【Yamato Electric】Details of Share Buyback and Incentive Program｜June 2026

Overview of Capital Policy

Yamato Electric will sell 8,800 shares of treasury stock on July 24, 2026, for a total of 87,384,000 yen, as part of a stock compensation scheme for four directors. The sale price is set at 9,930 yen based on the market stock price, aiming to provide incentives and improve corporate value. The scheme includes provisions regarding transfer restrictions, method of contribution, and share management, with transfer restrictions lifted in accordance with the tenure of the targeted directors.

Impact on Shareholders and Future Outlook

The current share buyback is part of a system designed to increase shareholder value and boost the motivation of directors. The dilution effect from the sale is expected to be limited, and it is anticipated to contribute to the long-term enhancement of corporate value. The company plans to continue promoting sustainable growth and shareholder returns through incentive schemes and capital policy initiatives.