Mabuchi Motor Co., Ltd.
Notice Regarding Disposal of Treasury Shares as Stock Compensation
On April 24, 2026, resolved to dispose of 37,120 treasury shares at 1,675.5 yen per share, totaling 62,194,560 yen, to 12 Directors, Executive Officers, and Board Members under the stock compensation plan.
Key Figures
- Number of shares disposed: 37,120 shares (allocated to 12 Directors, Executive Officers, and Board Members)
- Disposal price: 1,675.5 yen per share (based on closing price on April 8, 2026)
- Total disposal price: 62,194,560 yen
AI要約
Overview of Disposal of Treasury Shares
At the Board of Directors meeting held on April 9, 2026, Mabuchi Motor Co., Ltd. resolved to dispose of 37,120 treasury shares to a total of 12 individuals consisting of 4 Directors, 7 Executive Officers, and 1 Board Member under the restricted stock compensation plan. The disposal price is set at 1,675.5 yen per share, totaling 62,194,560 yen, with payment due on April 24, 2026. The transfer restriction period is from the grant date until the applicable officers resign or retire, aiming to promote medium- to long-term sharing of shareholder value.
Purpose and Terms of the Stock Compensation Plan
This plan was introduced in 2018 to provide Directors and Executive Officers with incentives to enhance corporate value over the medium to long term and to promote value sharing with shareholders. The scope has now been expanded to include Board Members. Allocated shares come with transfer restrictions prohibiting transfer or pledge. Release of these restrictions is conditional on continued provision of services; if not met, the Company will acquire the shares free of charge. Transfer restrictions may be lifted in case of corporate restructuring.
