Arcland Sakamoto to allot treasury shares to Pet First Holdings executive

Arcland Sakamoto announced a third-party allotment of 525,486 shares of common stock to Masaaki Sho, director of Pet First Holdings Co., Ltd. and representative director of its subsidiary, Pet First Co., Ltd. The disposal, approved by the board on September 16, 2025, is scheduled for October 3, 2025, at a price of 1,903 yen per share, totaling 999,999,858 yen.

This allotment aims to enhance the commitment of Masaaki Sho, a key executive in the newly acquired Pet First Holdings, to the entire Arcland Sakamoto Group. The transaction follows the complete acquisition of Pet First Holdings by Arcland Sakamoto on June 6, 2025, and leverages part of the 1 bn yen payment made to the allottee on September 5, 2025, for the acquisition.

The company believes this strategic move will contribute to the sustainable growth and increased corporate value of the Arcland Sakamoto Group. The disposal amount was determined based on the closing price of Arcland Sakamoto's common stock on September 12, 2025.