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Share Issuance and Disposal7244ICHIKOH INDUSTRIES,LTD.Electrical Equipment and Precision Instruments

Notice Concerning the Issuance of New Shares as Stock-Based Compensation

The company resolved to issue a total of 55,316 new shares to directors and executive officers based on performance evaluations and the achievement of sustainability and diversity objectives. The equity compensation will be granted through the issuance of new shares, not the disposal of treasury shares.

Worth reading
49Recurring
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
55316
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Issuance of new shares as equity compensation

Who receives how much55,316Shares

55,316 shares (new shares)

4 directors of the Company31,715 shares
4 executive officers23,601 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.

¥515 per share
Total issue value

¥28,487,740

Total Stock-Based Compensation
An annual total cap of ¥40 million based on the compensation benchmark amounts for all eligible directors, including ¥6 million for outside directors
Categories and Number of Persons Covered
Category Directors / Number of Employees 4 / Number of allocated shares 31,715 shares, Category Executive officers / Number of Employees 4 / Number of allocated shares 23,601 shares
Payment date
1 June 2026
Basis for determining the amount to be paid
The closing price of the company's common shares on the Tokyo Stock Exchange on 23 April 2026, which was ¥515. The market price immediately preceding the Board of Directors' resolution was used. No discount or premium rate was stated.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalIssuance of new shares as equity compensation
Number of shares to be issued or disposed of55,316 shares (new shares)
Issue price and disposal price¥515 per share
Total issue value¥28,487,740
Payment date1 June 2026
Intended allotteeCategory 4 directors of the Company / Number of Shares 31,715 shares, Category 4 executive officers / Number of Shares 23,601 shares
Basis for determining the amount to be paidThe closing price of the company's common shares on the Tokyo Stock Exchange on 23 April 2026, which was ¥515. The market price immediately preceding the Board of Directors' resolution was used. No discount or premium rate was stated.
Categories and Number of Persons CoveredCategory Directors / Number of Employees 4 / Number of allocated shares 31,715 shares, Category Executive officers / Number of Employees 4 / Number of allocated shares 23,601 shares
Total Stock-Based CompensationAn annual total cap of ¥40 million based on the compensation benchmark amounts for all eligible directors, including ¥6 million for outside directors
Items this document does not state (19)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationUnderwriter / 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 directors and executive officers with an incentive to achieve sustained growth in corporate value through a compensation system linked to medium- and long-term performance. The final number of shares awarded was determined based on the achievement of financial performance, sustainability and diversity conditions.

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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 Concerning the Issuance of New Shares as Stock-Based Compensation | ICHIKOH INDUSTRIES,LTD. (7244) timely disclosure | Komori