On May 21, 2026, 3,016 shares of treasury stock were disposed of, totaling JPY 14,974,440, granted to 9 directors and executive officers under the restricted stock compensation 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-04-23","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/6524-20260423-01.pdf","jir_short_summary":"On May 21, 2026, 3,016 shares of treasury stock were disposed of, totaling JPY 14,974,440, granted to 9 directors and executive officers under the restricted stock compensation plan.","jir_summary":"### Overview of Treasury Stock Disposal\nKohoku Industrial Co., Ltd. has decided to dispose of 3,016 shares of treasury stock on May 21, 2026, under the restricted stock compensation plan. The disposal price is JPY 4,965 per share, totaling JPY 14,974,440. The recipients are 9 persons, consisting of 3 directors and 6 executive officers. This disposal aims to provide incentives for the recipients to enhance corporate value and to align interests with shareholders.\n\n### Details of Restricted Stock Compensation Plan and Impact on Shareholders\nUnder this plan, the recipients acquire shares by contributing monetary claims in kind, with a restriction period set long-term at 30 years. During the restriction period, transfer or pledge of the shares is prohibited, but restrictions can be lifted upon justifiable reasons such as retirement or reaching retirement age. Shares for which restrictions are not lifted will be acquired by the company without compensation. The disposal price was reasonably determined based on market price and is not advantageous. The dilution of shareholder value is considered limited.","jir_financial_highlights":"Number of shares disposed: 3,016 shares (Unknown)\nTotal amount of disposal: JPY 14,974,440 (Unknown)\nDisposal price (per share): JPY 4,965 (Unknown)\nRestriction period: 30 years (2026-05-21 to 2056-05-20) (Newly introduced)","jir_category":"","jir_hashtags":"#KohokuIndustrial, #TreasuryStockDisposal, #RestrictedStockCompensation, #JapaneseStocks","jir_key_figures":"Number of shares disposed: 3,016 shares\nTotal amount of disposal: JPY 14,974,440\nRestriction period: 30 years (2026-05-21 to 2056-05-20)","jir_meta_title":"[Kohoku Industrial] Disposal of 3,016 Treasury Stocks\uff5cGranted JPY 14,974,440 under Restricted Stock Compensation Plan\uff5cMay 2026","jir_meta_description":"Kohoku Industrial Co., Ltd. will dispose of 3,016 shares of treasury stock on May 21, 2026, totaling JPY 14,974,440, granting them to 9 directors and executive officers under the restricted stock compensation plan. The restriction period is 30 years.","jir_og_title":"[Kohoku Industrial] Disposal of 3,016 Treasury Stocks\uff5cGrant under Restricted Stock Compensation Plan","jir_og_description":"Kohoku Industrial is disposing of 3,016 treasury shares and granting them to directors etc. under the restricted stock compensation plan. The restriction period is 30 years.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16916,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-41927","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n