Wakita & Co.,LTD.
Notice on Completion of Payment and Partial Forfeiture of Disposal of Treasury Stock as Restricted Stock for Employees of Our Subsidiary
On February 16, 2026, Wakita Corporation announced the completion of payment and partial forfeiture of 197,200 shares of treasury stock as restricted stock for subsidiary employees, totaling 399,527,200 yen.
Key Figures
- Number of shares disposed: 197,200 shares (decreased from 198,000 shares before)
- Total disposal amount: 399,527,200 yen (decreased from 401,148,000 yen before)
- Number of employees targeted: 986
AI要約
Overview of Disposal of Restricted Stock
Wakita Corporation executed the disposal of treasury stock as restricted stock to employees of its subsidiary based on the Board of Directors resolution dated January 23, 2026. The payment deadline was February 16, 2026. Due to partial forfeiture, the number of shares disposed decreased from the initial 198,000 shares to 197,200 shares, with the total disposal amount being 399,527,200 yen. The recipients were 986 subsidiary employees meeting certain requirements.
Impact on Shareholders and Future Measures
This treasury stock disposal has been submitted as an extraordinary report under the Financial Instruments and Exchange Act. Although there is a slight decrease in the number of shares, the dilution impact is considered limited. The Company plans to continue utilizing restricted stock as part of the incentive scheme for subsidiary employees.
