Yashima Denki Co., Ltd.
Notice Regarding Completion of Payment for Disposal of Treasury Stock for Stock Grants through Employee Stock Ownership Association and Partial Forfeiture
The number of treasury shares disposed decreased from 108,300 shares to 103,700 shares, and the total disposal amount changed from 311,795,700 yen to 298,552,300 yen. Payment procedures were completed on March 16, 2026.
Key Figures
- Number of shares disposed: 103,700 shares (previously 108,300 shares)
- Total disposal amount: 298,552,300 yen (previously 311,795,700 yen)
- Disposal price: 2,879 yen per share
AI要約
Overview of Treasury Stock Disposal
Yashima Electric Corporation conducted the disposal of treasury stock for stock grants through the Employee Stock Ownership Association based on a resolution of the Board of Directors on December 17, 2025. The payment procedure was completed on March 16, 2026, and the number of shares disposed decreased from the initially planned 108,300 shares to 103,700 shares. The disposal price was 2,879 yen per share, with the total disposal amount approximately 298.55 million yen. The change is due to partial forfeiture following confirmation of the membership count of the Employee Stock Ownership Association.
Future Prospects and Corporate Policy
The impact of this treasury stock disposal on consolidated performance is expected to be minor. Yashima Electric will celebrate its 80th anniversary in August 2026 and aims to enhance employee engagement in increasing corporate value. The company intends to continue promoting initiatives to enhance corporate value through the Employee Stock Ownership Association.
