Disposal by third-party allotment of 41,500 shares to President Yoichi Isobe at 600 yen per share. Total disposal amount is 24,900,000 yen; treasury stock holdings after disposal will be 71,853 shares. The purpose is profit sharing with shareholders and commitment to enhancing corporate value, while taking market liquidity into consideration.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"4317","jir_company_name":"Ray Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-22","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/4317-20261022-01.pdf","jir_short_summary":"Disposal by third-party allotment of 41,500 shares to President Yoichi Isobe at 600 yen per share. Total disposal amount is 24,900,000 yen; treasury stock holdings after disposal will be 71,853 shares. The purpose is profit sharing with shareholders and commitment to enhancing corporate value, while taking market liquidity into consideration.","jir_summary":"### Overview of Capital Policy\nThis matter is a disposal of treasury stock based on a board resolution, executed as a third-party allotment. The shares subject to disposal are 41,500 ordinary shares of Ray Corporation, and the disposal price adopts the closing price of 600 yen on the business day prior to the board resolution to ensure fairness relative to market price. The total disposal amount is 24,900,000 yen. The recipient is the President and therefore constitutes a related-party transaction, but conflicts of interest have been excluded through deliberation. Dilution will remain below 25% at maximum, and it was determined that an independent third party opinion is not required.\n\n### Impact on Shareholders and Future Outlook\nThis disposal aims to share profits with shareholders and strengthen commitment to medium- to long-term corporate value enhancement. Attention is being paid to impacts on liquidity, and disposal by third-party allotment was chosen rather than market sale. The post-disposal treasury share ratio is expected to remain above a certain lower bound, and there will be no change in controlling shareholders.","jir_financial_highlights":"Number of shares disposed: 41,500 shares (Unknown)\nDisposal price: 600 yen per share (Unknown)\nTotal disposal amount: 24,900,000 yen (Unknown)\nRecipient of disposal: President Yoichi Isobe (Unknown)\nTreasury shares after disposal: 71,853 shares (Unknown)","jir_category":"","jir_hashtags":"#RayCorporation, #ShareBuyback","jir_key_figures":"Number of shares disposed: 41,500 shares (Recipient: Yoichi Isobe)\nTotal disposal amount: 24,900,000 yen\nTreasury shares after disposal: 71,853 shares","jir_meta_title":"Ray Corporation: Decision to Dispose of Treasury Stock\uff5cDisposal of 41,500 Shares by Third-Party Allotment at 600 yen\/share","jir_meta_description":"Ray Corporation will dispose of 41,500 treasury shares to the President by third-party allotment. Total disposal amount is 24,900,000 yen; treasury shares after disposal will be 71,853 shares. Price set based on market price to ensure fairness and as part of capital policy aimed at sharing benefits with shareholders.","jir_og_title":"Ray Corporation\uff5cDecision to Dispose of Treasury Stock, 41,500 Shares Disposed by Third-Party Allotment","jir_og_description":"Ray Corporation will dispose of 41,500 treasury shares to the President at 600 yen per share. Total amount is 24,900,000 yen, and treasury holdings after disposal will be 71,853 shares. A capital policy demonstrating commitment to shareholder benefit sharing and medium- to long-term growth.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59123,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-133426","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n