Asahi Net to Distribute Restricted Shares Worth 32.56 Billion on July 21

TOKYO, Jun 23 (Pulse News Wire) – Asahi Net,inc. (3834.T) announced today that its board of directors, held , approved the distribution of restricted shares worth ¥32,562,000,000.

The distribution, scheduled for July 21, 2026, involves ordinary shares totaling 1,000,000 units, with each share valued at ¥32,562. This move follows the introduction of a restricted stock compensation system aimed at incentivizing long-term value creation among executives and fostering shared value with shareholders. The restricted period spans 30 years, from July 21, 2026, to July 20, 2056.

During this time, recipients cannot sell, pledge, or otherwise dispose of their shares without meeting certain conditions outlined in individual agreements with the company. In addition, the company noted that should the restrictions not be lifted within this timeframe, the shares would be acquired by Asahi Net free of charge. The shares will be managed through dedicated accounts set up with Nomura Securities to ensure compliance with restriction requirements.