Yakult Honsha to Distribute Shares to Employee Holding Association on Sept 28

TOKYO, Jul 31 (Pulse News Wire) – Yakult Honsha CO.,LTD. (2267.T) announced plans to distribute shares to its employee holding association through a private placement aimed at enhancing long-term corporate value.

The company's board of directors decided on the implementation of an incentive plan targeting management personnel. Key details of the share distribution include: - Distribution date: September 28, 2026 - Number of shares: 44,000 - Price per share: ¥2,903 - Total amount: ¥127.7 million The shares will be distributed via a private placement method to Yakuruto Juugyouin Mochikabu Kai. The final number of shares and total amount will be determined after a sufficient notice period for interested employees to join the holding association. This initiative aims to promote value-sharing with shareholders and enhance management awareness towards company performance. It also seeks to align the executive and managerial levels toward achieving long-term corporate value enhancement.

The distribution will occur based on special bonuses granted to members of the holding association, who will contribute these bonuses to the association. The distribution price was set at ¥2,903, which is the closing price of Yakult Honsha’s stock on the Tokyo Stock Exchange Prime Shijou on July 30, 2026, immediately preceding the board resolution. This price is considered reasonable and not particularly favorable compared to average closing prices over various timeframes. Additionally, the dilution ratio relative to the outstanding shares as of June 30, 2026, is 0.01%. The company believes this level of dilution is reasonable for existing shareholders given the potential benefits for deeper stakeholder engagement among more managers.