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Share Issuance and Disposal7608SK JAPAN CO.,LTD.Trading & Wholesale

Notice Regarding the Issuance of New Shares as Restricted Stock-Based Compensation

The Company will issue 28,900 common shares to 4 directors as restricted stock compensation. The issue price will be ¥752 per share, and the shares will be subject to a 30-year transfer restriction.

Worth reading
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Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
28900
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Issuance of new shares as restricted stock compensation

Who receives how much28,900Shares

28,900 common shares

4 of the Company's directors, excluding directors who are Audit & Supervisory Committee members and outside directors28,900 shares

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

¥752 per share
Total issue value

¥21,732,800

Amount of funds to be raised
Total amount paid: ¥21,732,800; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary remuneration receivables or monetary claims: ¥21,732,800; no more than ¥50 million 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
30 years (from 26 June 2026 to 25 June 2056)
Conditions for lifting transfer restrictions
Subject to the eligible directors continuously holding the position of director of the Company throughout the transfer restriction period, all of the allocated shares will be released from the transfer restriction upon expiration of the transfer restriction period. If a director retires upon expiration of the term of office or for another legitimate reason, the number of shares corresponding to the director's period of service will be released from the transfer restriction. In the event of a corporate reorganization or other similar event, the number of shares determined in accordance with the prescribed calculation method will also be released from the transfer restriction.
Reason for acquisition without consideration
The Company will acquire without consideration any allocated shares that remain subject to the transfer restriction upon expiration of the transfer restriction period or at the time the transfer restriction is released.
Stock Split Ratio2 shares for each 1 share; effective date: 1 March 2026
Categories and Number of Persons Covered
4 directors of the Company, excluding directors who are Audit & Supervisory Committee members and outside directors; 28,900 shares
Intended allottee's holding policy
The shares will be held for the purpose of sharing shareholder value over the medium to long term and maintaining long-term, stable share ownership, and will be subject to a 30-year transfer restriction.
Payment date
26 June 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 27 May 2026, the business day preceding the date of the Board of Directors' resolution, was ¥752. Discount/premium rate: Not disclosed
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 of28,900 common shares
Issue price and disposal price¥752 per share
Total issue value¥21,732,800
Amount of funds to be raisedTotal amount paid: ¥21,732,800; estimated net proceeds: Not disclosed
Payment date26 June 2026
Intended allotteeName 4 of the Company's directors, excluding directors who are Audit & Supervisory Committee members and outside directors / Number of Shares 28,900 shares
Intended allottee's holding policyThe shares will be held for the purpose of sharing shareholder value over the medium to long term and maintaining long-term, stable share ownership, and will be subject to a 30-year transfer restriction.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 27 May 2026, the business day preceding the date of the Board of Directors' resolution, was ¥752. Discount/premium rate: Not disclosed
Transfer restriction period30 years (from 26 June 2026 to 25 June 2056)
Conditions for lifting transfer restrictionsSubject to the eligible directors continuously holding the position of director of the Company throughout the transfer restriction period, all of the allocated shares will be released from the transfer restriction upon expiration of the transfer restriction period. If a director retires upon expiration of the term of office or for another legitimate reason, the number of shares corresponding to the director's period of service will be released from the transfer restriction. In the event of a corporate reorganization or other similar event, the number of shares determined in accordance with the prescribed calculation method will also be released from the transfer restriction.
Reason for acquisition without considerationThe Company will acquire without consideration any allocated shares that remain subject to the transfer restriction upon expiration of the transfer restriction period or at the time the transfer restriction is released.
Categories and Number of Persons Covered4 directors of the Company, excluding directors who are Audit & Supervisory Committee members and outside directors; 28,900 shares
Total Stock-Based CompensationTotal monetary remuneration receivables or monetary claims: ¥21,732,800; no more than ¥50 million per year
Stock Split Ratio2 shares for each 1 share; effective date: 1 March 2026
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentProcedures 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 purpose is to provide medium- to long-term incentives, promote long-term and stable share ownership, share value with shareholders, and further enhance the motivation of the eligible directors.

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 Regarding the Issuance of New Shares as Restricted Stock-Based Compensation | SK JAPAN CO.,LTD. (7608) timely disclosure | Komori