Completion of New Share Issuance with Transfer Restrictions | July 22, 2026

Overview of Share Issuance

Based on the board of directors’ resolution on June 24, 2026, Akiyoshi Systems issued new shares as restricted stock compensation, with the payment completed on July 22, 2026. A total of 10,255 shares were issued at 2,690 yen per share, totaling 27.58 million yen. The recipients included directors and executive experts, with allocations made to two directors who are not statutory auditors, five executive officers, and four executive experts.

Impact on Shareholders and Future Outlook

While the issuance of new shares will result in shareholder dilution, it aims to enhance the compensation system and strengthen management incentives. The payment completion does not affect capital or capital structure, and its direct impact on future performance or stock price remains unknown at this stage. Continued attention will be paid to the company's growth strategies and shareholder return policies.