TSURUMI MANUFACTURING CO.,LTD. [6351.T]

TOKYO, May 12 (Pulse News Wire) – Tsurumi Manufacturing CO.,LTD. (6351.T) plans to issue restricted stock as part of its employee incentive program.

The company intends to distribute shares through its Employee Shareholding Association, subject to certain transfer restrictions, to support employees' asset formation and enhance their awareness of the company's performance and share price. This initiative aims to align employees with shareholders in promoting sustained enterprise value growth.

Additionally, TSURUMI Manufacturing plans to integrate the issuance of restricted stock with its human resources evaluation system to further encourage long-term contributions towards the company’s growth and value enhancement. Specific details of the stock distribution will be communicated promptly once finalized.

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