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Share Issuance and Disposal3437TOKUDEN CO.,LTD.Construction and Materials

Notice of Completion of Allocation of Treasury Shares as Restricted Stock Compensation for Directors

The disposal and allocation of 2,354 treasury shares as restricted stock compensation to 5 directors has been completed.

Worth reading
33Immaterial
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Direction
Neutral
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Scale
2354
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much2,354Shares

2,354 treasury shares

5 directors of the Company (excluding directors serving as Audit and Supervisory Committee members and outside directors)

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

No consideration (basis for fair value: ¥2,646 per share)
Total issue value

¥6,228,684 (basis for fair value)

Amount of funds to be raised
Total amount to be paid: Not disclosed; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
¥6,228,684 (basis for fair value)
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
Until the Company's semiannual report for the fiscal year that includes the date on which the shares are delivered has been filed
Categories and Number of Persons Covered
5 of the Company's directors (excluding directors who are Audit & Supervisory Committee members and outside directors), 2,354 shares
Intended allottee's holding policy
Transfer prohibited until the Company's semi-annual report for the fiscal year in which the date on which the recipient directors are to receive the shares falls has been submitted
Basis for determining the amount to be paid
Calculated based on the closing price of the Company's common shares of ¥2,646 on the Tokyo Stock Exchange on 18 June 2026, the business day preceding the date of the Board of Directors' resolution on 19 June 2026
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 of2,354 treasury shares
Issue price and disposal priceNo consideration (basis for fair value: ¥2,646 per share)
Total issue value¥6,228,684 (basis for fair value)
Amount of funds to be raisedTotal amount to be paid: Not disclosed; estimated net proceeds: Not disclosed
Intended allottee5 directors of the Company (excluding directors serving as Audit and Supervisory Committee members and outside directors)
Intended allottee's holding policyTransfer prohibited until the Company's semi-annual report for the fiscal year in which the date on which the recipient directors are to receive the shares falls has been submitted
Basis for determining the amount to be paidCalculated based on the closing price of the Company's common shares of ¥2,646 on the Tokyo Stock Exchange on 18 June 2026, the business day preceding the date of the Board of Directors' resolution on 19 June 2026
Transfer restriction periodUntil the Company's semiannual report for the fiscal year that includes the date on which the shares are delivered has been filed
Categories and Number of Persons Covered5 of the Company's directors (excluding directors who are Audit & Supervisory Committee members and outside directors), 2,354 shares
Total Stock-Based Compensation¥6,228,684 (basis for fair value)
Items this document does not state (17)
Estimated issuance expensesSpecific use of fundsPayment dateDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsConditions for lifting transfer restrictionsReason for acquisition without considerationUnderwriter / 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 deliver the shares as restricted stock compensation to directors.

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 Allocation of Treasury Shares as Restricted Stock Compensation for Directors | TOKUDEN CO.,LTD. (3437) timely disclosure | Komori