Source disclosure: February 24, 2026
Takemoto Yohki Co.,Ltd. [4248.T]
TOKYO, Feb 24 (Pulse News Wire) -- Takemoto Yohki Co., Ltd. (4248.T), represented by President Director and CEO Satsuki Takeda, announced on Friday that its board of directors had approved the introduction of restricted stock compensation for audit committee members. The company plans to submit this proposal to its 75th Annual General Meeting of Shareholders scheduled for March 24, 2026.
The new restricted stock compensation system aims to provide incentives for sustainable growth in corporate value and promote greater alignment between management and shareholders. Similar to previous initiatives introduced in 2024 for non-audit committee directors, this program seeks to enhance long-term shareholder value through performance-based rewards. Under the proposed scheme, eligible directors will receive restricted shares as part of their remuneration package, subject to approval by shareholders during the upcoming meeting.
Specifically, the plan allows for the issuance or distribution of up to 10,000 ordinary shares annually, with an aggregate annual value not exceeding ¥10 million. This amount is separate from the existing cash compensation cap of ¥50 million per year set in 2016. The share price for any issuance under this program would be determined based on the closing price of Takemoto Yohki's shares on the Tokyo Stock Exchange on the business day immediately preceding the relevant board resolution date, adjusted within a range that does not favor the recipient unduly.
Moreover, the restricted period for these shares extends from the grant date until the director leaves their position as defined by the board. Any violations of laws, internal regulations, or the allocation agreement could result in the automatic forfeiture of such shares without compensation. Executives interested in further information can contact Executive Officer and Head of Corporate Planning Takuya Honda via telephone at 03-3845-6107.
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