FilingReader Intelligence

Kimura Unity to dispose of treasury stock for compensation

June 19, 2025 at 12:03 PM UTCBy FilingReader AI

Kimura Unity's board of directors has resolved to dispose of 40,900 shares of its common stock as restricted stock compensation. The disposal price is JPY 800 per share, totaling JPY 32,720,000. The allocation includes 31,300 shares to five directors (excluding external directors) and 9,600 shares to ten management-level employees. This measure aims to enhance the alignment of interests between management and shareholders, incentivizing increased contribution to stock price appreciation and overall corporate value. The payment date is set for July 18, 2025. The compensation plan includes transfer restrictions until executives retire, with provisions for forfeiture under certain conditions.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:9368Tokyo Stock Exchange

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