TOKYO, May 15 (Pulse News Wire) – ZUIKO CORPORATION (6279.T) announced today that its board of directors, held , approved the issuance of restricted shares as part of its equity compensation plan. The company plans to distribute ordinary shares worth a total of ¥18.2 million on June 15, 2026, to three executives and two senior managers.
Under the equity compensation scheme introduced in April 2021, the company grants restricted stock units annually to incentivize long-term value creation and align interests with shareholders. Each share will be valued at ¥900 per share, based on the closing price of ZUIKO's ordinary shares on the Tokyo Stock Exchange Prime Market on May 14, 2026. The restricted shares come with vesting conditions tied to continued employment and performance milestones.
Executives must hold their shares until their tenure ends, while senior managers face a three-year restriction period. In case of early termination due to death or disciplinary reasons, the company reserves the right to reclaim the shares without payment. ZUIKO also noted that the management and advisory committee reviewed and endorsed the specifics of this distribution, ensuring alignment with governance best practices.
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