Yokowo Co., Ltd.
Notice Regarding Disposal of Treasury Stock by Third-Party Allotment Accompanying Introduction of Incentive Plan Utilizing Employee Stock Ownership Plan
On March 9, 2026, 276,800 ordinary shares were disposed of by third-party allotment at 2,601 yen per share, totaling 719,956,800 yen, introducing an ESOP trust utilizing the employee stock ownership plan.
Key Figures
- Number of Shares Disposed: 276,800 shares (1.16% dilution against 23,849,878 total outstanding shares)
- Disposal Price: 2,601 yen per share (based on closing price on February 9, 2026)
- Total Disposal Amount: 719,956,800 yen
AI要約
Overview of Capital Policy
Yokoo Co., Ltd. resolved at the Board of Directors meeting on February 10, 2026, to dispose of treasury stock by third-party allotment in connection with the introduction of an incentive plan (ESOP trust) utilizing the employee stock ownership plan. The shares to be disposed are 276,800 ordinary shares at 2,601 yen per share, totaling 719,956,800 yen. The allottee is The Master Trust Bank of Japan, Ltd. (ESOP trust account for employee stock ownership), and during the trust period, the shares are scheduled to be transferred to the company’s employee stock ownership plan. This results in a dilution rate of 1.16% against total outstanding shares.
Impact on Shareholders and Future Outlook
This disposal of treasury stock is not expected to cause temporary outflow into the stock market and the impact on the market is considered minimal. The disposal price was calculated based on the closing price on the business day prior to the board resolution, and all statutory auditors provided opinions that it is reasonable and not particularly advantageous. The dilution rate is less than 25%, and since there is no change in controlling shareholders, there is no need for independent third-party opinion or shareholder consent procedures.
