Yokohama Reito to issue restricted stock to directors

Yokohama Reito has decided to dispose of 37,400 shares of its common stock as restricted stock compensation to six directors, excluding outside directors. The disposition, approved by the board of directors on December 23, 2025, is scheduled for January 22, 2026.

The shares will be allotted at a price of 1,287 yen per share, totaling 48,133,800 yen. This valuation is based on the closing price of the company's common stock on the Tokyo Stock Exchange on December 22, 2025, the business day preceding the board meeting. This price is considered a fair reflection of the company's value, avoiding arbitrary pricing.

The restricted stock compensation aims to align the interests of directors with the company's mid-to long-term corporate value and shareholder value. The directors will receive the shares in exchange for a cash remuneration claim and will be subject to a restriction on transfer, pledge, or other disposition until their retirement or the lapse of the restricted period.