Nichias grants restricted stock to directors and executives

Nichias Corporation will issue 15,532 common shares as restricted stock to directors and executive officers on August 8, 2025, at 5,531 yen per share, totaling 85.9m yen.

Five directors will receive 10,474 shares, while thirteen executive officers will receive 5,058 shares. The shares are subject to transfer restrictions until the company's semiannual report for fiscal year 2025 is submitted.

The initiative is part of a new compensation system approved in 2023 aimed at aligning management interests with shareholders.