Kaitori Okoku Completes Share Issuance for Restricted Stock Awards

TOKYO, Jul 15 (Pulse News Wire) – Kaitori Okoku CO.,LTD. (3181.T) completed the issuance of restricted stock awards.

The payment procedures were finalized as scheduled, but there was a reduction in the number of shares due to partial cancellation. Originally planned for 25,800 ordinary shares, the final issuance now stands at 16,800 ordinary shares, with a total issue price of ¥24.2 million per share. The allocation includes 4,000 shares for four directors and 12,800 shares for 97 employees who met certain criteria.

The initial plan had allocated 25,800 shares, with 9,000 shares intended for employees and 2,800 shares for directors. However, the discrepancy arose because some initially designated recipients lost their eligibility. This adjustment reflects changes made since the original announcement on June 12, 2026, which detailed the initial plans for the restricted stock award issuance.