Doutor・Nichires Holdings Doutor Nichires to Dispose of Restricted Shares on June 26

TOKYO, May 27 (Pulse News Wire) – Doutor・nichires Holdings CO.,LTD. (3087.T) announced today that its board of directors resolved to dispose of restricted shares on June 26, 2026.

The disposal involves ordinary shares totaling 52,100 and will be sold at a price of ¥2,663 per share, resulting in a total amount of ¥138.7 million. The shares will be transferred to seven internal directors and nine subsidiary directors. The purpose of this disposal is to implement a long-term incentive program aimed at enhancing corporate value and shareholder returns. In April 2022, the company introduced a restricted stock compensation system to reward eligible directors and promote shared value creation among shareholders. Under this system, annual monetary rewards up to ¥200 million are converted into restricted stock grants, subject to vesting conditions.

The restricted stock agreement stipulates that the restriction period runs from June 26, 2026, until the director's departure from their position within the group companies. The restrictions will lapse upon continuous service through the next regular general meeting of shareholders, or earlier due to death or other valid reasons. Additionally, in case of significant organizational changes during the restriction period, the company’s board can decide to lift the restrictions prior to such events. The valuation for the disposal was determined based on the closing price of Doutor Nichires' ordinary shares on the Tokyo Stock Exchange Prime Market on May 26, 2026, which was ¥2,663. This price reflects fair market conditions and does not represent a particularly favorable rate.