Inaba Denki Sangyo Conducts Share Buyback for Employees | May 2026

Details and Purpose of the Disposal

Inaba Denki Sangyo has resolved to conduct a share buyback of restricted stock units for its employee shareholding association, with up to 59,700 shares to be allocated. The purchase price is 2,681 yen per share, with the payment deadline on July 6, 2026. This program aims to enhance employee welfare and corporate value, supporting employee asset formation and morale. The disposal will be executed through third-party allotment, and an extraordinary report under the Financial Instruments and Exchange Act has been submitted. The dilution rate from this buyback is approximately 0.05%, and its impact on shareholders is expected to be limited.

Program Overview and Future Outlook

This program provides targeted employees with monetary claims, which are used to acquire restricted stock units. The restriction period runs from July 6, 2026, to June 22, 2029, and restrictions are automatically解除after the period ends. The program also details procedures for handling cases where employees resign or undergo organizational reorganization, ensuring flexibility and transparency. The purchase price is determined based on the market stock price, and the Audit Committee has approved its legality.