TOKYO, Jun 26 (Pulse News Wire) – Ukai CO.,LTD. (7621.T) announced that its board of directors held on June 26 decided to issue restricted shares to five directors and eight executives.
The issuance will take place on August 3, 2026, with a total of 1,000 ordinary shares being distributed. Each share will be priced at ¥3,300, based on the closing price of UKAI's stock on the Tokyo Stock Exchange on June 25, 2026. This move follows the introduction of a restricted share compensation system aimed at incentivizing long-term value creation and fostering greater alignment with shareholders. Under this system, directors and executives will receive monetary compensation bonds which will be used as capital contributions to acquire UKAI’s ordinary shares.
The restriction period for these shares runs from the payment date until the respective director or executive loses their position within the company. In addition, the company resolved to implement a similar restricted share granting scheme for its executive officers. The total amount of monetary compensation bonds for directors and executives combined is set at 33 million yen, with each bond valued at ¥33,000. The number of shares allocated will be determined based on various factors including the performance of the company and the responsibilities of the recipients.
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