Kokuyo Co., Ltd.
Notice Regarding the Disposal of Treasury Stock as Restricted Stock Compensation
On April 15, 2026, 77,005 shares of treasury stock will be disposed of at 835.9 yen per share, granting restricted stock compensation totaling 64,370,980 yen to 19 applicable officers.
Key Figures
- Number of shares disposed: 77,005 shares
- Disposal price (per share): 835.9 yen (based on closing price on March 26, 2026)
- Total disposal amount: 64,370,980 yen
- Transfer restriction period: 2026-04-15 to 2076-04-14 (50 years)
AI要約
Overview of the Restricted Stock Compensation Plan
Kokuyo Co., Ltd. has resolved to dispose of 77,005 shares of treasury stock as restricted stock compensation to 19 applicable officers, comprising 7 directors, 2 executive officers, and 10 corporate executive officers. The disposal price is based on the closing price on the Tokyo Stock Exchange of March 26, 2026, at 835.9 yen, totaling 64,370,980 yen. The applicable officers contribute monetary claims in kind and enter into a restricted stock allotment agreement. The transfer restriction period spans 50 years from April 15, 2026, to April 14, 2076, with the transfer restrictions lifted under certain conditions.
Purpose of Enhancing Shareholder Value and Sharing Value
This disposal aims to provide incentives that drive the sustainable improvement of the Company’s medium- to long-term corporate and shareholder value and to share value with shareholders. Following the transition to a company with a nominating committee, etc. on March 28, 2024, the scope of the restricted stock compensation plan was expanded to include outside directors and executive officers. Restricted stock will be managed in a dedicated account, with handling procedures stipulated in the event of organizational restructuring.
