On April 15, 2026, treasury stock of 18,800 shares will be disposed of as restricted stock compensation at 2,372 yen per share, totaling 44,593,600 yen, to 4 directors and 3 executive 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Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/5943-20260327-02.pdf","jir_short_summary":"On April 15, 2026, treasury stock of 18,800 shares will be disposed of as restricted stock compensation at 2,372 yen per share, totaling 44,593,600 yen, to 4 directors and 3 executive officers.","jir_summary":"### Overview of Treasury Stock Disposal\nNoritz Corporation resolved to dispose of 18,800 shares of treasury stock as restricted stock compensation effective April 15, 2026. The disposal price is 2,372 yen per share, totaling 44,593,600 yen, with allocation planned for 16,200 shares to 4 directors and 2,600 shares to 3 executive officers. This disposal is based on the restricted stock compensation plan approved at the Ordinary General Meetings of Shareholders held on March 30, 2021, and March 28, 2024.\n\n### Conditions and Purpose of Restricted Stock\nThe transfer restriction period starts on April 15, 2026, and continues until the allocated persons resign or leave the company, after fulfilling a certain service period at which point the transfer restrictions are lifted. Shares under restriction are managed in a dedicated account at Daiwa Securities, and transfers or pledges are prohibited during the restriction period. The purpose is to share stock price fluctuation benefits and risks with directors and executive officers, enhancing their motivation to contribute to increasing corporate value.","jir_financial_highlights":"Number of shares disposed: 18,800 shares (Unknown)\nDisposal price (per share): 2,372 yen (Unknown)\nTotal disposal amount: 44,593,600 yen (Unknown)","jir_category":"","jir_hashtags":"#NoritzCorporation, #TreasuryStockDisposal, #RestrictedStockCompensation","jir_key_figures":"Number of shares disposed: 18,800 shares\nDisposal price (per share): 2,372 yen (based on the closing price on March 26, 2026)\nTotal disposal amount: 44,593,600 yen","jir_meta_title":"Noritz Corporation to Dispose of 18,800 Restricted Treasury Shares for 44,593,600 Yen","jir_meta_description":"Noritz Corporation resolved to dispose of 18,800 shares of treasury stock as restricted stock compensation at 2,372 yen per share, totaling 44,593,600 yen, to directors and executive officers on April 15, 2026.","jir_og_title":"Noritz Corporation Disposes of 18,800 Restricted Treasury Shares","jir_og_description":"Disposal of 18,800 treasury shares as restricted stock compensation for 44,593,600 yen. This is part of a compensation system aimed at enhancing corporate value.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9656,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-37360","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n