Tokyo Rope Mfg. Co., Ltd.

5981.T
Specialty Industrial Machinery
2026/08/10 Updated
Market Cap: $202.1M (¥31.9B)
Stock Price: $13.11 (¥2,071)
Exchange Rate: 1 USD = ¥157.98

Tokyo Kōtsū Corporation Share Buyback|2026-08-21

Tokyo Kōtsū conducted the disposal of 10,239 shares of treasury stock as part of a share-based compensation program with transfer restrictions for directors. The disposal price was 1,971 yen per share, totaling approximately 20.18 million yen. The disposal was executed on 2026-08-21, with provisions for transfer restriction removal and free acquisition upon retirement.

Importance:
Page Updated: July 24, 2026
IR Disclosure Date: July 24, 2026

Key Figures

  • Number of Shares Disposed: 10,239 shares
  • Disposal Amount: 20,181,069 yen
  • Payment Price (per share): 1,971 yen

AI要約

Director Incentives and Future Outlook

This share buyback aims to motivate directors to improve corporate value and share value with shareholders. The transfer restriction period is until retirement, with provisions for解除規定 when related to retirement or organizational reorganization. The disposal price was set based on market price and is considered reasonable. The company will continue to operate the制度を通じて, encouraging long-term corporate value enhancement and maximizing shareholder value.

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

Tokyo Kōtsū Corporation

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