Completion of Treasury Stock Disposal with Restricted Stock Compensation｜July 2026

Overview of Capital Policy

Shinkansen Bus disposed of 14,673 shares of treasury stock acquired as restricted stock compensation on July 23, 2026, at 1,911 yen per share, raising approximately 28.04 million yen. This disposal was made to seven directors (excluding outside directors), and is considered part of efforts to improve capital efficiency and shareholder returns. The details are based on information announced on June 24, 2026, and may influence future capital policy and shareholder return strategies.

Impact on Shareholders and Future Outlook

The disposal of treasury stock will reduce the company's treasury stock holdings, helping to mitigate stock dilution. The funds raised amount to approximately 28.04 million yen, which is expected to be used for future business investments and strengthening financial health. Continued attention to capital policy trends and shareholder return initiatives is necessary, as these movements are important for investors aiming to enhance corporate capital efficiency and shareholder value.