FilingReader Intelligence

Takara & Company completes restricted stock payment for executives

September 19, 2025 at 06:10 AM UTCBy FilingReader AI

Takara & Company Ltd. confirmed on September 19, 2025, the completion of payment procedures for the disposition of treasury shares as restricted stock-based remuneration, as resolved by its board of directors on August 22, 2025. This compensation involves 2,300 shares of the company's common stock, disposed of at a price of 3,830 yen per share, totaling 8,809,000 yen.

The treasury shares were allocated to six individuals, including two directors (excluding part-time and outside directors) who received 900 shares, and two directors of a company subsidiary, Takara Printing Co., Ltd., who received 800 shares. Additionally, two presidents of company subsidiaries, Simul International, Inc. and TOIN Corporation, were allocated 600 shares.

This remuneration package aims to align the interests of the company's management with those of its shareholders, reinforcing a commitment to long-term value creation.

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

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