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Share Issuance and Disposal1420Sanyo Homes CorporationConstruction and Materials

Notice of Decisions Concerning the Acquisition of Shares under the Employee Incentive Plan

The Company has decided to make an additional trust contribution of ¥50.8 million to the employee stock delivery trust, under which the trustee will additionally acquire 80,000 of the Company's treasury shares. The acquisition is scheduled to take place on 25 August 2026.

Worth reading
35Immaterial
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Direction
Neutral
Direction inferred from the company’s description.
Scale
50800000
¥
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

Acquisition through the disposal of treasury shares (employee stock delivery trust)

発行・処分する株式数80,000Shares

80,000 shares (treasury shares)

Intended allottee
Sumitomo Mitsui Trust Bank, Limited (re-trustee: Custody Bank of Japan, Ltd.)
Categories and Number of Persons Covered
Employees who satisfy the beneficiary requirements (number of employees and number of shares allocated: Not disclosed)
Intended allottee's holding policy
Acquisition for the employee stock delivery trust, under which shares are delivered to employees who satisfy the beneficiary requirements
Procedures under the Corporate Code of Conduct
The trust administrator is an independent third party unaffiliated with the Company and its officers
Most recent equity financing
Timing The employee incentive plan described in the disclosure dated 5 February 2024 / Type Share delivery trust for employees / Amount Not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalAcquisition through the disposal of treasury shares (employee stock delivery trust)
Number of shares to be issued or disposed of80,000 shares (treasury shares)
Intended allotteeSumitomo Mitsui Trust Bank, Limited (re-trustee: Custody Bank of Japan, Ltd.)
Intended allottee's holding policyAcquisition for the employee stock delivery trust, under which shares are delivered to employees who satisfy the beneficiary requirements
Categories and Number of Persons CoveredEmployees who satisfy the beneficiary requirements (number of employees and number of shares allocated: Not disclosed)
Procedures under the Corporate Code of ConductThe trust administrator is an independent third party unaffiliated with the Company and its officers
Most recent equity financingTiming The employee incentive plan described in the disclosure dated 5 February 2024 / Type Share delivery trust for employees / Amount Not disclosed
Items this document does not state (21)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMajor shareholders after the offeringImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To strengthen investment in human capital, enhance employee engagement, employees' sense of belonging and awareness of participation in management, foster awareness of the Company's performance and increases in its share price, and thereby enhance corporate value over the medium to long term.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of Decisions Concerning the Acquisition of Shares under the Employee Incentive Plan | Sanyo Homes Corporation (1420) timely disclosure | Komori