Tokyo Radiator Mfg.Co.,Ltd.
Notice of Share Grant with Transfer Restrictions | July 21, 2026
Tokyo Radiator Manufacturing has disposed of 91,800 treasury shares for 136,598,400 yen, granting them to directors and executives. The share grants aim to incentivize management and share corporate value, with a transfer restriction period starting from August 20, 2026, until resignation. The disposition is intended to enhance corporate value and promote shareholder value sharing.
Key Figures
- Number of Shares Disposed: 91,800 shares
- Disposal Price: 1,488 yen
- Total Disposition Amount: 136,598,400 yen
AI要約
Overview of Capital Policy
Tokyo Radiator Manufacturing has decided to dispose of treasury stock with transfer restrictions aimed at providing incentives to directors and senior employees. The shares to be disposed of total 91,800, with a disposal price of 1,488 yen and a total amount of 136,598,400 yen. The disposal will occur on August 20, 2026, with the transfer restriction period continuing until resignation. This measure is designed to promote sustainable corporate value enhancement and share value sharing with shareholders. The disposal is executed as an in-kind contribution of cash)entitlement bonds, with detailed provisions on share management and transfer restrictions for officers and senior employees.
Future Outlook and Impact on Shareholders
The disposal of treasury stock this time aims to strengthen incentives for management and improve corporate value. By granting shares, it encourages long-term commitment from management and aims to increase shareholder value. During the transfer restriction period, transfers and dispositions of shares are restricted, with mechanisms for free acquisition or解除 of transfer restrictions upon resignation or retirement. This supports stable management and sustainable growth of the company, and is expected to enhance long-term returns for shareholders.
Tokyo Radiator Manufacturing Co., Ltd.
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