Komori
Share Issuance and Disposal7241FUTABA INDUSTRIAL CO.,LTD.Automobiles and transportation equipment

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 22,448 treasury shares to 3 directors and 7 executive officers and senior management personnel as restricted stock compensation. The disposal price is ¥956 per share, for a total disposal value of ¥21,460,288.

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
22448
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much22,448Shares

22,448 treasury shares

3 directors of the Company (excluding outside directors)10,965 shares
7 executive officers and senior management personnel of the Company, excluding those concurrently serving as directors11,483 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.

¥956 per share
Total issue value

¥21,460,288

Amount of funds to be raised
Total payment amount: ¥21,460,288; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥21,460,288
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 17 July 2026 until immediately after the recipient ceases to serve as a director or ceases employment
Conditions for lifting transfer restrictions
For eligible directors, all transfer restrictions will be lifted upon expiration of the transfer restriction period, provided that the recipient remains in the prescribed position from the payment date through immediately before the conclusion of the first ordinary general meeting of shareholders held thereafter. For executive officers and senior management personnel, all transfer restrictions will be lifted upon expiration of the transfer restriction period, provided that the recipient continuously remains in the prescribed position during the fiscal year that includes the payment date. In the event of retirement or resignation upon expiration of the term of office, reaching the mandatory retirement age, or for another legitimate reason, the number of shares subject to the lifting of transfer restrictions will be determined based on the recipient's period of service.
Reason for acquisition without consideration
The Company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted at the end of the transfer restriction period. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted after the applicable restrictions are lifted.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 10,965 shares, Category Executive officers and senior management personnel of the Company, excluding those concurrently serving as directors / Number of Employees 7 / Number of allocated shares 11,483 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period runs from 17 July 2026 until immediately after the recipient ceases to serve as a director or ceases employment.
Payment date
17 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Prime Market of the Tokyo Stock Exchange on 18 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥956. No discount or premium rate was 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 of22,448 treasury shares
Issue price and disposal price¥956 per share
Total issue value¥21,460,288
Amount of funds to be raisedTotal payment amount: ¥21,460,288; estimated net proceeds: Not disclosed
Payment date17 July 2026
Intended allotteeName 3 directors of the Company (excluding outside directors) / Number of Shares 10,965 shares, Name 7 executive officers and senior management personnel of the Company, excluding those concurrently serving as directors / Number of Shares 11,483 shares
Intended allottee's holding policyDuring the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period runs from 17 July 2026 until immediately after the recipient ceases to serve as a director or ceases employment.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Prime Market of the Tokyo Stock Exchange on 18 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥956. No discount or premium rate was disclosed.
Transfer restriction periodFrom 17 July 2026 until immediately after the recipient ceases to serve as a director or ceases employment
Conditions for lifting transfer restrictionsFor eligible directors, all transfer restrictions will be lifted upon expiration of the transfer restriction period, provided that the recipient remains in the prescribed position from the payment date through immediately before the conclusion of the first ordinary general meeting of shareholders held thereafter. For executive officers and senior management personnel, all transfer restrictions will be lifted upon expiration of the transfer restriction period, provided that the recipient continuously remains in the prescribed position during the fiscal year that includes the payment date. In the event of retirement or resignation upon expiration of the term of office, reaching the mandatory retirement age, or for another legitimate reason, the number of shares subject to the lifting of transfer restrictions will be determined based on the recipient's period of service.
Reason for acquisition without considerationThe Company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted at the end of the transfer restriction period. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted after the applicable restrictions are lifted.
Categories and Number of Persons CoveredCategory Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 10,965 shares, Category Executive officers and senior management personnel of the Company, excluding those concurrently serving as directors / Number of Employees 7 / Number of allocated shares 11,483 shares
Total Stock-Based CompensationTotal monetary compensation claims: ¥21,460,288
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.

The Company took into consideration its objectives, business conditions, the scope of responsibilities of each eligible director and other eligible recipient, and other relevant circumstances, with the aim of further motivating the eligible directors and other recipients under the restricted stock 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.
Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | FUTABA INDUSTRIAL CO.,LTD. (7241) timely disclosure | Komori