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Share Issuance and Disposal7182JAPAN POST BANK Co.,Ltd.Banking

Notice Regarding the Introduction of an Employee Stock Ownership Plan and the Disposal of Treasury Shares in Connection with a Trust Contribution for the Stock Benefit Trust (J-ESOP)

The company decided to newly introduce a stock delivery trust for employees (J-ESOP) and dispose of 2,895,200 treasury shares to the trust. The shares to be disposed of will be used to fund benefits for the 3 fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2029.

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
2895200
shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares through a trust contribution (stock delivery trust for employees (J-ESOP))

Who receives how much2,895,200Shares

2,895,200 common shares (treasury shares)

Japan Custody Bank, Ltd. (Trust E Account)2,895,200 shares

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

¥3,151 per share
Total issue value

¥9,122,775,200

Specific use of funds
Delivery of the company’s shares and other assets to employees eligible for the scheme, covering the 3 fiscal years from the fiscal year ending 31 March 2027 through the fiscal year ending 31 March 2029Scheduled timing of expenditures After the end of the final year of the medium-term management plan
発行済株式総数

0.08% (as a percentage of the total number of shares issued and total 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 permanent employees and other employees meeting the requirements specified by the company (the number of shares allocated by headcount and category is Not disclosed)
Intended allottee's holding policy
The shares will be held in the trust account for the purpose of holding and disposing of the company’s shares in operating the scheme.
Payment date
1 December 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, ¥3,151. No discount or premium.
Most recent equity financing
Timing Disclosure dated 18 March 2016 / Type Introduction of a stock delivery scheme for employees in the market division (J-ESOP) / Amount Not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares through a trust contribution (stock delivery trust for employees (J-ESOP))
Number of shares to be issued or disposed of2,895,200 common shares (treasury shares)
Issue price and disposal price¥3,151 per share
Total issue value¥9,122,775,200
Specific use of fundsDetails Delivery of the company’s shares and other assets to employees eligible for the scheme, covering the 3 fiscal years from the fiscal year ending 31 March 2027 through the fiscal year ending 31 March 2029 / Amount Not disclosed / Scheduled timing of expenditures After the end of the final year of the medium-term management plan
Payment date1 December 2026
Intended allotteeName Japan Custody Bank, Ltd. (Trust E Account) / Number of Shares 2,895,200 shares
Intended allottee's holding policyThe shares will be held in the trust account for the purpose of holding and disposing of the company’s shares in operating the scheme.
Dilution Rate0.08% (as a percentage of the total number of shares issued and total voting rights)
Total number of issued shares3,575,878,720 shares → Not disclosed
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, ¥3,151. No discount or premium.
Categories and Number of Persons CoveredThe company’s permanent employees and other employees meeting the requirements specified by the company (the number of shares allocated by headcount and category is Not disclosed)
Most recent equity financingTiming Disclosure dated 18 March 2016 / Type Introduction of a stock delivery scheme for employees in the market division (J-ESOP) / Amount Not disclosed
Items this document does not state (15)
Amount of funds to be raisedEstimated issuance expensesExercise 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 ConductMajor 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.

As part of its human capital management initiatives, to increase employees’ motivation to contribute to sustained improvements in business performance and corporate value, and to promote the sharing of value between employees and shareholders. The trust will also hold and dispose of the company’s shares as required to operate the scheme.

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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 Introduction of an Employee Stock Ownership Plan and the Disposal of Treasury Shares in Connection with a Trust Contribution for the Stock Benefit Trust (J-ESOP) | JAPAN POST BANK Co.,Ltd. (7182) timely disclosure | Komori