【Tokaro】Share Buyback and Introduction of Compensation System ｜ July 2026

Overview of the Disposal

Tokaro will dispose of 9,311 common shares at 3,055 yen per share on August 7, 2026. This disposal is part of a restricted stock compensation system for directors, aiming to promote continuous improvement of corporate value and shared value with shareholders. The disposal will be made to five directors, with the shares managed within Nomura Securities' dedicated account, and the transfer restriction period is 30 years. The disposal price was determined based on the closing price on the Tokyo Stock Exchange on July 16, 2026.

Future Outlook and Corporate Strategy

This disposal aims to motivate directors and sustain corporate value enhancement, with the goal of increasing long-term shareholder value. During the transfer restriction period, transfers and collateral arrangements are restricted, and conditions for lifting transfer restrictions are established in case of organizational reorganization. These measures are intended to secure directors' long-term commitment and ensure a stable management foundation for the company.