Oriental Chain MFG. Adjusts Tax-Qualified Stock Option Issuance Details
TOKYO, Jul 24 (Pulse News Wire) – Oriental Chain Mfg. CO.,LTD.
(6380.T) announced adjustments to the issuance details of tax-qualified stock options for its employees. At a board meeting held on June 25, 2026, the company finalized the number of subscription rights to be issued, reducing the total from 1,191 to 1,030 shares. Additionally, the allocation was revised from 157 employees receiving 1,191 shares to 129 employees.
The changes were due to 28 employees opting out of their allocations. Each subscription right entitles the holder to purchase common stock at a price of ¥4,055 per share. Looking ahead, the company does not anticipate any impact on its consolidated performance for the fiscal year ending March 2027.
However, any significant developments will be promptly disclosed.
