【Nishimatsuya Chain】Issuance of Share Subscription Rights to Employees ｜ May 2026

Details of Share Subscription Rights

Nishimatsuya Chain has resolved to issue share subscription rights free of charge to employees, with allocation scheduled on June 1, 2026. The target number of shares is 132,500 shares, and the exercise period runs from June 1, 2028, to May 31, 2030. The number of shares to be issued upon exercise and the exercise price are undecided, and provisions for adjustments such as stock splits and mergers have also been established.

Impact on Shareholders and Future Outlook

This issuance of share subscription rights aims to enhance employee incentives, and shareholder dilution is expected to be limited. While there are risks of fluctuations in stock price and the number of shares due to exercise conditions and adjustment provisions, the direct impact on capital raising and shareholder returns is limited. It is anticipated that this measure will continue to be considered as part of ongoing efforts to motivate employees.