Nihon Tokushu Toryo Co., Ltd.
Notice Regarding Disposal of Treasury Stock Accompanying Introduction of Share Grant ESOP Trust
On March 10, 2026, 183,200 shares of common stock were disposed of to The Master Trust Bank of Japan at 2,385 yen per share, totaling 436,932,000 yen, introducing a share grant ESOP trust.
Key Figures
- Number of shares disposed: 183,200 shares
- Disposal price: 2,385 yen per share
- Total disposal amount: 436,932,000 yen
AI要約
Overview of Disposal of Treasury Stock
Nippon Paint Special Coatings Co., Ltd. resolved to dispose of 183,200 shares of common stock to The Master Trust Bank of Japan (Share Grant ESOP Trust Account) at 2,385 yen per share on March 10, 2026. The total disposal amount is 436,932,000 yen. This disposal accompanies the introduction of the share grant ESOP trust aimed at enhancing the sense of ownership among eligible employees toward improving corporate value.
Impact on Shareholders and Procedures
The number of shares disposed represents a 0.78% dilution rate against the total issued shares, and the impact on the market is judged to be minor. The disposal price was calculated based on the closing price of 2,385 yen on February 17, 2026, and all auditors acknowledged its reasonableness. According to the regulations of the Tokyo Stock Exchange, neither an independent third-party opinion nor shareholder consent procedures are required.
