Source disclosure: February 26, 2026, 18:30 JST
TOSEI CORPORATION [8923.T]
TOKYO, Feb 26 (Pulse News Wire) – TOSEI CORPORATION (8923.T) resolved today to grant restricted shares to its executives and outside directors based on performance-linked share award programs approved earlier. Under Program I, ordinary shares worth ¥59.6 million will be distributed among six internal directors, while Program II awards 609 shares to three external directors.
Payment for these shares will be made on March 25, 2026, with the price per share set at ¥1,634. Program I aims to align executive compensation with company performance and stock value, providing incentives for sustained corporate growth.
It includes restrictions on transferring shares until March 25, 2026, contingent upon meeting certain performance targets during the evaluation period from December 1, 2024, to November 30, 2025. Under Program II, external directors receive shares conditional on continuous service and achieving specific performance criteria.
Restrictions on these shares also apply until March 25, 2026, ensuring alignment with long-term corporate objectives.
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