【Kosei】Completion of Share Buyback of Restricted Stock Units｜May 2026

Overview of the Disposal

Kosei resolved at its Board of Directors meeting on April 24, 2026, to dispose of the treasury stock as restricted stock compensation, and completed it on May 21, 2026. The number of shares disposed was 15,127, with a disposal price per share of 5,506 yen, and a total amount of 83.28 million yen. The recipients were 8 directors (excluding outside directors), and the disposal was conducted as part of its capital policy to provide incentives to officers.

Impact on Shareholders and Future Outlook

This treasury stock disposal aims to optimize capital structure, strengthen officer incentives, and enhance shareholder value. The dilution from the disposal is expected to be limited, but detailed impacts require close attention to future shareholder return policies and capital strategies. Kosei will continue to promote appropriate capital management and aim to improve corporate value.