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Share Issuance and Disposal7314ODAWARA AUTO-MACHINE MFG.CO.,LTD.Automobiles and transportation equipment

Notice Regarding the Issuance of New Shares as Restricted Stock Compensation

The Company resolved to issue 6,900 common shares to 4 directors as restricted stock compensation. In principle, the shares may not be transferred for 40 years.

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57In focus
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
6900
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Issuance of new shares as restricted stock compensation

Who receives how much6,900Shares

6,900 common shares (new shares)

4 directors (excluding outside directors)6,900 shares

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

¥1,162 per share
Total issue value

¥8,017,800

Amount of funds to be raised
Total payment amount: ¥8,017,800; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary remuneration claims: ¥8,017,800. The total amount of monetary remuneration claims under this plan is limited to ¥20,000,000 per year.
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
24 April 2026 to 23 April 2066 (40 years)
Conditions for lifting transfer restrictions
In principle, all restrictions will be lifted when the restriction period expires, provided that the eligible director has continuously held office as a director of the Company throughout the restriction period. In the event of retirement due to death, expiration of the term of office, reaching the mandatory retirement age or another legitimate reason, the restrictions will be lifted on the number of shares calculated in proportion to the director's months of service. In the event of a corporate reorganization or similar transaction, the restrictions will also be partially lifted based on the prescribed calculation.
Reason for acquisition without consideration
The Company will acquire without consideration any of these shares for which the restrictions are not lifted, immediately after it is determined that the restrictions will not be lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration these shares for which the restrictions have not been lifted.
Categories and Number of Persons Covered
4 directors (excluding outside directors); 6,900 shares allocated
Intended allottee's holding policy
During the restriction period, the shares may not be transferred, pledged or otherwise disposed of. The restriction period runs from 24 April 2026 to 23 April 2066.
Payment date
24 April 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 25 March 2026, ¥1,162. Discount or premium: not stated.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalIssuance of new shares as restricted stock compensation
Number of shares to be issued or disposed of6,900 common shares (new shares)
Issue price and disposal price¥1,162 per share
Total issue value¥8,017,800
Amount of funds to be raisedTotal payment amount: ¥8,017,800; estimated net proceeds: Not disclosed
Payment date24 April 2026
Intended allotteeName 4 directors (excluding outside directors) / Number of Shares 6,900 shares
Intended allottee's holding policyDuring the restriction period, the shares may not be transferred, pledged or otherwise disposed of. The restriction period runs from 24 April 2026 to 23 April 2066.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 25 March 2026, ¥1,162. Discount or premium: not stated.
Transfer restriction period24 April 2026 to 23 April 2066 (40 years)
Conditions for lifting transfer restrictionsIn principle, all restrictions will be lifted when the restriction period expires, provided that the eligible director has continuously held office as a director of the Company throughout the restriction period. In the event of retirement due to death, expiration of the term of office, reaching the mandatory retirement age or another legitimate reason, the restrictions will be lifted on the number of shares calculated in proportion to the director's months of service. In the event of a corporate reorganization or similar transaction, the restrictions will also be partially lifted based on the prescribed calculation.
Reason for acquisition without considerationThe Company will acquire without consideration any of these shares for which the restrictions are not lifted, immediately after it is determined that the restrictions will not be lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration these shares for which the restrictions have not been lifted.
Categories and Number of Persons Covered4 directors (excluding outside directors); 6,900 shares allocated
Total Stock-Based CompensationTotal monetary remuneration claims: ¥8,017,800. The total amount of monetary remuneration claims under this plan is limited to ¥20,000,000 per year.
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 growth in corporate value and promote long-term value sharing with shareholders.

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.
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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 Issuance of New Shares as Restricted Stock Compensation | ODAWARA AUTO-MACHINE MFG.CO.,LTD. (7314) timely disclosure | Komori