Source disclosure: February 02, 2026
AISAN INDUSTRY CO.,LTD. [7283.T]
TOKYO, Feb 02 (Pulse News Wire) – Aisan Industry CO.,LTD. (7283.T) resolved today to issue restricted shares to its employee holding association, Aisan Industry Employees' Holding Association, based on its incentive program.
The resolution was made during a board meeting held on February 02, 2026. Key details of the share issuance include: - Issuance date: July 01, 2026 - Number of shares: Up to 320,800 ordinary shares - Price per share: ¥2,195 - Total value: ¥704.2 million (based on the assumption that up to 3,208 employees will participate, receiving 100 restricted shares each) The shares will be distributed through a third-party allocation method, contingent upon applications submitted by the holding association within the allocated range. Each participating employee will contribute a special allowance of ¥219,500 to the holding association, which will then invest this amount in acquiring the restricted shares from Aisan Industry.
The purpose of this initiative is to enhance employee welfare and incentivize long-term corporate growth. The restricted shares come with limitations on transferability until July 01, 2029, after which they can be freely traded subject to certain conditions such as continued membership in the holding association. Additionally, the company's board members, including four attending directors and two outside directors, confirmed that the issuance price is fair and does not favor the recipient unfairly.
The transaction meets regulatory requirements and does not necessitate additional shareholder approval procedures according to the Tokyo Stock Exchange listing regulations due to the limited dilution rate of 25%.
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