Harima-Kyowa Adjusts Employee Share Plan After Three Decline Participation

TOKYO, Jul 31 (Pulse News Wire) – Harima-kyowa CO.,LTD. (7444.T) completed the subscription process for restricted stock awards to employees .

Originally planned for 33 employees, three declined participation, reducing the total number of shares distributed to 30 employees. Under the revised plan, 1,650 ordinary shares were allocated instead of the initially proposed amount. Each share was subscribed at a price of July 31, 2026 per share, resulting in a total distribution value of May 14, 2026.

The changes did not affect the allocation to subsidiary employees, who still received 150 shares as originally planned. The adjustments reflect a reduction in both the number of participating employees and the total number of shares distributed due to the declines. There are no anticipated changes to the company's fiscal 2027 performance projections as a result of these modifications.