Hamakyorex issues restricted shares to employees to boost corporate value
Hamakyorex Co., Ltd. resolved at its Board of Directors meeting on December 16, 2025, to dispose of 16,732 common shares as restricted stock to 133 eligible employees, including six specially commissioned employees. The disposal price is set at JPY 1,787 per share, totaling JPY 29,900,084. The objective is to motivate employees, promote long-term service, and further align employee interests with shareholders.
The restricted shares are subject to a transfer restriction period from January 20, 2026, until the employee loses their status with the company. This restriction will be lifted for all allotted shares if the employee remains with Hamakyorex from January 20, 2026, to January 19, 2027, or for reasons deemed valid by the Board of Directors. Shares for which the restriction is not lifted will be acquired by the company without charge.
Eligible employees will contribute the equivalent monetary claims of JPY 29,900,084 as in-kind property to subscribe to the shares. The disposal price was determined based on the closing price of Hamakyorex common shares on the Tokyo Stock Exchange on December 15, 2025, ensuring a fair market value.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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