Komori
Disclosure1893PENTA-OCEAN CONSTRUCTION CO.,LTD.Construction and Materials

Notice Regarding an Additional Contribution to the Board Benefit Trust (BBT)

The Company will make an additional contribution of ¥2.7 billion to the trust to continue the performance-linked stock compensation plan for directors and executive officers from April 2026 through March 2029. The trust is expected to use these funds to acquire up to 1,669,000 of the Company's ordinary shares.

Worth reading
68In focus
Scored from 5 of 6 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
2700000000
¥
Wording
Conditional
How definitive the wording is.

Decision and Details

Board of Directors

Additional contribution to the Stock Benefit Trust (BBT)

Decision19 August 2026
Period Covered1 April 2026 to 31 March 2029
ImplementationAdditional contribution date: 4 September 2026 (scheduled)
Going forwardThe Company will make the additional contribution to the trust on 4 September 2026 and acquire the Company's ordinary shares through the exchange market from 4 September to 30 September 2026 (scheduled).
AmountAdditional contribution amount: ¥2,700,000,000
Quantity / scaleMaximum number of shares to be acquired: 1,669,000 shares. Share acquisition period: from 4 September 2026 to 30 September 2026 (scheduled)
Reason

To continue the plan for 3 years, the Company will make an additional contribution to provide the funds needed for the trust to acquire shares expected to be required for future benefits.

Decision and Details
ItemDetails
Matter CoveredAdditional contribution to the Stock Benefit Trust (BBT)
Decision-Making BodyBoard of Directors
Decision Date19 August 2026
Implementation DateAdditional contribution date: 4 September 2026 (scheduled)
Period Covered1 April 2026 to 31 March 2029
AmountAdditional contribution amount: ¥2,700,000,000
Quantity / scaleMaximum number of shares to be acquired: 1,669,000 shares. Share acquisition period: from 4 September 2026 to 30 September 2026 (scheduled)
ReasonTo continue the plan for 3 years, the Company will make an additional contribution to provide the funds needed for the trust to acquire shares expected to be required for future benefits.
Related previous disclosuresThe 67th Annual General Meeting of Shareholders held on 27 June 2017, the 71st Annual General Meeting of Shareholders held on 25 June 2021, and the 76th Annual General Meeting of Shareholders held on 24 June 2026
Future plansThe Company will make the additional contribution to the trust on 4 September 2026 and acquire the Company's ordinary shares through the exchange market from 4 September to 30 September 2026 (scheduled).
Items this document does not state (2)
Impact on Business PerformanceGoverning Rule

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 continue the plan for 3 years from 1 April 2026 to 31 March 2029, the Company will make an additional contribution to provide the funds needed for the trust to acquire shares expected to be required for future benefits.

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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 an Additional Contribution to the Board Benefit Trust (BBT) | PENTA-OCEAN CONSTRUCTION CO.,LTD. (1893) timely disclosure | Komori