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Other Disclosures1878DAITO TRUST CONSTRUCTION CO.,LTD.Real Estate

Notice Regarding the Reintroduction of an Incentive Plan Utilizing an Employee Stock Ownership Plan

Daito Trust Construction decided at a Board of Directors meeting to reintroduce an ESOP trust that will acquire and hold the company's shares through the employee stock ownership plan. The trust will acquire in bulk the shares it is expected to sell to the plan over the next 5 years, linking the plan to employee benefits and incentives for share price appreciation.

Worth reading
61In focus
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Direction
Neutral
Direction inferred from the company’s description.
Scale
134
¥100 million (total value of shares to be acquired)
Wording
Definitive
How definitive the wording is.

Announced details

Employee Stock Ownership ESOP Trust
Applicable field (uses covered by this announcement)

Employee benefits, employee wealth accumulation, and employee incentives

Launch date18 May 2026 (scheduled trust agreement and commencement of operations)
Contract Date18 May 2026 (trust agreement date)
Relationship between the counterparty and the company
DAITO TRUST CONSTRUCTION CO.,LTD.1878
Relationship with the Company

The company will be the settlor of the ESOP trust and will guarantee the bank loan. Mitsubishi UFJ Trust and Banking Corporation will act as trustee, and The Master Trust Bank of Japan, Ltd. as co-trustee. The Daito Trust Construction Employee Stock Ownership Plan is the company's employee stock ownership plan.

CounterpartyMitsubishi UFJ Trust and Banking Corporation; co-trustee: The Master Trust Bank of Japan, Ltd.; bank (name not disclosed); Daito Trust Construction Employee Stock Ownership Plan

Mitsubishi UFJ Trust and Banking Corporation and The Master Trust Bank of Japan, Ltd. will act as trustee and co-trustee, respectively. The bank will provide financing to the ESOP trust. The Daito Trust Construction Employee Stock Ownership Plan is the company's employee stock ownership plan. Other information, including location, representative, capital and year established, is not disclosed.

Registration number and expiry date

Trust period: 18 May 2026 to 15 June 2031

Contract Value

¥13.4 billion (total value of shares to be acquired)

Offering price

Shares will be transferred to the company's employee stock ownership plan at market value.

The company does not address Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredEmployee Stock Ownership ESOP Trust
CounterpartyMitsubishi UFJ Trust and Banking Corporation; co-trustee: The Master Trust Bank of Japan, Ltd.; bank (name not disclosed); Daito Trust Construction Employee Stock Ownership Plan
Counterparty overviewMitsubishi UFJ Trust and Banking Corporation and The Master Trust Bank of Japan, Ltd. will act as trustee and co-trustee, respectively. The bank will provide financing to the ESOP trust. The Daito Trust Construction Employee Stock Ownership Plan is the company's employee stock ownership plan. Other information, including location, representative, capital and year established, is not disclosed.
Relationship with the CompanyThe company will be the settlor of the ESOP trust and will guarantee the bank loan. Mitsubishi UFJ Trust and Banking Corporation will act as trustee, and The Master Trust Bank of Japan, Ltd. as co-trustee. The Daito Trust Construction Employee Stock Ownership Plan is the company's employee stock ownership plan.
Contract Value¥13.4 billion (total value of shares to be acquired)
Offering priceShares will be transferred to the company's employee stock ownership plan at market value.
Contract Date18 May 2026 (trust agreement date)
Launch date18 May 2026 (scheduled trust agreement and commencement of operations)
Applicable areaEmployee benefits, employee wealth accumulation, and employee incentives
Registration number and expiry dateTrust period: 18 May 2026 to 15 June 2031
Items this document does not state (8)
Award/certification nameAwarding / certifying bodyLocationLocation scaleQuantitative EffectsUsage historyImpact on Business PerformanceSource

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 enhance employee benefit programs, raise employees' awareness of business performance and shareholder value by providing incentives for share price appreciation, and increase 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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Reintroduction of an Incentive Plan Utilizing an Employee Stock Ownership Plan | DAITO TRUST CONSTRUCTION CO.,LTD. (1878) timely disclosure | Komori