Komori
Share Issuance and Disposal5947RINNAI CORPORATIONConstruction and Materials

Notice Regarding Completion of Payment for the Disposal of Treasury Shares as a Restricted Stock Incentive for the Employee Stock Ownership Association and Partial Forfeiture

The payment for the planned disposal of treasury shares to the employee stock ownership association has been completed. Because some members did not consent to the plan, the number of shares disposed of decreased from 224,010 to 206,910, and the total disposal value decreased from ¥784,035,000 to ¥724,185,000.

Worth reading
27Immaterial
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
17100
Decrease in shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as transfer-restricted stock incentives for the employee stock ownership association (third-party allotment)

Who receives how much

206,910 shares of the Company's common stock (224,010 shares before the change)

Rinnai Employee Stock Ownership Association, 206,910 shares

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

¥3,500 per share
Total issue value

¥724,185,000 (¥784,035,000 before the change)

Categories and Number of Persons Covered
Employee stock ownership association members (number not disclosed), 206,910 shares allocated
Payment date
16 October 2026
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as transfer-restricted stock incentives for the employee stock ownership association (third-party allotment)
Number of shares to be issued or disposed of206,910 shares of the Company's common stock (224,010 shares before the change)
Issue price and disposal price¥3,500 per share
Total issue value¥724,185,000 (¥784,035,000 before the change)
Payment date16 October 2026
Intended allotteeRinnai Employee Stock Ownership Association, 206,910 shares
Categories and Number of Persons CoveredEmployee stock ownership association members (number not disclosed), 206,910 shares allocated
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.

Because the number of members consenting to the restricted stock incentive plan for employee stock ownership association members was finalized, resulting in partial forfeiture.

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 a Restricted Stock Incentive for the Employee Stock Ownership Association and Partial Forfeiture | RINNAI CORPORATION (5947) timely disclosure | Komori