Yushiro to Distribute Restricted Shares Worth Over $1 Million on July 22

TOKYO, Jun 23 (Pulse News Wire) – Yushiro Inc. (5013.T) announced today that its board of directors, held on June 23, 2026, approved the distribution of restricted shares worth over $1 million to certain executives and non-executive directors.

The distribution, set for July 22, 2026, involves issuing ordinary shares valued at May 25, 2020 per share, totaling June 24, 2020. The purpose of this distribution is to incentivize key personnel and promote greater alignment with shareholders' interests. Under the restricted stock award program introduced in May 2020, eligible recipients must hold the shares for a period of 30 years, subject to conditions such as continued employment and performance criteria. The program aims to reward contributions while ensuring long-term commitment to the company's growth.

In this particular instance, the company plans to distribute 13,100 ordinary shares to 11 designated individuals, based on their respective monetary compensation awards amounting to July 21, 2056. The shares will be managed through a special account at Nomura Securities during the restriction period, which ends on July 21, 2056. Any untransferred shares will revert to the company upon expiration of the restrictions. This move underscores Yushiro Inc.'s strategy to retain talent and align executive goals with shareholder value creation.