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Share Issuance and Disposal5820MITSUBOSHI CO.,LTD.Iron & Steel, Nonferrous Metals

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 5,600 treasury shares to directors, executive officers and employees as restricted stock compensation. The disposal price is ¥803 per share, and the total number of eligible recipients is 17.

Worth reading
49Recurring
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Direction
Neutral
Direction inferred from the company’s description.
Scale
5600
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much5,600Shares

5,600 common shares of the Company (treasury shares)

2 directors (excluding directors who are Audit & Supervisory Committee members and outside directors)2,000 shares
3 executive officers1,200 shares
12 employees2,400 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.

¥803 per share
Total issue value

¥4,496,800

Amount of funds to be raised
Total payment amount: ¥4,496,800; estimated net proceeds: not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥4,496,800. The annual limit for monetary compensation receivables granted to eligible directors is ¥36 million.
Specific use of funds
Not disclosed (in-kind contribution of monetary compensation receivables granted under the plan)
発行済株式総数

The total number of issued shares will not increase because this is a disposal of treasury shares.

Not applicable (disposal of treasury shares only)

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
Eligible directors: from 22 July 2026 until the date on which they leave their position as a director of the Company or another position designated by the Board of Directors, or retire from employment. Eligible employees: from 22 July 2026 through 21 July 2029.
Conditions for lifting transfer restrictions
Eligible directors: They must continuously hold the position of director of the Company or another position designated by the Board of Directors throughout the service provision period. If they leave office or retire from employment for a valid reason, the restrictions will be lifted in proportion to the number of months in office. Eligible employees: They must continuously hold either an executive officer or employee position throughout the transfer restriction period. If they leave office or retire from employment for a valid reason, the restrictions will be lifted in proportion to the number of months employed.
Reason for acquisition without consideration
Upon expiration of the transfer restriction period, the Company will automatically acquire without consideration any shares allotted here whose transfer restrictions have not been lifted.
Categories and Number of Persons Covered
Category Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 2 / Number of allocated shares 2,000 shares, Category Executive officers / Number of Employees 3 / Number of allocated shares 1,200 shares, Category Employees / Number of Employees 12 / Number of allocated shares 2,400 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The shares allocated to eligible directors will be subject to transfer restrictions from 22 July 2026 until the date on which they leave their position as a director of the Company or another position designated by the Board of Directors, or retire from employment. The shares allocated to eligible employees will be subject to transfer restrictions from 22 July 2026 through 21 July 2029.
Payment date
22 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥803. No discount or premium rate was stated.
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 of5,600 common shares of the Company (treasury shares)
Issue price and disposal price¥803 per share
Total issue value¥4,496,800
Amount of funds to be raisedTotal payment amount: ¥4,496,800; estimated net proceeds: not disclosed
Specific use of fundsNot disclosed (in-kind contribution of monetary compensation receivables granted under the plan)
Payment date22 July 2026
Intended allotteeName 2 directors (excluding directors who are Audit & Supervisory Committee members and outside directors) / Number of Shares 2,000 shares, Name 3 executive officers / Number of Shares 1,200 shares, Name 12 employees / Number of Shares 2,400 shares
Intended allottee's holding policyDuring the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The shares allocated to eligible directors will be subject to transfer restrictions from 22 July 2026 until the date on which they leave their position as a director of the Company or another position designated by the Board of Directors, or retire from employment. The shares allocated to eligible employees will be subject to transfer restrictions from 22 July 2026 through 21 July 2029.
Dilution RateNot applicable (disposal of treasury shares only)
Total number of issued sharesThe total number of issued shares will not increase because this is a disposal of treasury shares.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥803. No discount or premium rate was stated.
Transfer restriction periodEligible directors: from 22 July 2026 until the date on which they leave their position as a director of the Company or another position designated by the Board of Directors, or retire from employment. Eligible employees: from 22 July 2026 through 21 July 2029.
Conditions for lifting transfer restrictionsEligible directors: They must continuously hold the position of director of the Company or another position designated by the Board of Directors throughout the service provision period. If they leave office or retire from employment for a valid reason, the restrictions will be lifted in proportion to the number of months in office. Eligible employees: They must continuously hold either an executive officer or employee position throughout the transfer restriction period. If they leave office or retire from employment for a valid reason, the restrictions will be lifted in proportion to the number of months employed.
Reason for acquisition without considerationUpon expiration of the transfer restriction period, the Company will automatically acquire without consideration any shares allotted here whose transfer restrictions have not been lifted.
Categories and Number of Persons CoveredCategory Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 2 / Number of allocated shares 2,000 shares, Category Executive officers / Number of Employees 3 / Number of allocated shares 1,200 shares, Category Employees / Number of Employees 12 / Number of allocated shares 2,400 shares
Total Stock-Based CompensationTotal monetary compensation receivables: ¥4,496,800. The annual limit for monetary compensation receivables granted to eligible directors is ¥36 million.
Items this document does not state (11)
Estimated issuance expensesExercise 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 incentives for the sustained enhancement of corporate value and shareholder value over the medium to long term and promote value sharing with shareholders. The Company also considered the purpose of the plan, its performance, the scope of responsibilities of each eligible recipient and other relevant circumstances.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | MITSUBOSHI CO.,LTD. (5820) timely disclosure | Komori