Shizuoka Gas to Grant Restricted Treasury Shares as Executive Compensation

SHIZUOKA GAS CO. LTD. ( (JP:9543) ) has shared an announcement.

Shizuoka Gas Co., Ltd. has approved the disposal of 53,190 shares of its treasury stock as restricted stock compensation for three internal directors and nine operating officers, valued at about ¥80.5 million at a disposal price of ¥1,514 per share. The program, implemented under a previously approved restricted stock compensation plan, is designed to align management’s interests with shareholders by linking part of executives’ pay to the company’s share price and long-term corporate value.

Under the plan, the allotted shares are subject to transfer restrictions from April 20, 2026 until recipients retire from their roles, with shares forfeited without payment if conditions are not met or if restrictions remain at period end. By reinforcing share-based, performance- and tenure-linked incentives, Shizuoka Gas is strengthening its governance and executive compensation framework, which may improve management’s focus on sustainable value creation and could be viewed positively by shareholders concerned with capital allocation and incentive design.

The most recent analyst rating on (JP:9543) stock is a Buy with a Yen1759.00 price target. To see the full list of analyst forecasts on SHIZUOKA GAS CO. LTD. stock, see the JP:9543 Stock Forecast page.

More about SHIZUOKA GAS CO. LTD.

Shizuoka Gas Co., Ltd. is a Japanese energy utility focused on the supply of city gas and related services, primarily serving customers in the Shizuoka region and surrounding areas. Listed on the Tokyo Stock Market under securities code 9543, the company operates in the gas and energy infrastructure sector, where governance, incentive alignment, and capital efficiency are key considerations for investors and regulators.

Average Trading Volume: 234,453

Technical Sentiment Signal: Buy

Current Market Cap: Yen112.2B

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