The Japan Wool Textile Co., Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On March 24, 2026, 28,528 shares of treasury stock were disposed of as restricted stock compensation to 15 internal directors and others at 2,068 yen per share, totaling 58,995,904 yen.
Key Figures
- Number of shares disposed: 28,528 shares
- Disposal price (per share): 2,068 yen (based on closing price on 2026-02-24)
- Total disposal amount: 58,995,904 yen
AI要約
Overview of Treasury Stock Disposal
On March 24, 2026, the Company resolved to dispose of 28,528 shares of treasury stock at 2,068 yen per share, totaling 58,995,904 yen, under the restricted stock compensation plan. The recipients are a total of 15 individuals: five directors excluding outside directors, who received 14,237 shares, and ten executive officers who are not concurrently directors, who received 14,291 shares. The disposal will be conducted within the scope exempt from filing securities registration under the Financial Instruments and Exchange Act.
Purpose and Details of the Restricted Stock Compensation Plan
This plan was introduced for eligible directors and others to promote sustained enhancement of corporate value and sharing value with shareholders. Eligible persons acquire common stock of the Company through contribution in kind of monetary claims, and during the transfer restriction period, transfer or pledge of the shares is prohibited. The transfer restriction period lasts from the disposal date until the eligible person’s resignation date, and upon resignation for legitimate reasons, restrictions will be lifted. Special provisions for organizational restructuring and stock management methods are also specified.
