Oriental Land to reintroduce employee stock ownership plan

Oriental Land Co., Ltd. announced on November 25, 2025, the reintroduction of its Employee Shareholding Association-Type ESOP to enrich employee welfare and boost corporate value. The company, as settlor, will establish a trust with Mizuho Trust & Banking Co., Ltd. as trustee, which will then re-entrust asset management to The Custody Bank of Japan, Ltd. The program aims to supply company shares to the Oriental Land Employee Shareholding Association and distribute trust profits to eligible members. This reintroduction follows a prior program that concluded on October 1, 2025, after being initiated on December 15, 2021.

To facilitate the ESOP, Oriental Land will dispose of JPY 11,858,707,000 worth of treasury stock, totaling 3,859,000 common shares, through a third-party allotment to The Custody Bank of Japan, Ltd. (Trust Account E) on December 22, 2025. The disposition price is JPY 3,073 per share, equivalent to the closing price on the Tokyo Stock Exchange on the preceding business day. This share quantity represents 0.21% of the total issued shares as of September 30, 2025.

The trust period for the ESOP is scheduled from December 22, 2025, to December 16, 2030. The Custody Bank of Japan, Ltd. will acquire the shares upfront and sell them to the Shareholding Association as members purchase them. Oriental Land will guarantee the loan taken by the trustee for share acquisition, covering any outstanding balance if the trust assets are insufficient upon termination.