YOSHINOYA HOLDINGS CO.,LTD. [9861.T]
TOKYO, May 29 (Pulse News Wire) – Yoshinoya Holdings CO.,LTD. (9861.T) resolved at its board meeting held on May 29 to sell restricted shares on June 25, 2026.
The sale involves ordinary shares totaling 12,133 at a price of ¥3,172 per share, resulting in a total amount of ¥38.5 million. This transaction is part of a long-term incentive program introduced in April 2017 aimed at aligning executive interests with shareholder value. Under this plan, executives receive cash compensation up to ¥100 million annually, which is used to acquire restricted shares. These shares cannot be transferred until the executive leaves their position at the company or its subsidiaries.
The restricted shares being sold were acquired through the issuance of cash compensation bonds to eight designated executives. The company also clarified that the sale adheres to fair valuation principles, setting the selling price based on the closing stock price on May 28, 2026, which was ¥3,172. In addition, the company outlined conditions for lifting restrictions on these shares, such as continued employment during the restriction period and automatic acquisition by the company if certain conditions are met. Shares will be managed by Nomura Securities throughout the restriction period to ensure compliance with the agreement.
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