SHINKO Inc.

7120.T
Information Technology Services
2026/08/21 Updated
Market Cap: $29.7M (¥4.7B)
Stock Price: $6.31 (¥1,003)
Exchange Rate: 1 USD = ¥158.98

Notice regarding the disposal of treasury stock as performance-based restricted stock units

Disposal procedures for treasury stock completed. Post-change number of disposed shares is 6,497 shares, total amount 7,049,245 yen, payment date 2026-08-07. For three directors who retired due to death, allocations were adjusted. No impact on earnings forecast for the fiscal year ending March 2027.

Importance:
Page Updated: August 7, 2026
IR Disclosure Date: August 7, 2026

Key Figures

  • Disposal quantity: 6,497 shares
  • Total: 7,049,245 yen
  • Payment date: 2026-08-07

AI要約

Overview of changes

This notice pertains to the disposal of treasury stock as part of a performance-based restricted stock unit plan, with the payment procedures completed as of 2026-08-07. The post-change number of disposed shares is 6,497 shares, total amount 7,049,245 yen, and the allocation has been changed to three directors (excluding outside directors). The change reflects the retirement of the representative director and president who passed away, causing the affected portion to lapse.

Outlook and impact

There is no change to the earnings forecast for the fiscal year ending March 2027 due to this matter. While monitoring the impact on shareholder value remains necessary, the change in the compensation scheme itself is expected to be a short-term capital allocation measure.

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

Shinko Co., Ltd.

Company overview · Stock price · Financial data · All IR

View company page →