[Ichie Holdings] New Share Issue with Transfer Restrictions for Stock Compensation | July 2026

Overview of Capital Policy

Ichie Holdings has decided to issue 16,000 new shares as part of its share compensation system with transfer restrictions for directors. The payment period ends on August 7, 2026, with an issue price of 701 yen per share. The recipients are seven directors and four directors of subsidiaries who will acquire shares in the form of monetary compensation claims in kind. The transfer restriction period will last until the director's resignation and will be解除 under certain conditions. This aims to increase directors’ motivation to enhance corporate value.

Impact on Shareholders and Future Outlook

This measure aims to strengthen incentives for directors and improve corporate value. While some dilution of shares is expected, it could contribute to long-term value enhancement. The company is likely to continue reviewing its director compensation system and capital policy to maximize shareholder value. The impact on stock price and performance depends on future trends but is positioned as part of the company's medium- to long-term growth strategy.