Shinnihonseiyaku board approves stock compensation for directors and employees

Shinnihonseiyaku Co., Ltd. announced that its board of directors approved the disposal of treasury shares as stock compensation for both directors and employees, effective December 17, 2025, and August 26, 2025, respectively. For directors, 9,098 common shares (JPY 18,123,216 total) are allocated for retirement benefits and 24,187 common shares (JPY 48,180,504 total) for performance-based compensation, with a disposal price of JPY 1,992 per share. The disposal date for directors is January 16, 2026.

Similarly, for employees, 3,155 common shares (JPY 6,284,760 total) are allocated for retirement benefits for 31 employees, and 9,891 common shares (JPY 19,702,872 total) for performance-based compensation for 28 employees. The disposal date for employees is January 30, 2026, with the same disposal price of JPY 1,992 per share. Both plans utilize in-kind contributions of monetary compensation claims.

These initiatives are part of the company’s efforts to incentivize sustainable corporate value growth and foster value sharing with shareholders, replacing previous retirement benefit schemes and performance-based stock compensation systems. The disposal price for all stock compensation was set at JPY 1,992, based on the closing price of the company’s common stock on December 16, 2025, the business day preceding the board of directors' resolution.