It was found that shares disposed as restricted stock compensation exceeded the prescribed cap by 897 shares. To correct this, 897 shares in total were gratuitously acquired from eight directors. Acquisition date: 2026-10-20. The equivalent amount of dividends for the excess shares will be returned with interest at an annual rate of 3%. Strengthening of recurrence prevention measures is planned, and impact on performance is expected to be minimal.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2428","jir_company_name":"Wellnet Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-20","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/2428-20261020-01.pdf","jir_short_summary":"It was found that shares disposed as restricted stock compensation exceeded the prescribed cap by 897 shares. To correct this, 897 shares in total were gratuitously acquired from eight directors. Acquisition date: 2026-10-20. The equivalent amount of dividends for the excess shares will be returned with interest at an annual rate of 3%. Strengthening of recurrence prevention measures is planned, and impact on performance is expected to be minimal.","jir_summary":"### Overview\nThis matter concerns the discovery that treasury shares disposed to directors as restricted stock compensation exceeded the annual cap of 30,000 shares established at the 2017 annual shareholders' meeting by 897 shares. In response, the Board of Directors resolved to gratuitously acquire the excess shares.\n\n### Impact and Future Actions\nThe excess shares will be returned via gratuitous acquisition, and the equivalent amount of dividends for the excess shares will be fully returned with interest at an annual rate of 3%. The company will strengthen internal systems to prevent recurrence, and the impact on business performance is expected to be minor.","jir_financial_highlights":"Number of shares disposed: 30,897 shares (Number of shares exceeding shareholders' meeting cap: 897 shares)\nExcess shares: 897 shares (Exceeded cap)\nShares to be acquired (gratuitous acquisition): 897 shares (Planned gratuitous acquisition date 2026-10-20)","jir_category":"","jir_hashtags":"#Wellnet, #ShareBuyback_StockCompensation, #ShareholdersMeetingExcessIssue","jir_key_figures":"Number of shares disposed: 30,897 shares\nExcess shares: 897 shares\nNumber of shares to be gratuitously acquired: 897 shares","jir_meta_title":"Wellnet Corporation: Correction of Excess in Restricted Stock Compensation\uff5cGratuitous Acquisition of 897 Treasury Shares","jir_meta_description":"Wellnet Corporation will correct an excess in restricted stock compensation by gratuitously acquiring the excess 897 shares. The company also announced return of dividend equivalents with interest and recurrence prevention measures. Impact on performance is expected to be minimal.","jir_og_title":"Wellnet Corporation: Correction of Excess in Restricted Stock Compensation and Gratuitous Acquisition of 897 Shares","jir_og_description":"Wellnet Corporation will gratuitously acquire shares that exceeded the shareholders' meeting cap. Dividend equivalents for the excess will be returned with annual interest of 3%, and the company will strengthen prevention measures. The impact on performance is expected to be minor.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58621,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-132979","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n