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Share Issuance and Disposal6306NIKKO CO.,LTD.Machinery

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company has resolved to dispose of 16,500 treasury shares as restricted stock compensation to 161 employees of Group companies who meet certain conditions. The employees will receive monetary compensation receivables and will be allocated the shares through an in-kind contribution of those receivables.

Worth reading
38Recurring
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Direction
Neutral
Direction inferred from the company’s description.
Scale
16500
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much16,500Shares

16,500 shares of the Company’s common stock (treasury shares)

161 employees and others of Group companies who meet certain conditions (excluding the Company’s directors, Audit & Supervisory Board Members, executive officers and counselors), 16,500 shares

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

¥988 per share
Total issue value

¥16,302,000

Amount of funds to be raised
Total payment amount: ¥16,302,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥16,302,000
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
11 September 2026 to 1 December 2027
Conditions for lifting transfer restrictions
The recipient must continuously hold a position as a director, Audit & Supervisory Board Member, executive officer or employee of a Group company throughout the restricted period. If the recipient resigns or retires for a legitimate reason, such as reaching retirement age, the restrictions will be lifted immediately thereafter. In the event of a reorganization or similar transaction, the restrictions will be lifted at the time immediately preceding the business day before the effective date, subject to the prescribed resolution.
Reason for acquisition without consideration
If the recipient resigns or retires from all positions as a director, Audit & Supervisory Board Member, executive officer and employee of the Group without a reason deemed legitimate, such as reaching retirement age, or if the restrictions have not been lifted when the restricted period expires.
Categories and Number of Persons Covered
161 employees and others of Group companies who meet certain conditions, 16,500 shares (excluding the Company’s directors, Audit & Supervisory Board Members, executive officers and counselors)
Intended allottee's holding policy
During the restriction period, the shares may not be transferred, pledged, used to create a security interest, gifted during the holder’s lifetime, bequeathed or otherwise disposed of. The shares will be held and maintained in a designated account until the restrictions are lifted.
Payment date
11 September 2026
Basis for determining the amount to be paid
The closing price of the Company’s common stock on the Tokyo Stock Exchange on 7 August 2026 was ¥988. No discount or premium rate is 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 of16,500 shares of the Company’s common stock (treasury shares)
Issue price and disposal price¥988 per share
Total issue value¥16,302,000
Amount of funds to be raisedTotal payment amount: ¥16,302,000; estimated net proceeds: Not disclosed
Payment date11 September 2026
Intended allottee161 employees and others of Group companies who meet certain conditions (excluding the Company’s directors, Audit & Supervisory Board Members, executive officers and counselors), 16,500 shares
Intended allottee's holding policyDuring the restriction period, the shares may not be transferred, pledged, used to create a security interest, gifted during the holder’s lifetime, bequeathed or otherwise disposed of. The shares will be held and maintained in a designated account until the restrictions are lifted.
Basis for determining the amount to be paidThe closing price of the Company’s common stock on the Tokyo Stock Exchange on 7 August 2026 was ¥988. No discount or premium rate is stated.
Transfer restriction period11 September 2026 to 1 December 2027
Conditions for lifting transfer restrictionsThe recipient must continuously hold a position as a director, Audit & Supervisory Board Member, executive officer or employee of a Group company throughout the restricted period. If the recipient resigns or retires for a legitimate reason, such as reaching retirement age, the restrictions will be lifted immediately thereafter. In the event of a reorganization or similar transaction, the restrictions will be lifted at the time immediately preceding the business day before the effective date, subject to the prescribed resolution.
Reason for acquisition without considerationIf the recipient resigns or retires from all positions as a director, Audit & Supervisory Board Member, executive officer and employee of the Group without a reason deemed legitimate, such as reaching retirement age, or if the restrictions have not been lifted when the restricted period expires.
Categories and Number of Persons Covered161 employees and others of Group companies who meet certain conditions, 16,500 shares (excluding the Company’s directors, Audit & Supervisory Board Members, executive officers and counselors)
Total Stock-Based CompensationTotal monetary compensation receivables: ¥16,302,000
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsDilution RateTotal 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 express appreciation for employees’ contributions, foster loyalty to the Company among new employees and others and encourage continued employment, and motivate employees and others to enhance corporate value from the same perspective as shareholders.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | NIKKO CO.,LTD. (6306) timely disclosure | Komori