Hoshizaki launches 1.46bn yen employee share incentive plan

Hoshizaki Corporation will dispose of 280,770 treasury shares worth 1.46 billion yen as restricted stock incentives for employees.

The shares, priced at 5,206 yen each, will be allocated to the Hoshizaki Group Employees Shareholding Association on October 16, 2025. Each employee will receive 182,210 yen in special incentive funding.

The shares carry transfer restrictions until November 1, 2028. The disposal represents 0.19% of total issued shares.