TOKYO, Apr 23 (Pulse News Wire) – FUJI OOZX Inc. (7299.T) resolved to issue restricted shares to its employee holding association, FUJIOOXZ Employees' Shareholding Association (FUJIOOXZ ESA).
The resolution was made during the board meeting held. The issuance involves transferring ordinary shares worth up to ¥1,000 per share to FUJIOOXZ ESA on August 7, 2026. The total amount of the transaction could reach up to 1 billion based on the assumption that all eligible employees participate. Actual figures will be finalized once the number of participating employees is confirmed post-consent verification. This initiative aims to support asset formation among eligible employees who agree to join the program, enhance their awareness of the company's performance and stock price, and foster closer value-sharing with shareholders. Additionally, it seeks to boost motivation towards enhancing corporate value. Under the scheme, special incentives in the form of monetary bonds will be granted to eligible employees by the company.
These bonds will be contributed to FUJIOOXZ ESA, which will then invest them in the company to acquire restricted shares. The payment amount for these shares will be determined based on the closing price of the company’s ordinary shares on the Tokyo Stock Exchange on the day preceding the board resolution, ensuring fairness. Restrictions on the transferability of these shares will last until August 8, 2029. During this period, the shares cannot be transferred, pledged, or otherwise disposed of without the company's consent. Upon expiration of the restriction period, the company willacquire any remaining restricted shares, while those adhering to the conditions will have their restrictions lifted. The diluted share ratio resulting from this issuance, assuming the maximum issuance, would be approximately 0.02% relative to the outstanding shares as of April 1, 2026, and 0.02% relative to the total voting rights as of March 31, 2026. The issuance will proceed contingent upon the revised regulations of FUJIOOXZ ESA taking effect prior to the payment deadline.
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