Source disclosure: January 30, 2026
TANAKA SEIMITSU KOGYO CO.,LTD. [7218.T]
TOKYO, Jan 30 (Pulse News Wire) – Tanaka Seimitsu Kogyo CO.,LTD. (7218.T) announced today that its board of directors approved the issuance of restricted shares to the Tanaka Seimitsu Kogyo Employee Shareholding Association as part of an incentive program aimed at enhancing employee participation and achieving medium-term business goals.
The company plans to issue up to 1,489,000 ordinary shares at ¥1,000 per share, with the total amounting to ¥1.489 billion. The payment date for the shares is set for March 2, 2026. Under the program, eligible employees who agree to participate will contribute special incentives in the form of monetary claims to the association.
In turn, the association will make a cash contribution to the company based on these contributions, allowing it to acquire restricted shares. The shares will be subject to a transfer restriction period from March 2, 2026, to March 1, 2027, during which time they cannot be transferred, pledged, or otherwise disposed of without the company's consent. The dilution rate resulting from this share issuance is estimated to be approximately 0.02% based on the number of outstanding shares as of September 30, 2025.
The issuance price was determined based on the closing price of the company’s stock on the Tokyo Stock Exchange on January 29, 2026, ensuring fairness and transparency in the process.
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