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Kokuyo Co ( (JP:7984) ) has provided an announcement.
Kokuyo Co., Ltd. has completed the pay-in procedure for the disposal of treasury shares to deliver restricted stock compensation to its management. The move follows a March 31, 2026 board approval, aligning executive incentives more closely with shareholder interests and reinforcing the company’s governance and compensation framework.
The disposal covers 77,008 shares of common stock at 835.9 yen per share, for a total value of 64,370,980 yen. The allotted shares are distributed among seven directors, two corporate officers who are also directors, and ten managing officers, further tying senior leadership’s compensation to Kokuyo’s long-term performance.
More about Kokuyo Co
Kokuyo Co., Ltd., listed on the TSE Prime with stock code 7984, operates in the office and stationery products industry. The company provides office furniture, stationery, and related services, serving corporate and individual customers in Japan and overseas as part of the broader office supplies and workplace solutions market.
Average Trading Volume: 870,306
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen382.2B
See more insights into 7984 stock on TipRanks’ Stock Analysis page.