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Share Issuance and Disposal6632JVCKENWOOD CorporationElectrical Equipment and Precision Instruments

Notice Regarding the Disposal of Treasury Shares by Third-Party Allotment in Connection with an Additional Contribution to the Employee Stock Ownership Trust

The Company has decided to dispose of 850,000 treasury shares to the trust account in order to expand the scope of the stock benefit trust for employees to all executive employees. The total disposal price is ¥1,005,550,000, and the disposal will be carried out on 18 May 2026.

Worth reading
55In focus
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Direction
Neutral
Direction inferred from the company’s description.
Scale
0.53
Dilution ratio relative to total shares issued (%)
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of Treasury Shares Through a Third-Party Allotment

Who receives how much850,000Shares

850,000 common shares (treasury shares)

株式会社日本カストディ銀行 (Trust Account)850,000 shares

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

¥1,183 per share
Total issue value

¥1,005,550,000

Amount of funds to be raised
Total amount paid: ¥1,005,550,000; estimated net proceeds: Not disclosed
発行済株式総数

0.53% of total shares issued and 0.60% of the total number of voting rights as of 31 March 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.

Categories and Number of Persons Covered
All executive employees (number of eligible recipients and number of shares allotted: Not disclosed)
Payment date
18 May 2026
Basis for determining the amount to be paid
The closing price on 30 April 2026 was ¥1,183. This represents a decrease of 3.74% from the average price for the preceding month of ¥1,229, a decrease of 3.11% from the average price for the preceding three months of ¥1,221, and a decrease of 3.51% from the average price for the preceding six months of ¥1,226.
Procedures under the Corporate Code of Conduct
Because the dilution rate is less than 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholders’ intentions are not required.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of Treasury Shares Through a Third-Party Allotment
Number of shares to be issued or disposed of850,000 common shares (treasury shares)
Issue price and disposal price¥1,183 per share
Total issue value¥1,005,550,000
Amount of funds to be raisedTotal amount paid: ¥1,005,550,000; estimated net proceeds: Not disclosed
Payment date18 May 2026
Intended allotteeName 株式会社日本カストディ銀行 (Trust Account) / Number of Shares 850,000 shares
Dilution Rate0.53% of total shares issued and 0.60% of the total number of voting rights as of 31 March 2026
Total number of issued shares161,564,801 shares as of 30 April 2026 → Not disclosed
Basis for determining the amount to be paidThe closing price on 30 April 2026 was ¥1,183. This represents a decrease of 3.74% from the average price for the preceding month of ¥1,229, a decrease of 3.11% from the average price for the preceding three months of ¥1,221, and a decrease of 3.51% from the average price for the preceding six months of ¥1,226.
Categories and Number of Persons CoveredAll executive employees (number of eligible recipients and number of shares allotted: Not disclosed)
Procedures under the Corporate Code of ConductBecause the dilution rate is less than 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholders’ intentions are not required.
Items this document does not state (16)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost 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 increase employees’ motivation and morale and strengthen their commitment to achieving the goals of the new medium-term management plan, “VISION2030.” The trust will also acquire the shares expected to be granted to executive employees during the five business years from the fiscal year ending March 2027 through the fiscal year ending March 2031.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Disposal of Treasury Shares by Third-Party Allotment in Connection with an Additional Contribution to the Employee Stock Ownership Trust | JVCKENWOOD Corporation (6632) timely disclosure | Komori