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Share Issuance and Disposal6185SMN CorporationInformation and Communications, Services and Others

Notice of Completion of Disposal of Treasury Shares as Restricted Stock for Directors

The disposal procedures for 34,391 treasury shares as restricted stock to 2 directors have been completed. The shares were granted for no consideration, but were valued at ¥378 per share, for a total value of ¥12,999,798.

Worth reading
28Immaterial
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
34391
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much34,391Shares

34,391 treasury shares

2 directors of the Company: 34,391 shares (excluding directors who are Audit and Supervisory Committee members and non-executive directors)

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

¥378 per share (fair value; shares were actually granted for no consideration)
Total issue value

¥12,999,798 (fair value)

Categories and Number of Persons Covered
2 directors: 34,391 shares (excluding directors who are Audit and Supervisory Committee members and non-executive directors)
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, which was ¥378
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 of34,391 treasury shares
Issue price and disposal price¥378 per share (fair value; shares were actually granted for no consideration)
Total issue value¥12,999,798 (fair value)
Intended allottee2 directors of the Company: 34,391 shares (excluding directors who are Audit and Supervisory Committee members and non-executive directors)
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, which was ¥378
Categories and Number of Persons Covered2 directors: 34,391 shares (excluding directors who are Audit and Supervisory Committee members and non-executive directors)
Items this document does not state (21)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesExercise 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.

To grant the shares for no consideration as compensation and other remuneration to the 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 Disposal of Treasury Shares as Restricted Stock for Directors | SMN Corporation (6185) timely disclosure | Komori