{"id":31940,"date":"2026-02-27T16:11:12","date_gmt":"2026-02-27T07:11:12","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/4547-20260227-01_wp_capital_policy\/"},"modified":"2026-02-27T16:11:12","modified_gmt":"2026-02-27T07:11:12","slug":"4547-20260227-01_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-4547\/ir\/4547-20260227-01_wp_capital_policy\/","title":{"rendered":"Notice Regarding Disposal of Treasury Stock as Restricted Stock to the Employee Stock Ownership Plan"},"content":{"rendered":"<p>On August 10, 2026, 504,300 shares of treasury stock will be disposed of to the employee stock ownership plan at 4,790 yen per share, totaling approximately 2,415,597,000 yen. The dilution rate is about 1.08%.<\/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,"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":"4547","jir_company_name":"Kissei Pharmaceutical Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/4547-20260227-01.pdf","jir_short_summary":"On August 10, 2026, 504,300 shares of treasury stock will be disposed of to the employee stock ownership plan at 4,790 yen per share, totaling approximately 2,415,597,000 yen. The dilution rate is about 1.08%.","jir_summary":"### Overview of Capital Policy\nThe Company has resolved to dispose of 504,300 shares of treasury stock as restricted stock through the Kissei Group Employee Stock Ownership Plan. The disposal price is 4,790 yen per share, totaling approximately 2,415,597,000 yen (maximum), with the payment date scheduled for August 10, 2026. This will be implemented through a scheme whereby special monetary claims are granted as incentives to eligible employees, who then contribute them to the stock ownership plan. The transfer restriction period will run from August 10, 2026, to June 2, 2031, and the transfer restrictions will be lifted under certain conditions.\n\n### Impact on Shareholders and Procedures\nThe dilution rate due to this treasury stock disposal will be up to 1.08% of the total shares issued and 1.22% of total voting rights. The disposal price has been reasonably calculated based on the closing price on the business day prior to the board resolution and is not a particularly advantageous price for the employee stock ownership plan, as confirmed by all auditors. Based on the regulations of the Tokyo Stock Exchange, independent third-party opinions and shareholder approval procedures are deemed unnecessary.","jir_financial_highlights":"Number of shares disposed: 504,300 shares (Maximum value; actual disposal amount may vary)\nDisposal price (per share): 4,790 yen (Based on closing price on the business day before the board resolution date)\nTotal disposal amount: 2,415,597,000 yen (Maximum value; actual total varies according to number of shares disposed)\nDilution rate (percentage of total shares outstanding): 1.08% (Unknown)","jir_category":"","jir_hashtags":"#KisseiPharmaceutical, #CapitalPolicy, #TreasuryStockDisposal, #EmployeeStockOwnershipPlan, #JapaneseStocks","jir_key_figures":"Number of shares disposed: 504,300 shares (maximum, subject to change)\nDisposal price: 4,790 yen per share (closing price on February 26, 2026)\nTotal disposal amount: 2,415,597,000 yen (maximum)","jir_meta_title":"Kissei Pharmaceutical to Dispose of 504,300 Treasury Shares to Employee Stock Ownership Plan, Totaling Approximately 2.4 Billion Yen","jir_meta_description":"Kissei Pharmaceutical plans to dispose of 504,300 treasury shares to the employee stock ownership plan at 4,790 yen per share on August 10, 2026. The dilution rate is about 1.08%, representing a capital policy aimed at enhancing corporate value for employees.","jir_og_title":"Kissei Pharmaceutical Announces Disposal of Treasury Stock to Employee Stock Ownership Plan","jir_og_description":"Disposal of 504,300 treasury shares to the employee stock ownership plan at 4,790 yen per share. Supporting corporate value enhancement and employees\u2019 asset formation.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8930,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-31940","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Disposal of Treasury Stock as Restricted Stock to the Employee Stock Ownership Plan - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-4547\/ir\/4547-20260227-01_wp_capital_policy\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-4547\/ir\/4547-20260227-01_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-4547\/ir\/4547-20260227-01_wp_capital_policy\/\",\"name\":\"Notice Regarding Disposal of Treasury Stock as Restricted Stock to the Employee Stock Ownership Plan - 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