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Share Issuance and Disposal5981TOKYO ROPE MFG.CO.,LTDConstruction and Materials

Notice Regarding the Disposal of Treasury Shares as Restricted Stock for Employees

The Company resolved to grant a total of 5,943 restricted shares to 31 employees of the Company and its subsidiaries through the disposal of treasury shares. In principle, the shares may not be transferred for approximately 3 years.

Worth reading
43Recurring
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
0.04
% (dilution rate relative to the total number of issued shares)
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock

Who receives how much5,943Shares

5,943 common shares of the Company (treasury shares)

28 employees of the Company5,363 shares
3 employees of the Company's subsidiaries580 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.

¥1,971 per share
Total issue value

¥11,713,653

Total Stock-Based Compensation
Total monetary claims of ¥11,713,653
発行済株式総数

0.04% (relative to the total shares outstanding as of 23 July 2026)

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
21 August 2026 to 31 August 2029
Conditions for lifting transfer restrictions
The recipient must continuously hold a position as a director, executive officer or employee of the Company or one of its subsidiaries during the restricted period. If the recipient resigns or retires for a legitimate reason, the restrictions will be lifted on the number of shares corresponding to the period of service.
Reason for acquisition without consideration
If the recipient resigns or retires from all positions as a director, executive officer or employee of the Company and its subsidiaries before the end of the restricted period, except where the Company's Board of Directors recognizes a legitimate reason. If any shares remain subject to transfer restrictions at the end of the period, those shares will also be acquired. In the event of a reorganization or similar transaction, all shares that remain subject to transfer restrictions will be acquired.
Categories and Number of Persons Covered
Category Employees of the Company / Number of Employees 28 / Number of allocated shares 5,363 shares, Category Employees of the Company’s subsidiaries / Number of Employees 3 / Number of allocated shares 580 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred to any third party, pledged, used to establish a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any manner.
Payment date
21 August 2026
Basis for determining the amount to be paid
The closing price of ¥1,971 for the Company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution, 23 July 2026
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as restricted stock
Number of shares to be issued or disposed of5,943 common shares of the Company (treasury shares)
Issue price and disposal price¥1,971 per share
Total issue value¥11,713,653
Payment date21 August 2026
Intended allotteeName 28 employees of the Company / Number of Shares 5,363 shares, Name 3 employees of the Company's subsidiaries / Number of Shares 580 shares
Intended allottee's holding policyDuring the restriction period, the shares may not be transferred to any third party, pledged, used to establish a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any manner.
Dilution Rate0.04% (relative to the total shares outstanding as of 23 July 2026)
Basis for determining the amount to be paidThe closing price of ¥1,971 for the Company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution, 23 July 2026
Transfer restriction period21 August 2026 to 31 August 2029
Conditions for lifting transfer restrictionsThe recipient must continuously hold a position as a director, executive officer or employee of the Company or one of its subsidiaries during the restricted period. If the recipient resigns or retires for a legitimate reason, the restrictions will be lifted on the number of shares corresponding to the period of service.
Reason for acquisition without considerationIf the recipient resigns or retires from all positions as a director, executive officer or employee of the Company and its subsidiaries before the end of the restricted period, except where the Company's Board of Directors recognizes a legitimate reason. If any shares remain subject to transfer restrictions at the end of the period, those shares will also be acquired. In the event of a reorganization or similar transaction, all shares that remain subject to transfer restrictions will be acquired.
Categories and Number of Persons CoveredCategory Employees of the Company / Number of Employees 28 / Number of allocated shares 5,363 shares, Category Employees of the Company’s subsidiaries / Number of Employees 3 / Number of allocated shares 580 shares
Total Stock-Based CompensationTotal monetary claims of ¥11,713,653
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 promote sustainable growth in corporate value by enhancing the commitment of core personnel and employee engagement, encouraging employees to perform their duties with a focus on the Company's medium- to long-term share price, securing talented personnel, and aligning the interests of employees and shareholders.

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Notice Regarding the Disposal of Treasury Shares as Restricted Stock for Employees | TOKYO ROPE MFG.CO.,LTD (5981) timely disclosure | Komori