Komori
Share Issuance and Disposal6493NITTAN CorporationAutomobiles and transportation equipment

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 25,633 treasury shares as restricted stock compensation to 5 directors, excluding outside directors. The shares may not be transferred until the directors leave office.

Worth reading
35Immaterial
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
25633
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much25,633Shares

25,633 common shares of the Company (treasury shares)

5 directors of the Company (excluding outside directors)25,633 shares

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

¥483 per share
Total issue value

¥12,380,739

Amount of funds to be raised
As the shares will be paid for through an in-kind contribution of monetary remuneration claims, no payment proceeds or estimated net proceeds will effectively arise.
Total Stock-Based Compensation
Total monetary remuneration claims of ¥12,380,739
発行済株式総数

No increase

As this is a disposal of treasury shares, the total number of issued shares will not increase

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
From 4 August 2026 until the date on which the director leaves office
Conditions for lifting transfer restrictions
Provided that the director continuously remains in office as a director of the Company throughout the restricted transfer period, all of the allocated shares held immediately after the period expires will be released from the transfer restrictions. In the event of a corporate reorganization or other similar event, a reasonably determined number of shares will be released before the effective date.
Reason for acquisition without consideration
If any event specified in the allocation agreement occurs, including leaving office for a reason other than one deemed justifiable. This also applies if any shares remain subject to transfer restrictions when the restricted transfer period expires.
Categories and Number of Persons Covered
5 directors of the Company, excluding outside directors; 25,633 shares
Intended allottee's holding policy
The restricted transfer period runs from 4 August 2026 until the date on which the director leaves office. During this period, the shares may not be transferred, pledged or otherwise disposed of.
Payment date
4 August 2026
Basis for determining the amount to be paid
The closing price of ¥483 on the business day immediately preceding the date of the Board of Directors’ resolution. No discount or premium.
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 of25,633 common shares of the Company (treasury shares)
Issue price and disposal price¥483 per share
Total issue value¥12,380,739
Amount of funds to be raisedAs the shares will be paid for through an in-kind contribution of monetary remuneration claims, no payment proceeds or estimated net proceeds will effectively arise.
Payment date4 August 2026
Intended allotteeName 5 directors of the Company (excluding outside directors) / Number of Shares 25,633 shares
Intended allottee's holding policyThe restricted transfer period runs from 4 August 2026 until the date on which the director leaves office. During this period, the shares may not be transferred, pledged or otherwise disposed of.
Dilution RateAs this is a disposal of treasury shares, the total number of issued shares will not increase
Total number of issued sharesNo increase
Basis for determining the amount to be paidThe closing price of ¥483 on the business day immediately preceding the date of the Board of Directors’ resolution. No discount or premium.
Transfer restriction periodFrom 4 August 2026 until the date on which the director leaves office
Conditions for lifting transfer restrictionsProvided that the director continuously remains in office as a director of the Company throughout the restricted transfer period, all of the allocated shares held immediately after the period expires will be released from the transfer restrictions. In the event of a corporate reorganization or other similar event, a reasonably determined number of shares will be released before the effective date.
Reason for acquisition without considerationIf any event specified in the allocation agreement occurs, including leaving office for a reason other than one deemed justifiable. This also applies if any shares remain subject to transfer restrictions when the restricted transfer period expires.
Categories and Number of Persons Covered5 directors of the Company, excluding outside directors; 25,633 shares
Total Stock-Based CompensationTotal monetary remuneration claims of ¥12,380,739
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsExercise 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 promote the sharing of value between the directors and shareholders. The Company also took into account its performance, the scope of responsibilities of each eligible director and other relevant circumstances.

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 Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | NITTAN Corporation (6493) timely disclosure | Komori