Koito Manufacturing Co., Ltd.
【Koito Manufacturing Co., Ltd.】Disposal of Treasury Stock and Introduction of Stock Compensation System | June 2026
Koito Manufacturing Co., Ltd. resolved to dispose of 119,600 shares of treasury stock at 2,630 yen per share on July 13, 2026, and to allocate 119,600 shares to directors and executive officers as part of the stock compensation system.
Key Figures
- Number of Shares Disposed: 119,600 shares
- Disposal Price: 2,630 yen
- Total Disposal Amount: 314,548,000 yen
AI要約
Overview of Treasury Stock Disposal
Koito Manufacturing Co., Ltd. resolved to dispose of 119,600 shares of treasury stock at 2,630 yen per share on July 13, 2026. This disposal is part of a stock compensation system and will be allocated to directors and executive officers, totaling approximately 314.548 million yen. The disposal has been reported via an Extraordinary Report in accordance with the Financial Instruments and Exchange Act.
Stock Compensation System and Future Outlook
This system aims to share the benefits and risks of stock price fluctuations with officers and promote corporate value enhancement. The recipients are 8 directors and 19 executive officers, with a transfer restriction period until their departure or retirement. The stock compensation system is designed to motivate officers to improve corporate value.
Koito Manufacturing Co., Ltd.
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