Kamigumi to Grant Restricted Treasury Shares to Executive Officers as Long-Term Incentive

Kamigumi Co ( (JP:9364) ) has provided an announcement.

Kamigumi Co., Ltd. has approved the disposal of 4,050 shares of its treasury stock as restricted share-based compensation for 18 executive officers, with a disposal value of 5,555 yen per share and a total value of 22,497,750 yen. The shares, to be allotted on April 1, 2026, will be subject to transfer restrictions until March 31, 2056, under a restricted stock allotment agreement that also allows the company to acquire the shares without charge under certain conditions.

This disposal is part of a restricted stock compensation program introduced in 2023 for executive officers who are not directors, designed to provide long-term incentives to sustainably enhance corporate value and more closely align management’s interests with those of shareholders. Eligible executives will contribute monetary compensation claims in kind in exchange for the shares, reinforcing a performance- and value-linked compensation structure that may strengthen governance and commitment to long-term growth.

The most recent analyst rating on (JP:9364) stock is a Buy with a Yen6350.00 price target. To see the full list of analyst forecasts on Kamigumi Co stock, see the JP:9364 Stock Forecast page.

More about Kamigumi Co

Kamigumi Co., Ltd. is a Japan-based logistics and port services company listed on the Tokyo Stock Exchange Prime Market under stock code 9364. The company provides cargo handling and related logistics solutions, focusing on improving corporate value and aligning management with shareholder interests over the long term.

Average Trading Volume: 239,281

Technical Sentiment Signal: Buy

Current Market Cap: Yen520.3B

Learn more about 9364 stock on TipRanks’ Stock Analysis page.