Nichias Corporation
Notice Regarding the Introduction of a Stock Grant System for Employees of the Company and Its Subsidiaries
Nichias Corporation has resolved to introduce a stock grant system utilizing a stock grant trust for employees of the company and its subsidiaries on the occasion of the 130th anniversary of its foundation on April 9, 2026.
Key Figures
- 130th Anniversary Date: 2026-04-09
- Eligible Employees: Regular and special employees of the company and domestic subsidiaries (excluding non-residents)
- Handling of Remaining Assets upon Trust Termination: Planned donation to unrelated organizations
AI要約
Purpose of Introducing the Stock Grant System
Nichias Corporation has decided to introduce a stock grant system to express gratitude for the efforts and support of employees on the occasion of its 130th anniversary on April 9, 2026, while enhancing employees’ sense of belonging and participation in management, thereby promoting contribution to medium- to long-term performance improvement and corporate value enhancement. This system utilizes a stock grant trust to grant company shares and cash equivalent to the proceeds from stock liquidation to eligible employees.
System Mechanism and Operational Overview
The company and its subsidiaries will establish stock grant regulations, and the company will contribute cash to set up the stock grant trust. The trust will acquire shares from the market or the company's treasury stock, and dividends and voting rights will be exercised in accordance with instructions from the trust administrator. Eligible employees will receive stock grants based on points awarded, and upon trust expiration, remaining assets will be either reutilized or liquidated, with excess funds donated to unrelated organizations.
