Osaka SODA Completes Employee Share Plan Allocation

TOKYO, Jul 28 (Pulse News Wire) – Osaka Soda CO.,LTD. (4046.T) completed the allocation of treasury shares to its employee stockholding association via a third-party allotment method.

Initially planned to distribute 88,680 common shares, the final distribution amounted to 61,120 common shares due to changes in membership agreement approvals. The allocation price per share was set at ¥1,914, resulting in a total allocation amount of ¥117.0 million.

The revised plan reflects the conclusion of promotional activities aimed at encouraging employees to join the stockholding association, leading to adjustments in the number of participating members who agreed to the restricted share incentive program. Looking ahead, while the impact on the company's fiscal year ending March 2027 is expected to be minor, Osaka Soda will promptly disclose any significant developments related to this transaction.