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Share Issuance and Disposal1787Nakabohtec Corrosion Protecting Co.,Ltd.Construction and Materials

Notice Regarding Completion of Payment for the Disposal of Treasury Shares as Restricted Stock for Employees and Partial Forfeiture

Payment for the planned disposal of treasury shares as restricted stock to employees has been completed. However, 7 employees declined their allocations and forfeited their rights, reducing the number of shares disposed of from 44,760 to 43,660 and the total amount from ¥277,959,600 to ¥271,128,600.

Worth reading
35Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
1100
Decrease in shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock

Who receives how much

43,660 shares of the Company's common stock (before the change: 44,760 shares)

292 employees, 43,660 shares (before the change: 299 employees, 44,760 shares)

The lower thin line represents the existing number of shares to which these shares will be added.

¥6,210 per share
Total issue value

¥271,128,600 (before the change: ¥277,959,600)

Categories and Number of Persons Covered
292 employees, 43,660 shares (before the change: 299 employees, 44,760 shares)
Payment date
27 August 2021
Impact on Business Performance
No change to the earnings forecast for the fiscal year ending March 2022 as a result of this matter
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as restricted stock
Number of shares to be issued or disposed of43,660 shares of the Company's common stock (before the change: 44,760 shares)
Issue price and disposal price¥6,210 per share
Total issue value¥271,128,600 (before the change: ¥277,959,600)
Payment date27 August 2021
Intended allottee292 employees, 43,660 shares (before the change: 299 employees, 44,760 shares)
Categories and Number of Persons Covered292 employees, 43,660 shares (before the change: 299 employees, 44,760 shares)
Impact on Business PerformanceNo change to the earnings forecast for the fiscal year ending March 2022 as a result of this matter
Items this document does not state (20)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution 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 RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offering

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.

7 of the employees scheduled to receive allocations declined them and forfeited their rights. The Company states that this will not result in any change to its earnings forecast for the fiscal year ending March 2022.

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 Regarding Completion of Payment for the Disposal of Treasury Shares as Restricted Stock for Employees and Partial Forfeiture | Nakabohtec Corrosion Protecting Co.,Ltd. (1787) timely disclosure | Komori