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Share Issuance and Disposal1952Shin Nippon Air Technologies Co.,Ltd.Construction and Materials

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

Payment for the restricted stock allocated to the employee stock ownership plan has been completed. Following the forfeiture of some shares due to the finalization of participants who consented to join the plan, the number of shares disposed of decreased from 77,325 to 73,224, and the total disposal value decreased from ¥262,131,750 to ¥248,229,360.

Worth reading
29Immaterial
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
4101
Decrease in 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

73,224 common shares of the Company (before change: 77,325 shares)

新日本空調 Employee Stock Ownership Plan: 73,224 shares

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

¥3,390 per share
Total issue value

¥248,229,360 (before change: ¥262,131,750)

Categories and Number of Persons Covered
Members of the employee stock ownership plan (number not disclosed): 73,224 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 of73,224 common shares of the Company (before change: 77,325 shares)
Issue price and disposal price¥3,390 per share
Total issue value¥248,229,360 (before change: ¥262,131,750)
Payment date18 September 2026
Intended allottee新日本空調 Employee Stock Ownership Plan: 73,224 shares
Categories and Number of Persons CoveredMembers of the employee stock ownership plan (number not disclosed): 73,224 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 number of members who agreed to participate in the restricted stock incentive program for the Employee Stock Ownership Association was confirmed.

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 and Partial Forfeiture in Connection with the Disposal of Treasury Shares as Restricted Stock Incentives for the Employee Stock Ownership Association | Shin Nippon Air Technologies Co.,Ltd. (1952) timely disclosure | Komori