Source disclosure: January 29, 2026
TORQ Inc. [8077.T]
TOKYO, Jan 29 (Pulse News Wire) – TORQ Inc. (8077.T) announced decisions made during its January 29 board meeting to grant restricted shares and issue stock options to executives.
On February 26, 2026, the company will distribute ¥1.2 million ordinary shares to two unnamed directors at ¥1,000 per share, totaling ¥1.2 billion. This move aims to incentivize long-term performance improvement among executives while fostering greater value-sharing with shareholders. Under the newly introduced restricted share program, eligible directors will receive monetary compensation bonds annually up to ¥10.2 million, which will be converted into up to 80,000 ordinary shares based on prevailing market prices.
Share restrictions will remain until the director's departure from their position. Additionally, the company resolved to offer stock options to two non-audit committee directors, granting them rights to purchase 100,000 ordinary shares each upon exercise. The total number of stock options issued will be adjusted according to corporate actions such as mergers or splits.
Exercise conditions require holders to maintain their positions within the company, with exceptions for legitimate reasons like retirement.
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