Yamada Holdings to Issue Restricted Shares as Compensation on July 24

TOKYO, Jun 26 (Pulse News Wire) – Yamada Holdings CO.,LTD. (9831.T) announced plans to issue restricted shares as part of its compensation program on June 26, 2026.

The company's board of directors approved the issuance of 542,459 ordinary shares to eligible executives and directors on July 24, 2026, with each share valued at ¥661. The total value of the transaction is ¥358.8 million. Under the revised incentive plan, which was approved during the regular shareholders' meeting held on June 27, 2024, Yamada Holdings aims to enhance long-term motivation among key personnel while fostering greater alignment with shareholder interests.

The restricted shares come with a lock-up period lasting until July 23, 2086, subject to conditions such as continued employment within the group. Additionally, the company entered into agreements with recipients stipulating that shares will remain locked up unless certain conditions are met, including continuous service with Yamada Holdings or its subsidiaries throughout the restriction period. In cases of early departure due to reasons other than retirement or death, Yamada Holdings retains the right to reclaim the shares without compensation.