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Share Issuance and Disposal6703Oki Electric Industry Company,LimitedElectrical Equipment and Precision Instruments

Notice Regarding the Disposal of Treasury Shares in Connection with the Introduction of the Stock Benefit Trust (J-ESOP)

The Company will introduce a J-ESOP to provide shares to its employees and the officers and employees of its group companies, and will dispose of 24,000 treasury shares to the trust account as the source of the shares to be provided.

Worth reading
47Recurring
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Direction
Neutral
Direction inferred from the company’s description.
Scale
24000
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares in connection with the introduction of the J-ESOP

Who receives how much24,000Shares

24,000 common shares (treasury shares)

Japan Custody Bank, Ltd. (Trust E Account)24,000 shares

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

¥2,976 per share
発行済株式総数

0.03% of the total number of shares issued and 0.03% of the total number of voting rights

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
The Company's employees and the officers and employees of its group companies. The breakdown of the number of participants and shares allocated is not disclosed.
Payment date
17 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution, ¥2,976. No discount or premium.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares in connection with the introduction of the J-ESOP
Number of shares to be issued or disposed of24,000 common shares (treasury shares)
Issue price and disposal price¥2,976 per share
Payment date17 August 2026
Intended allotteeName Japan Custody Bank, Ltd. (Trust E Account) / Number of Shares 24,000 shares
Dilution Rate0.03% of the total number of shares issued and 0.03% of the total number of voting rights
Total number of issued shares87,217,602 shares → 87,217,602 shares(0%)
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution, ¥2,976. No discount or premium.
Categories and Number of Persons CoveredThe Company's employees and the officers and employees of its group companies. The breakdown of the number of participants and shares allocated is not disclosed.
Items this document does not state (19)
Total issue valueAmount of funds to be raisedEstimated 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 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 promote the sharing of value between employees and other eligible participants and shareholders, and to foster awareness of enhancing corporate value over the medium to long term. The shares expected to be provided to employees and other eligible participants during the trust period will also be acquired in advance.

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.
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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 in Connection with the Introduction of the Stock Benefit Trust (J-ESOP) | Oki Electric Industry Company,Limited (6703) timely disclosure | Komori