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Share Issuance and Disposal6902DENSO CORPORATIONAutomobiles and transportation equipment

(Update on Previously Disclosed Matter) Notice Concerning the Introduction of a Trust-Based Stock Compensation Plan and the Disposal of Treasury Shares in Connection with the Plan's Introduction

As the shareholders' meeting approved the trust-based performance-linked share compensation plan, the disposal of treasury shares to the trust account for the plan has been confirmed. The disposal date is 19 June 2026, and 3,904,900 common shares will be disposed of at ¥1,850 per share.

Worth reading
29Immaterial
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
3904900
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares (disposal of treasury shares in connection with the introduction of the trust-based share compensation plan)

Who receives how much

Treasury shares 3,904,900 common shares

Japan Custody Bank, Ltd. (Trust E Account)3,904,900 shares

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

¥1,850 per share
Total issue value

¥7,224,065,000

Amount of funds to be raised
not disclosed (this disposal of treasury shares is being conducted for the share compensation plan, and no amount of funds raised is stated)
Categories and Number of Persons Covered
Directors (excluding non-executive directors and outside directors), executive officers and senior executive officers (including equivalent personnel) (number of recipients and number of shares allocated: not disclosed)
Payment date
19 June 2026
Procedures under the Corporate Code of Conduct
At the 103rd Annual General Meeting of Shareholders held on 18 June 2026, the proposal concerning this plan was approved as originally proposed.
Most recent equity financing
Notice Regarding the Introduction of a Trust-Based Share Compensation Plan and the Disposal of Treasury Shares in Connection with the Plan dated 22 May 2026 (details of the amount are not stated in this document)
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares (disposal of treasury shares in connection with the introduction of the trust-based share compensation plan)
Number of shares to be issued or disposed ofTreasury shares 3,904,900 common shares
Issue price and disposal price¥1,850 per share
Total issue value¥7,224,065,000
Amount of funds to be raisednot disclosed (this disposal of treasury shares is being conducted for the share compensation plan, and no amount of funds raised is stated)
Payment date19 June 2026
Intended allotteeName Japan Custody Bank, Ltd. (Trust E Account) / Number of Shares 3,904,900 shares
Categories and Number of Persons CoveredDirectors (excluding non-executive directors and outside directors), executive officers and senior executive officers (including equivalent personnel) (number of recipients and number of shares allocated: not disclosed)
Procedures under the Corporate Code of ConductAt the 103rd Annual General Meeting of Shareholders held on 18 June 2026, the proposal concerning this plan was approved as originally proposed.
Most recent equity financingNotice Regarding the Introduction of a Trust-Based Share Compensation Plan and the Disposal of Treasury Shares in Connection with the Plan dated 22 May 2026 (details of the amount are not stated in this document)
Items this document does not state (18)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMajor 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 make grants to directors (excluding non-executive directors and outside directors), executive officers and senior executive officers (including equivalent personnel) under the trust-based performance-linked share compensation plan.

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.
(Update on Previously Disclosed Matter) Notice Concerning the Introduction of a Trust-Based Stock Compensation Plan and the Disposal of Treasury Shares in Connection with the Plan's Introduction | DENSO CORPORATION (6902) timely disclosure | Komori