Iwatani Corporation Aligns Board Interests with Shareholders

Iwatani Corporation (JP:8088) has released an update.

Iwatani Corporation has announced the disposal of 7,600 treasury shares at 9,162 yen each, amounting to 69,631,200 yen, as restricted stock compensation to board members. This move is part of a long-term incentive plan aimed at aligning the interests of the board members with shareholder value, with a transfer restriction period of 30 years.

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