Komori
Share Issuance and Disposal6676BUFFALO INC.Electrical Equipment and Precision Instruments

Notice Regarding the Disposal of Treasury Shares as Restricted Stock for Executive Officers

The Company resolved to dispose of 26,900 treasury shares as restricted stock, with monetary compensation receivables contributed in kind, to 18 executive officers. Transfers and other dispositions of the shares will be restricted from 13 May 2026 through 31 March 2029.

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Direction
Neutral
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Scale
26900
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much26,900Shares

Treasury shares: 26,900 common shares

18 executive officers, 26,900 shares

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

¥2,470 per share
Total issue value

¥66,443,000

Amount of funds to be raised
Total payment amount: ¥66,443,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥66,443,000
発行済株式総数

The total number of issued shares will not increase (disposal of treasury shares)

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
13 May 2026 through 31 March 2029
Conditions for lifting transfer restrictions
All of the allocated shares will be released from the transfer restrictions when the restriction period expires, provided that the recipient remains an executive officer of the Company continuously from 1 April 2026 through 31 March 2029. In the event of retirement due to death or another reason deemed legitimate by the Company, the restrictions will be released in proportion to the number of months of service divided by 36.
Reason for acquisition without consideration
At the expiration of the restriction period, or on the day following the date of retirement during the restriction period, the Company will acquire without compensation any allocated shares for which the transfer restrictions have not been released.
Categories and Number of Persons Covered
18 executive officers, 26,900 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The restriction period runs from 13 May 2026 through 31 March 2029.
Payment date
13 May 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 10 April 2026 was ¥2,470. No discount or premium applies.
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 ofTreasury shares: 26,900 common shares
Issue price and disposal price¥2,470 per share
Total issue value¥66,443,000
Amount of funds to be raisedTotal payment amount: ¥66,443,000; estimated net proceeds: Not disclosed
Payment date13 May 2026
Intended allottee18 executive officers, 26,900 shares
Intended allottee's holding policyDuring the restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The restriction period runs from 13 May 2026 through 31 March 2029.
Total number of issued sharesThe total number of issued shares will not increase (disposal of treasury shares)
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on 10 April 2026 was ¥2,470. No discount or premium applies.
Transfer restriction period13 May 2026 through 31 March 2029
Conditions for lifting transfer restrictionsAll of the allocated shares will be released from the transfer restrictions when the restriction period expires, provided that the recipient remains an executive officer of the Company continuously from 1 April 2026 through 31 March 2029. In the event of retirement due to death or another reason deemed legitimate by the Company, the restrictions will be released in proportion to the number of months of service divided by 36.
Reason for acquisition without considerationAt the expiration of the restriction period, or on the day following the date of retirement during the restriction period, the Company will acquire without compensation any allocated shares for which the transfer restrictions have not been released.
Categories and Number of Persons Covered18 executive officers, 26,900 shares
Total Stock-Based CompensationTotal monetary compensation receivables: ¥66,443,000
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateExercise 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 achieve sustained growth in corporate value and further promote value sharing with shareholders.

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 Regarding the Disposal of Treasury Shares as Restricted Stock for Executive Officers | BUFFALO INC. (6676) timely disclosure | Komori