Tanaka Seimitsu Kogyo to Distribute Restricted Shares to Executives on July 14

TOKYO, Jun 24 (Pulse News Wire) – Tanaka Seimitsu Kogyo CO.,LTD. (7218.T) resolved to distribute restricted shares to executives on July 14, 2026.

The distribution involves 18,500 ordinary shares valued at ¥990 per share, totaling ¥30.4 million. Three directors and six executive officers will receive these shares as part of their compensation package aimed at incentivizing long-term value creation and aligning interests with shareholders. The restricted shares come with conditions stipulated in a contract signed between the company and recipients. The restriction period runs from July 14, 2026, until the recipient's departure from any position within the company.

During this period, recipients cannot sell, pledge, or gift the shares without approval from the board. In case of early resignation or retirement, the company reserves the right to reclaim the shares free of charge. Additionally, the restrictions will be lifted upon continuous service through the next scheduled general meeting of shareholders. Should a recipient retire prematurely due to valid reasons recognized by the board, partial lifting of restrictions will apply based on tenure served.

All shares will be managed through accounts set up with SMBC Nikko Securities according to the company’s specifications.