[Yamato] Share Buyback and Shareholder Incentive Program Introduction | June 2026

Disposal Overview

Yamato will dispose of 10,962 shares of treasury stock on July 14, 2026, raising approximately 22.2 million yen in total. The disposal price is set at 2,027 yen per share, based on a rational valuation referencing the closing price at market close. The disposal is conducted with respect to directors, with a transfer restriction period of 30 years, aiming to share value with shareholders and enhance director incentives.

Impact on Shareholders and Future Outlook

The current share buyback does not dilute shares, and shareholder value deterioration is considered limited. The introduced shareholder incentive system aims to boost director motivation and sustain corporate value enhancement, contributing positively to future management strategies. The funds raised from this disposal are expected to be used for corporate growth strategies and strengthening financial health.