On April 24, 2026, Noritzu Steel Co., Ltd. will dispose of 30,768 shares of treasury stock (total disposal amount of JPY 65,997,360) as restricted stock compensation to two directors and two executive 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/7744-20260326-01.pdf","jir_short_summary":"On April 24, 2026, Noritzu Steel Co., Ltd. will dispose of 30,768 shares of treasury stock (total disposal amount of JPY 65,997,360) as restricted stock compensation to two directors and two executive officers.","jir_summary":"### Overview of Treasury Stock Disposal\nNoritzu Steel Co., Ltd. resolved at the Board of Directors meeting to dispose of 30,768 shares of treasury stock (total disposal amount of JPY 65,997,360) as restricted stock compensation on April 24, 2026. The recipients are two directors receiving 27,972 shares and two executive officers receiving 2,796 shares. The disposal price is based on the closing price of JPY 2,145 on March 25, 2026, on the Tokyo Stock Exchange.\n\n### Purpose and Details of the Restricted Stock Compensation Plan\nThis disposal is part of the restricted stock compensation plan introduced in February 2021, granted to eligible directors and executive officers with the aim of sustainable enhancement of corporate value and sharing value with shareholders. The transfer restriction period is from the disposal date until immediately after the officers\u2019 resignation, with conditions for lifting transfer restrictions and provisions for forfeiture stipulated in the contract.","jir_financial_highlights":"Number of shares disposed: 30,768 shares (Unknown)\nTotal disposal amount: JPY 65,997,360 (Unknown)\nDisposal price (per share): JPY 2,145 (Unknown)\nDisposal date: 2026-04-24 (Unknown)","jir_category":"","jir_hashtags":"#NoritzuSteel, #TreasuryStockDisposal, #RestrictedStockCompensation, #JapaneseStocks","jir_key_figures":"Number of shares disposed: 30,768 shares (disposed as restricted stock compensation)\nTotal disposal amount: JPY 65,997,360 (based on closing price on March 25, 2026)\nDisposal date: 2026-04-24","jir_meta_title":"Noritzu Steel to Dispose of 30,768 Shares of Treasury Stock as Restricted Stock Compensation (JPY 66 Million)","jir_meta_description":"Noritzu Steel Co., Ltd. resolved to dispose of 30,768 shares of treasury stock (total disposal amount of JPY 65,997,360) as restricted stock compensation to directors and executive officers on April 24, 2026.","jir_og_title":"Noritzu Steel Announces Treasury Stock Disposal via Restricted Stock Compensation","jir_og_description":"Noritzu Steel plans to dispose of 30,768 shares of treasury stock to directors and executive officers under the restricted stock compensation plan. The total disposal amount is approximately JPY 66 million.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8960,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-36894","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n