic focus on sustainable growth and governance standards.
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