Komori
Share Issuance and Disposal1882TOA ROAD CORPORATIONConstruction and Materials

Notice of Completion of Payment and Partial Forfeiture in Connection with the Disposal of Treasury Shares as Restricted Stock Incentives for the Employee Stock Ownership Plan

The payment for the disposal of treasury shares to the employee stock ownership plan has been completed. The number of participants who consented to the plan was finalized, and due to partial forfeiture, the number of shares disposed of decreased from 250,000 to 230,200, while the total disposal amount decreased from ¥388,750,000 to ¥357,961,000.

Worth reading
33Immaterial
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
230200
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as a restricted stock incentive for the Employee Stock Ownership Association (third-party allotment)

Who receives how much

230,200 treasury shares (250,000 before the change)

東亜道路従業員持株会 (230,200 shares)

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

¥1,555 per share
Total issue value

¥357,961,000 (¥388,750,000 before the change)

Categories and Number of Persons Covered
Employee stock ownership plan (number of members: Not disclosed), 230,200 shares
Payment date
18 September 2026
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as a restricted stock incentive for the Employee Stock Ownership Association (third-party allotment)
Number of shares to be issued or disposed of230,200 treasury shares (250,000 before the change)
Issue price and disposal price¥1,555 per share
Total issue value¥357,961,000 (¥388,750,000 before the change)
Payment date18 September 2026
Intended allottee東亜道路従業員持株会 (230,200 shares)
Categories and Number of Persons CoveredEmployee stock ownership plan (number of members: Not disclosed), 230,200 shares
Items this document does not state (21)
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 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.

The changes in the number of shares disposed of and the total disposal amount resulted from the finalization of the number of members who consented to the restricted stock incentive plan for the employee stock ownership plan.

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 Completion of Payment and Partial Forfeiture in Connection with the Disposal of Treasury Shares as Restricted Stock Incentives for the Employee Stock Ownership Plan | TOA ROAD CORPORATION (1882) timely disclosure | Komori