Mitachi Co., Ltd.
Notice of Issuance of New Shares as Restricted Stock Compensation for Directors
New shares were issued as restricted stock compensation for directors and payment procedures have been completed. Payment date: 2026-10-23, Number of shares issued: 2,652 shares, Issue price: 1,809 yen per share, Total amount: 4,797,468 yen, Allottees: four internal directors (excluding outside directors and directors who are Audit and Supervisory Committee members).
Key Figures
- Number of shares issued: 2,652 shares
- Issue price: 1,809 yen/share
- Total amount: 4,797,468 yen
- Payment date: 2026-10-23
AI要約
Compensation System via Issuance of New Shares
Mitachi Co., Ltd. issued new shares as restricted stock compensation for directors and completed the payment procedures. The recipients are four internal directors, with 2,652 shares issued at 1,809 yen per share, totaling 4,797,468 yen. Note that outside directors and directors who are Audit and Supervisory Committee members are not included among the allottees.
Future Impact and Background
The issuance of new shares as compensation may be intended to incentivize long-term shareholder value creation. As the allottees are limited to directors and the payment has been completed, this has been implemented as part of the company's capital policy in practice. Future shareholder dilution and impact on the share price will depend on market reaction.
Mitachi Co., Ltd.
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