Komori
Share Issuance and Disposal6807Japan Aviation Electronics Industry,LimitedElectrical Equipment and Precision Instruments

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company decided to dispose of 23,860 treasury shares as restricted stock compensation to 5 executive directors and 9 executive officers who do not concurrently serve as directors. The shares will be subject to restrictions on transfer and other dispositions for a specified period, until the recipient leaves office or retires.

Worth reading
50Recurring
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
23860
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much23,860Shares

23,860 shares of the Company's common stock (treasury shares)

5 executive directors15,363 shares
9 executive officers who do not concurrently serve as directors8,497 shares

The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.

¥2,330 per share
Total issue value

¥55,593,800

Amount of funds to be raised
Total payment amount: ¥55,593,800; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥55,593,800. The annual compensation limit for eligible directors is ¥70 million, and the annual limit on the total number of shares is 28,000 shares.
Specific use of funds
Not applicable (as the monetary compensation claims granted will be contributed in kind)
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 24 July 2026, the payment date, until the day on which the eligible directors and other recipients leave all positions as director, executive officer or audit & supervisory board member of the Company
Conditions for lifting transfer restrictions
Provided that the recipient has continuously held a position as director, executive officer or audit & supervisory board member of the Company throughout the service period, all of the shares allotted under this arrangement will have their transfer restrictions lifted when the restriction period expires. If the recipient leaves office due to death or another reason deemed valid by the Board of Directors, the restrictions will be lifted on a number of shares determined according to the recipient's period of service.
Reason for acquisition without consideration
Upon expiration of the transfer restriction period, the Company will automatically acquire without consideration any shares allotted here whose transfer restrictions have not been lifted.
Categories and Number of Persons Covered
5 executive directors: 15,363 shares; 9 executive officers who do not concurrently serve as directors: 8,497 shares
Intended allottee's holding policy
From the payment date until the day on which the eligible directors and other recipients leave all positions as director, executive officer or audit & supervisory board member of the Company, they may not transfer, create security interests over or otherwise dispose of the shares.
Payment date
24 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,330. No discount or premium applies.
Impact on Business Performance
No impact on financial results 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 of23,860 shares of the Company's common stock (treasury shares)
Issue price and disposal price¥2,330 per share
Total issue value¥55,593,800
Amount of funds to be raisedTotal payment amount: ¥55,593,800; estimated net proceeds: Not disclosed
Specific use of fundsNot applicable (as the monetary compensation claims granted will be contributed in kind)
Payment date24 July 2026
Intended allotteeCategory 5 executive directors / Number of shares 15,363 shares, Category 9 executive officers who do not concurrently serve as directors / Number of shares 8,497 shares
Intended allottee's holding policyFrom the payment date until the day on which the eligible directors and other recipients leave all positions as director, executive officer or audit & supervisory board member of the Company, they may not transfer, create security interests over or otherwise dispose of the shares.
Basis for determining the amount to be paidThe closing price of the Company's common stock on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,330. No discount or premium applies.
Transfer restriction periodFrom 24 July 2026, the payment date, until the day on which the eligible directors and other recipients leave all positions as director, executive officer or audit & supervisory board member of the Company
Conditions for lifting transfer restrictionsProvided that the recipient has continuously held a position as director, executive officer or audit & supervisory board member of the Company throughout the service period, all of the shares allotted under this arrangement will have their transfer restrictions lifted when the restriction period expires. If the recipient leaves office due to death or another reason deemed valid by the Board of Directors, the restrictions will be lifted on a number of shares determined according to the recipient's period of service.
Reason for acquisition without considerationUpon expiration of the transfer restriction period, the Company will automatically acquire without consideration any shares allotted here whose transfer restrictions have not been lifted.
Categories and Number of Persons Covered5 executive directors: 15,363 shares; 9 executive officers who do not concurrently serve as directors: 8,497 shares
Total Stock-Based CompensationTotal monetary compensation claims: ¥55,593,800. The annual compensation limit for eligible directors is ¥70 million, and the annual limit on the total number of shares is 28,000 shares.
Impact on Business PerformanceNo impact on financial results stated
Items this document does not state (12)
Estimated issuance expensesDilution 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 offering

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 an incentive 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 Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | Japan Aviation Electronics Industry,Limited (6807) timely disclosure | Komori