KYOWA ELECTRONIC INSTRUMENTS CO.,LTD. [6853.T]
TOKYO, Jun 01 (Pulse News Wire) – Kyowa Electronic Instruments CO.,LTD. (6853.T) completed the allocation of restricted stock to its employees and subsidiaries on June 01, 2026.
The total number of shares allocated was reduced due to some recipients declining their allotments. Originally planned for 250,200 ordinary shares, the final distribution included 492 employees receiving shares and 331 subsidiary employees participating. The price per share was set at ¥751, resulting in a total allocation value of ¥181.0 million. The initial plan had anticipated 513 employees and 360 subsidiary employees would participate, with a total of 250,200 shares valued at ¥187.9 million.
The changes stemmed from some intended recipients opting out of their allocations entirely or partially. As a result, the company adjusted the number of shares distributed accordingly. Financial instruments reports related to this transaction have been submitted as required. Looking ahead, the company expects the impact on its fiscal year ending December 2026 to be minor.
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