Source disclosure: January 22, 2026
Nitta Gelatin Inc. [4977.T]
TOKYO, Jan 22 (Pulse News Wire) – Nitta Gelatin Inc. (4977.T) resolved today to distribute its own shares to the Nitta Gelatin Employee Shareholding Association through a special incentive scheme aimed at supporting employee asset formation and enhancing participation awareness.
The distribution is scheduled for March 30, 2026, involving up to 32,500 ordinary shares at a price of ¥1,261 per share, totaling up to ¥41.0 million. The company plans to allocate approximately 32,500 shares (about ¥41.0 million) out of its currently held treasury stock of 186,288 shares as of December 31, 2025. The dilution ratio based on the total number of outstanding shares as of December 31, 2025, is 0.18% percent, and the proportion relative to the total voting rights as of the same date is 0.18% percent, which the company considers reasonable for the purpose of the scheme.
The distribution price was determined based on the closing price of Nitta Gelatin's shares on the Tokyo Stock Exchange on January 21, 2026, which was ¥1,261. This price reflects the average closing prices over the past month, three months, and six months, showing deviations of 0.56%, 9.37%, and 18.63% respectively, indicating no particularly favorable pricing. Independent outside directors confirmed the fairness of this valuation process during the board meeting.
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