Oriental Chain MFG. COMPLETES SUBSCRIPTION PROCEDURE FOR PAID STOCK OPTIONS

TOKYO, Jul 10 (Pulse News Wire) – Oriental Chain Mfg. CO.,LTD.

(6380.T) completed the subscription procedure for paid stock options. The number of options was reduced from 540 to 505 due to changes in allocation among directors and employees. Specifically, the number allocated to six directors increased from 270 to 305, while four employees received 200 options compared to five employees who previously held 250 options. Additionally, one subsidiary director's allocation decreased from 70 to 35 options.

The adjustments were made due to one employee becoming a director and another subsidiary director opting out of their allocation. Further details on the issuance of these stock options were initially disclosed on June 25, 2026, during a board meeting. 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 communicated.