Disposal of treasury stock completed. Disposed shares: 1,188 common shares; payment per share: 3,835 yen; total payment: 4,555,980 yen. Disposed to three internal directors (excluding outside directors, etc.), payment date: 2026-07-10.<\/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,"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":"4553","jir_company_name":"Toha Pharmaceutical Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/4553-20260710-01.pdf","jir_short_summary":"Disposal of treasury stock completed. Disposed shares: 1,188 common shares; payment per share: 3,835 yen; total payment: 4,555,980 yen. Disposed to three internal directors (excluding outside directors, etc.), payment date: 2026-07-10.","jir_summary":"### Overview\nToha Pharmaceutical announced the completion of payment for the disposal of treasury stock as part of share compensation with transfer restrictions. The target disposal is 1,188 of the company\u2019s common shares, at 3,835 yen per share, for a total of 4,555,980 yen. Disposed to three company directors (excluding outside directors and those subject to long-term performance-linked stock-based compensation), with payment date on July 10, 2026.\n\n### Impact and Outlook\nThis notice confirms the practical completion of the disposal of treasury stock as share compensation and is not a publication of new financial metrics. While the disposal could dilute shareholder value, the fact that only three executives are involved means additional information is required to assess overall cost of capital and dilution impact. Going forward, monitoring the operation of this program and any further disclosures is warranted.","jir_financial_highlights":"Disposal of treasury stock: 1,188 shares (Unknown)\nPayment amount (per share): 3,835 yen (Unknown)\nTotal payment: 4,555,980 yen (Unknown)\nPayment date: July 10, 2026 (Unknown)","jir_category":"","jir_hashtags":"#TohaPharmaceutical, #IR, #JapanStocks","jir_key_figures":"Disposal of treasury stock: 1,188 shares\nPayment: 3,835 yen per share\nTotal payment: 4,555,980 yen","jir_meta_title":"Toha Pharmaceutical \u2013 Notice of Completion of Treasury Stock Disposal | July 10, 2026","jir_meta_description":"Toha Pharmaceutical announces completion of payment for treasury stock disposal as part of share compensation with transfer restrictions. Disposed shares: 1,188; payment per share: 3,835 yen; total payment: 4,555,980 yen; payment date: 2026-07-10.","jir_og_title":"Toha Pharmaceutical \u2013 Notice of Completion of Treasury Stock Disposal","jir_og_description":"Disclosure of payment completion for treasury stock disposal. Disposed 1,188 shares; total payment 4,555,980 yen; payment date 2026-07-10.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9026,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"stock_option","footnotes":""},"sector":[],"importance":[],"class_list":["post-78368","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n