Mitsubishi Pencil Co., Ltd.

7976.T
Business Equipment & Supplies
2026/08/24 Updated
Market Cap: $932.7M (¥148.5B)
Stock Price: $18.65 (¥2,970)
Exchange Rate: 1 USD = ¥159.24

Notice Regarding the Resolution on Share Acquisition under the Stock Compensation Scheme for Managerial Employees

Introduction of a stock delivery trust (RS trust) for managerial employees; resolution to acquire 82,800 shares of treasury stock valued at approximately ¥217.83 million on May 15, 2026

Importance:
Page Updated: April 30, 2026
IR Disclosure Date: April 30, 2026

Key Figures

  • Number of shares to be acquired: 82,800 shares
  • Amount of funds for acquisition: 201,783,600 yen
  • Trust agreement date: 2026-05-15

AI要約

Overview of the Stock Compensation Scheme

Mitsubishi Pencil Co., Ltd. has resolved to establish a stock delivery trust (RS trust) for managerial employees as part of implementing a stock compensation scheme targeting managerial-level employees. The trustor is the Company, the trustee is Sumitomo Mitsui Trust Bank, Limited (with Japan Custody Bank, Ltd. as the re-trustee), and a third party independent from the Company and its officers is scheduled to be appointed as the trust administrator. The trust agreement date is May 15, 2026, and the scheduled trust termination date is the end of February 2029.

Details on Share Acquisition

The trustee of this trust will acquire 82,800 shares of the Company’s treasury stock, funded by approximately ¥217.83 million entrusted by the Company. The shares will be acquired through disposal of treasury stock, with the acquisition date set for May 15, 2026. This is intended to strengthen incentives for managerial employees.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Mitsubishi Pencil Co., Ltd.

Company overview · Stock price · Financial data · All IR

View company page →