Source disclosure: February 19, 2026
ASIRO Inc. [7378.T]
TOKYO, Feb 19 (Pulse News Wire) – ASIRO Inc. (7378.T) announced today that its board of directors, held on February 19, approved the repurchase of its own shares as part of its restricted stock compensation program.
The repurchase will take place on March 18, involving 1,000 ordinary shares per share at ¥1,000 each, totaling ¥1,000,000. The shares will be distributed among four executives, excluding external directors, to incentivize sustained corporate value growth and enhance shareholder alignment. The repurchased shares come from the conversion of monetary bonds granted to eligible executives under the company's incentive scheme. Each executive will contribute their allotted monetary bond as capital to acquire the shares.
The repurchase price was determined based on the closing price of ASIRO’s ordinary shares on the Tokyo Stock Exchange Growth Market on February 18, which was ¥1,000 per share. Under the agreement, the transferred shares will be subject to restrictions until the executives complete their service obligations. Restrictions include prohibitions against transferring or securing collateral on the shares during the restriction period. The restrictions will lift upon completion of the designated service period or earlier due to valid reasons such as retirement or resignation.
In cases of misconduct or breach of contract, ASIRO reserves the right to reclaim the shares without compensation.
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