Sun Frontier Fudousan Co (JP:8934) has released an update.
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Sun Frontier Fudousan Co., Ltd. has resolved to issue 15,412 common shares as restricted stock to 9 executive officers and 53 employees, aimed at incentivizing continuous corporate value improvement. The shares are priced at 1,941 yen each, totaling 29,914,692 yen, and come with a transfer restriction of approximately 3 years to promote long-term commitment.
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