Daiichi Jitsugyo Share Cancellation and Introduction of Director Stock Compensation System｜July 2026

Overview of Share Cancellation

Daiichi Jitsugyo will dispose of 23,400 shares of treasury stock on July 24, 2026, raising a total of 68,819,400 yen. The disposal targets nine directors and executive officers, as well as three Audit & Supervisory Board members, at a price of 2,941 yen per share. The disposal is part of a restricted stock transfer system aimed at promoting long-term corporate value and motivating officers. The disposed shares will be held in a management account for a 30-year restriction period and will be released under certain conditions.

Impact on Shareholders and Future Outlook

This share cancellation aims to improve capital efficiency and strengthen corporate governance, while securing long-term incentives for directors. Although the number of issued shares will increase due to the disposal, the company expects to enhance long-term enterprise value. Moving forward, the company plans to continue operating its director stock compensation system and pursue capital policies aimed at maximizing shareholder value.