Shibusawa Logistics Corporation
Notice Regarding Disposal of Treasury Stock Due to Expansion of Stock Grant Trust (J-ESOP) Eligibility and Additional Contributions
On March 16, 2026, 600,000 shares of treasury stock will be disposed of at ¥1,386 per share, totaling ¥831,600,000, as an additional contribution to expand the Stock Grant Trust (J-ESOP) eligibility to all employees.
Key Figures
- Number of Treasury Stock Shares Disposed: 600,000 shares
- Disposal Price (per share): ¥1,386
- Total Disposal Amount: ¥831,600,000
AI要約
Overview of Capital Policy
Shibusawa Warehouse Co., Ltd. has decided to expand the eligibility of the Stock Grant Trust (J-ESOP) system from employees holding certain managerial positions to all employees. Accordingly, 600,000 shares of treasury stock will be disposed of on March 16, 2026, and an additional trust amount of ¥831,600,000 will be contributed. The disposal price is set at ¥1,386 per share, based on the closing price on the last trading day before the board of directors' resolution date, accounting for 0.99% of the total outstanding shares.
Impact and Purpose for Shareholders
This disposal of treasury stock aims to enhance medium- to long-term corporate value through stock grants to employees and seeks to improve employee motivation and morale. The share quantities are stated pre-stock split (effective October 1, 2025; 4 shares per 1 share), and the dilution scale is judged reasonable. The disposal recipient is Trust & Custody Services Bank, Ltd. (Trust Account E), the trustee, which will submit a timely disclosure report pursuant to the Financial Instruments and Exchange Act.
