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Morozoff to Grant Restricted Treasury Shares to Directors and Executives

Story Highlights
  • Morozoff will dispose of 7,719 treasury shares as restricted stock compensation to eight senior officers.
  • The restricted stock plan ties management pay to long-term service and shareholder value, strengthening alignment and retention.
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Morozoff to Grant Restricted Treasury Shares to Directors and Executives

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Morozoff Limited ( (JP:2217) ) has issued an update.

Morozoff Limited has approved the disposal of 7,719 shares of its treasury stock on May 22, 2026, valued at ¥1,485 per share, as restricted stock-based compensation for five directors and three delegated-type executive officers. The total compensation amounts to ¥11,462,715, with recipients contributing equivalent monetary claims in kind to receive the allotted shares.

The grant is part of a restricted stock plan introduced in 2021 to incentivize management to enhance corporate value and share interests with shareholders by tying compensation to long-term performance. Transfer restrictions will apply until the recipients retire from specified positions, and will only be lifted if they remain in eligible roles through the end of the first shareholders’ meeting following their service period, reinforcing retention and governance alignment.

More about Morozoff Limited

Morozoff Limited is a Japanese confectionery maker listed on the Tokyo Stock Exchange Prime Market, known for producing sweets such as chocolates and desserts. The company targets domestic consumers through retail and seasonal gift demand, and uses equity-based incentives to align management interests with shareholders over the long term.

Average Trading Volume: 49,414

Technical Sentiment Signal: Hold

Current Market Cap: Yen30.31B

See more insights into 2217 stock on TipRanks’ Stock Analysis page.

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