Asanuma adjusts restricted stock allocation plan, reduces shares and recipients

Asanuma Corporation today announced the completion of payment procedures for the disposition of treasury shares as restricted stock compensation for its employees, effective September 19, 2025. This follows a resolution passed by the board of directors on June 26, 2025. The company also reported a partial amendment to the initial plan, primarily affecting the number of shares allocated.

The updated plan shows that Asanuma disposed of 171,672 shares of common stock, a reduction from the previously planned 179,400 shares. Consequently, the total disposition amount changed to JPY 124,977,216, down from JPY 130,603,200. The disposition price per share remained constant at JPY 728. The number of eligible employees receiving shares also decreased from 1,300 to 1,244.

The primary reason for these changes was that 56 of the initially planned recipients no longer met the eligibility requirements for the restricted stock allocation by the time of the grant, leading to their forfeiture. Asanuma Corporation confirmed that this event is not expected to impact the company's earnings forecast for the current fiscal period.