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Share Issuance and Disposal7218TANAKA SEIMITSU KOGYO CO.,LTD.Automobiles and transportation equipment

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

田中精密工業 resolved to allocate 30,700 treasury shares to 3 directors and 6 executive officers as restricted stock compensation. The shares will be disposed of at ¥990 per share through an in-kind contribution of monetary compensation receivables totaling ¥30,393,000.

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Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

発行・処分する株式数30,700Shares

30,700 shares of the Company's common stock (treasury shares)

Intended allottee
Name 3 directors of the Company (excluding outside directors) / Number of Shares 18,500 shares, Name 6 executive officers of the Company / Number of Shares Total number of shares acquired during this period
¥990 per share
Total issue value

¥30,393,000

Amount of funds to be raised
Total payment amount: ¥30,393,000; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥30,393,000. The annual compensation limit is ¥60 million, and the total number of restricted shares is capped at 48,000 shares.
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 14 July 2026 until the date on which the recipient resigns or retires from any position as a director, executive officer or employee of the Company
Conditions for lifting transfer restrictions
Provided that the recipient continuously holds a position as a director, executive officer or employee of the Company through the date of the first annual general meeting of shareholders held after 14 July 2026, all of the allocated shares held at the end of the restriction period will have their transfer restrictions lifted. If the recipient resigns or retires for a legitimate reason, the restrictions will be lifted on the number of shares determined according to the number of months of service.
Reason for acquisition without consideration
If, after the start of the transfer restriction period and before the day preceding the first annual general meeting of shareholders thereafter, the recipient resigns or retires from all positions as a director, executive officer and employee of the Company without a legitimate reason. If any shares remain subject to transfer restrictions at the end of the restriction period. If any shares remain subject to transfer restrictions in connection with a corporate reorganization or other similar event.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 18,500 shares, Category The Company's executive officers / Number of Employees 6 / Number of allocated shares Total number of shares acquired during this period
Intended allottee's holding policy
Until the transfer restrictions are lifted, the recipients may not transfer the shares to third parties, create pledges or security interests over them, make inter vivos gifts or bequests, or otherwise dispose of them in any way. The shares will be held and maintained in designated accounts at SMBC Nikko Securities Inc. until the transfer restrictions are lifted.
Payment date
14 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, which was ¥990. No discount or premium is disclosed.
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 of30,700 shares of the Company's common stock (treasury shares)
Issue price and disposal price¥990 per share
Total issue value¥30,393,000
Amount of funds to be raisedTotal payment amount: ¥30,393,000; estimated net proceeds: Not disclosed
Payment date14 July 2026
Intended allotteeName 3 directors of the Company (excluding outside directors) / Number of Shares 18,500 shares, Name 6 executive officers of the Company / Number of Shares Total number of shares acquired during this period
Intended allottee's holding policyUntil the transfer restrictions are lifted, the recipients may not transfer the shares to third parties, create pledges or security interests over them, make inter vivos gifts or bequests, or otherwise dispose of them in any way. The shares will be held and maintained in designated accounts at SMBC Nikko Securities Inc. until the transfer restrictions are lifted.
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, which was ¥990. No discount or premium is disclosed.
Transfer restriction periodFrom 14 July 2026 until the date on which the recipient resigns or retires from any position as a director, executive officer or employee of the Company
Conditions for lifting transfer restrictionsProvided that the recipient continuously holds a position as a director, executive officer or employee of the Company through the date of the first annual general meeting of shareholders held after 14 July 2026, all of the allocated shares held at the end of the restriction period will have their transfer restrictions lifted. If the recipient resigns or retires for a legitimate reason, the restrictions will be lifted on the number of shares determined according to the number of months of service.
Reason for acquisition without considerationIf, after the start of the transfer restriction period and before the day preceding the first annual general meeting of shareholders thereafter, the recipient resigns or retires from all positions as a director, executive officer and employee of the Company without a legitimate reason. If any shares remain subject to transfer restrictions at the end of the restriction period. If any shares remain subject to transfer restrictions in connection with a corporate reorganization or other similar event.
Categories and Number of Persons CoveredCategory Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 18,500 shares, Category The Company's executive officers / Number of Employees 6 / Number of allocated shares Total number of shares acquired during this period
Total Stock-Based CompensationTotal monetary compensation receivables: ¥30,393,000. The annual compensation limit is ¥60 million, and the total number of restricted shares is capped at 48,000 shares.
Items this document does not state (14)
Estimated 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 provide an incentive to achieve sustained enhancement of corporate value and further promote value sharing with shareholders. The amount of compensation receivables for each recipient was determined based on a comprehensive assessment of each recipient's contribution and other factors.

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Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | TANAKA SEIMITSU KOGYO CO.,LTD. (7218) timely disclosure | Komori