Tokyo Ohka Kogyo Co., Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On May 1, 2026, 22,615 shares of treasury stock will be disposed of and granted as restricted stock compensation totaling ¥168,956,665 to 27 eligible directors and others.
Key Figures
- Number of shares disposed: 22,615 shares
- Total disposal amount: ¥168,956,665
- Restriction period: 30 years (2026-05-01 to 2056-04-30)
AI要約
Overview of Treasury Stock Disposal
Tokyo Ohka Kogyo Co., Ltd. resolved to dispose of 22,615 shares of treasury stock as restricted stock compensation on May 1, 2026, granting a total of ¥168,956,665 to 27 eligible directors and others. The disposal price is based on the closing price of ¥7,471 on the Tokyo Stock Exchange as of April 2, 2026, and is not a specially favorable price. The eligible recipients include directors, executive officers, executive fellows, and employees, with the restriction period set long-term at 30 years.
Details and Purpose of the Restricted Stock Compensation Plan
This disposal is part of the restricted stock compensation plan introduced in 2020, aimed at promoting long-term stock ownership and aligning interests with shareholders. Eligible persons contribute monetary claims in kind to acquire shares. During the restriction period, transfer and pledging of shares are prohibited, and under certain conditions, the company holds a right to acquire the shares without consideration. Release of restrictions is contingent upon continued service, and upon resignation or retirement, part of the held shares will have restrictions lifted.
