Komori
Share Issuance and Disposal5186Nitta CorporationAutomobiles and transportation equipment

Notice Regarding Completion of Payment for the Disposal of Treasury Shares as Restricted Stock Compensation for Directors and Executive Officers

Payment for the disposal of 6,203 treasury shares as restricted stock compensation for 4 directors (excluding outside directors) and 2 executive officers has been completed.

Worth reading
34Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
6203
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much6,203Shares

6,203 shares of the Company's common stock (treasury shares)

4 directors (excluding outside directors)6,203 shares
2 executive officers6,203 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.

¥6,230 per share
Total issue value

¥38,644,690

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 semi-annual report for the fiscal year that includes the date on which the executive officers, who are the intended recipients, receive the shares has been filed
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares Not disclosed, Category Executive officers / Number of Employees 2 / Number of allocated shares Not disclosed
Intended allottee's holding policy
Transfer will be prohibited until the Company's semiannual report for the fiscal year that includes the date on which the recipients receive the shares has been filed.
Payment date
24 July 2026
Procedures under the Corporate Code of Conduct
Because the total disposal value is less than ¥100 million, the Company has not filed a securities notification or an extraordinary report under the Financial Instruments and Exchange Act.
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 of6,203 shares of the Company's common stock (treasury shares)
Issue price and disposal price¥6,230 per share
Total issue value¥38,644,690
Payment date24 July 2026
Intended allotteeName 4 directors (excluding outside directors) / Number of Shares 6,203 shares, Name 2 executive officers / Number of Shares 6,203 shares
Intended allottee's holding policyTransfer will be prohibited until the Company's semiannual report for the fiscal year that includes the date on which the recipients receive the shares has been filed.
Transfer restriction periodUntil the Company's semi-annual report for the fiscal year that includes the date on which the executive officers, who are the intended recipients, receive the shares has been filed
Categories and Number of Persons CoveredCategory Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares Not disclosed, Category Executive officers / Number of Employees 2 / Number of allocated shares Not disclosed
Procedures under the Corporate Code of ConductBecause the total disposal value is less than ¥100 million, the Company has not filed a securities notification or an extraordinary report under the Financial Instruments and Exchange Act.
Items this document does not state (18)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 dispose of treasury shares to directors and executive officers as restricted stock compensation.

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 for the Disposal of Treasury Shares as Restricted Stock Compensation for Directors and Executive Officers | Nitta Corporation (5186) timely disclosure | Komori