Komori
Share Issuance and Disposal6923Stanley Electric Co.,Ltd.Electrical Equipment and Precision Instruments

Notice Concerning the Disposal of Treasury Shares as Restricted Stock for the Company's Managing Executive Officers, Executive Officers and Employees, and Directors of the Company's Domestic Subsidiaries

The Company resolved to dispose of 35,170 treasury shares as restricted stock for its officers and employees and the directors of its domestic subsidiaries. The shares will be granted subject to transfer restrictions for approximately 2 years and 10 months.

Worth reading
43Recurring
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
35170
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much35,170Shares

35,170 common shares of the Company (treasury shares)

The Company's senior executive officers4 / 1,600 shares
Executive officers of the Company10 / 2,900 shares
The Company's employees533 / 29,790 shares
Directors of the Company's domestic subsidiaries10 / 880 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.

¥3,667 per share
Amount of funds to be raised

Total monetary receivables (total payment amount): ¥128,968,390. Estimated net proceeds: Not disclosed

Total Stock-Based Compensation
Total monetary receivables: ¥128,968,390
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
31 July 2026 to 1 June 2029 (approximately 2 years and 10 months)
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds a position as a director, audit & supervisory board member, senior executive officer, executive officer, executive, adviser, business adviser, employee, re-employed employee, contract employee or other equivalent position at the Company or one of its domestic subsidiaries during the restriction period, all of the shares granted will be released from the transfer restrictions upon expiration of the restriction period. If the recipient leaves office or retires due to expiration of the term of office, mandatory retirement or another legitimate reason, part or all of the restrictions will be released based on the prescribed calculation.
Reason for acquisition without consideration
The Company will acquire without consideration any shares whose transfer restrictions remain in place upon expiration of the restriction period or at the time of release, any shares held by a recipient who falls under certain circumstances such as leaving office or retiring for a reason other than a legitimate reason, and any shares held by a recipient who engages in an act violating laws or regulations.
Categories and Number of Persons Covered
Category The Company's senior executive officers / Number of Employees 4 / Number of allocated shares 1,600 shares, Category Executive officers of the Company / Number of Employees 10 / Number of allocated shares 2,900 shares, Category The Company's employees / Number of Employees 533 / Number of allocated shares 29,790 shares, Category Directors of the Company's domestic subsidiaries / Number of Employees 10 / Number of allocated shares 880 shares
Intended allottee's holding policy
During the restriction period, the shares may not be transferred to third parties, pledged or otherwise disposed of in any way. The restriction period runs from 31 July 2026 to 1 June 2029.
Payment date
31 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 19 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,667. No discount or premium rate is 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 of35,170 common shares of the Company (treasury shares)
Issue price and disposal price¥3,667 per share
Amount of funds to be raisedTotal monetary receivables (total payment amount): ¥128,968,390. Estimated net proceeds: Not disclosed
Payment date31 July 2026
Intended allotteeName The Company's senior executive officers / Number of Employees 4 / Number of Shares 1,600 shares, Name Executive officers of the Company / Number of Employees 10 / Number of Shares 2,900 shares, Name The Company's employees / Number of Employees 533 / Number of Shares 29,790 shares, Name Directors of the Company's domestic subsidiaries / Number of Employees 10 / Number of Shares 880 shares
Intended allottee's holding policyDuring the restriction period, the shares may not be transferred to third parties, pledged or otherwise disposed of in any way. The restriction period runs from 31 July 2026 to 1 June 2029.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 19 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,667. No discount or premium rate is stated.
Transfer restriction period31 July 2026 to 1 June 2029 (approximately 2 years and 10 months)
Conditions for lifting transfer restrictionsProvided that the recipient continuously holds a position as a director, audit & supervisory board member, senior executive officer, executive officer, executive, adviser, business adviser, employee, re-employed employee, contract employee or other equivalent position at the Company or one of its domestic subsidiaries during the restriction period, all of the shares granted will be released from the transfer restrictions upon expiration of the restriction period. If the recipient leaves office or retires due to expiration of the term of office, mandatory retirement or another legitimate reason, part or all of the restrictions will be released based on the prescribed calculation.
Reason for acquisition without considerationThe Company will acquire without consideration any shares whose transfer restrictions remain in place upon expiration of the restriction period or at the time of release, any shares held by a recipient who falls under certain circumstances such as leaving office or retiring for a reason other than a legitimate reason, and any shares held by a recipient who engages in an act violating laws or regulations.
Categories and Number of Persons CoveredCategory The Company's senior executive officers / Number of Employees 4 / Number of allocated shares 1,600 shares, Category Executive officers of the Company / Number of Employees 10 / Number of allocated shares 2,900 shares, Category The Company's employees / Number of Employees 533 / Number of allocated shares 29,790 shares, Category Directors of the Company's domestic subsidiaries / Number of Employees 10 / Number of allocated shares 880 shares
Total Stock-Based CompensationTotal monetary receivables: ¥128,968,390
Items this document does not state (15)
Total issue valueEstimated issuance expensesSpecific use of fundsDilution 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 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 further increase the eligible recipients' motivation to contribute to an increase in the Company's share price, shareholder value and corporate value, and to further enhance their motivation.

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 for the Company's Managing Executive Officers, Executive Officers and Employees, and Directors of the Company's Domestic Subsidiaries | Stanley Electric Co.,Ltd. (6923) timely disclosure | Komori