Morita Holdings to Allocate Treasury Shares as Restricted Stock to Employee Shareholding Association

Morita Holdings Corporation ( (JP:6455) ) has provided an announcement.

Morita Holdings Corporation’s board has approved the disposal of up to 40,669 shares of its treasury stock as restricted shares to the Morita Employee Shareholding Association, at a disposal price of 2,850 yen per share, for a maximum total of about 115.9 million yen. The shares will ultimately be allocated to up to 1,393 eligible employees of the company and its subsidiaries, with the final number of shares and total amount determined by actual employee participation and grade-based allocation. Under the new restricted stock incentive plan, employees will receive special monetary incentives, contribute them to the shareholding association, and in turn acquire Morita shares subject to transfer restrictions and potential clawback, a structure designed to support employees’ asset formation, enhance welfare, and more closely tie their interests and motivation to the company’s performance, stock price, and long‑term corporate value alongside other shareholders.

The most recent analyst rating on (JP:6455) stock is a Buy with a Yen3368.00 price target. To see the full list of analyst forecasts on Morita Holdings Corporation stock, see the JP:6455 Stock Forecast page.

More about Morita Holdings Corporation

Morita Holdings Corporation, listed on the Tokyo Stock Exchange Prime Market (code 6455), operates in Japan’s industrial and equipment sectors, and oversees a group of subsidiaries whose employees participate in a corporate employee shareholding association. The company uses stock-based incentives and treasury share programs to align employee interests with shareholder value and reinforce medium- to long-term engagement with its business performance and share price.

Average Trading Volume: 59,206

Technical Sentiment Signal: Buy

Current Market Cap: Yen128.9B

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