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Share Issuance and Disposal1992KANDA TSUSHINKI CO.,LTD.Construction and Materials

Notice Regarding the Disposal of Treasury Shares as Restricted Stock Compensation for Employees of the Company and Its Subsidiaries

The Company resolved to dispose of 4,600 treasury shares as restricted stock compensation to 21 employees of the Company and its subsidiaries. The payment date is 25 September 2026, and the restriction period is approximately 5 years.

Worth reading
37Immaterial
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Direction
Neutral
Direction inferred from the company’s description.
Scale
4600
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much4,600Shares

4,600 shares of the Company's common stock (treasury shares)

Employees of the Company19 / 4,400 shares
Employees of the Company's subsidiaries2 / 200 shares

The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.

¥2,999 per share
Total issue value

¥13,795,400

Total Stock-Based Compensation
Total monetary compensation receivables of ¥14,795,400 (¥13,195,600 for employees of the Company and ¥599,800 for employees of its subsidiaries)
発行済株式総数

Not applicable (disposal of treasury shares)

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

Conditions on transfer restrictions

Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.

Transfer restriction period
25 September 2026–24 September 2031
Conditions for lifting transfer restrictions
The eligible employee must remain an employee of the Company or one of its subsidiaries throughout the restriction period. If an eligible employee loses employee status before the end of the period due to mandatory retirement, promotion to an officer position, retirement due to death, or any other reason deemed legitimate by the Company's Board of Directors, the number of shares for which the restrictions are lifted will be reasonably adjusted.
Reason for acquisition without consideration
If, immediately after an eligible employee loses employee status with the Company or one of its subsidiaries during the restriction period, any shares remain subject to the transfer restrictions. If any shares remain subject to the transfer restrictions after the restrictions have been lifted due to a corporate reorganization or other similar event.
Categories and Number of Persons Covered
19 employees of the Company, 4,400 shares; 2 employees of the Company's subsidiaries, 200 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restrictions will be lifted at the end of the restriction period, provided that the eligible employee has remained an employee of the Company or one of its subsidiaries.
Payment date
25 September 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 1 July 2026, ¥2,999. Because no trade was executed on the immediately preceding business day, the closing price on the most recent preceding trading day was used. No discount or premium was applied.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as restricted stock compensation
Number of shares to be issued or disposed of4,600 shares of the Company's common stock (treasury shares)
Issue price and disposal price¥2,999 per share
Total issue value¥13,795,400
Payment date25 September 2026
Intended allotteeName Employees of the Company / Number of Employees 19 / Number of Shares 4,400 shares, Name Employees of the Company's subsidiaries / Number of Employees 2 / Number of Shares 200 shares
Intended allottee's holding policyDuring the restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restrictions will be lifted at the end of the restriction period, provided that the eligible employee has remained an employee of the Company or one of its subsidiaries.
Dilution RateNot applicable (disposal of treasury shares)
Basis for determining the amount to be paidThe closing price of the Company's common stock on the Tokyo Stock Exchange on 1 July 2026, ¥2,999. Because no trade was executed on the immediately preceding business day, the closing price on the most recent preceding trading day was used. No discount or premium was applied.
Transfer restriction period25 September 2026–24 September 2031
Conditions for lifting transfer restrictionsThe eligible employee must remain an employee of the Company or one of its subsidiaries throughout the restriction period. If an eligible employee loses employee status before the end of the period due to mandatory retirement, promotion to an officer position, retirement due to death, or any other reason deemed legitimate by the Company's Board of Directors, the number of shares for which the restrictions are lifted will be reasonably adjusted.
Reason for acquisition without considerationIf, immediately after an eligible employee loses employee status with the Company or one of its subsidiaries during the restriction period, any shares remain subject to the transfer restrictions. If any shares remain subject to the transfer restrictions after the restrictions have been lifted due to a corporate reorganization or other similar event.
Categories and Number of Persons Covered19 employees of the Company, 4,400 shares; 2 employees of the Company's subsidiaries, 200 shares
Total Stock-Based CompensationTotal monetary compensation receivables of ¥14,795,400 (¥13,195,600 for employees of the Company and ¥599,800 for employees of its subsidiaries)
Items this document does not state (14)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / 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.

To provide the eligible employees with an incentive to achieve sustained growth in the Company's corporate value and to promote the sharing of value between the eligible employees and shareholders.

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Notice Regarding the Disposal of Treasury Shares as Restricted Stock Compensation for Employees of the Company and Its Subsidiaries | KANDA TSUSHINKI CO.,LTD. (1992) timely disclosure | Komori