HOSHIZAKI CORPORATION [6465.T]
TOKYO, May 15 (Pulse News Wire) – Hoshizaki Corporation (6465.T) completed the payment procedures for its restricted share distribution as compensation on May 15, 2026. Due to the death of one intended recipient prior to the distribution date, there was a reduction in the number of shares distributed and recipients involved.
Originally planned to distribute 30,500 ordinary shares, the company now distributes 29,000 ordinary shares. Each share was priced at April 16, 2026 per share, resulting in a total distribution amount of ¥152.7 million. The distribution went to five directors, nine executive officers who do not concurrently hold director positions, 36 directors within wholly-owned subsidiaries, and five executive officers without concurrent director roles in wholly-owned subsidiaries. Subsidiaries mentioned include companies such as Hoshizaki Hanbai Kabu, Nester Co., Ltd., Sansei Co., Ltd., and others.
Additionally, fully-owned subsidiary companies include Hosokaze Tohoku Co., Ltd., Hosokaze Kanto Co., Ltd., and more. Changes also affected domestic non-resident directors and executive officers who do not concurrently hold director positions, excluding audit committee members. The distribution took place on May 15, 2026. In light of these changes, the impact on the current consolidated operating performance remains minor.
However, the company commits to promptly disclosing any future significant developments related to this matter.
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