TOKYO, May 18 (Pulse News Wire) – 5075.T announced today that its board of directors approved the issuance of restricted shares as part of a share-based compensation program. The new shares will be paid up on June 16, 2026, and consist of ordinary shares totaling 10,000.
Each share will be issued at a price of ¥1,337 per share, amounting to a total value of ¥13.4 million. The shares will be allocated to three directors who will contribute their cash compensation bonds totaling ¥13.4 million as consideration. Under the program, the restricted shares will be subject to a holding period beginning on June 16, 2026, until the directors lose their positions within the company or its subsidiaries.
After one year, the restrictions will lift upon continued service as a director, executive officer, or employee. In case of resignation during the term, the company reserves the right to either acquire the shares free of charge or adjust the number based on the tenure ratio. The shares will be managed through a dedicated account at a securities firm designated by the company during the restriction period.
Additionally, in the event of significant organizational restructuring, such as mergers or spin-offs, the restrictions may be lifted earlier based on the duration of the director's service prior to the restructuring.
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