Komori
Share Issuance and Disposal7927MUTO SEIKO CO.Materials and Chemicals

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 3,000 treasury shares to 6 directors as restricted stock compensation. The transfer restriction period will be 30 years from 22 July 2026, and transfers will generally be restricted while the recipients remain directors.

Worth reading
42Recurring
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
3000
Shares
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much3,000Shares

3,000 common shares of the Company (treasury shares)

Directors of the Company (excluding outside directors)6 / 3,000 shares

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

¥2,208 per share
Total issue value

¥6,624,000

Amount of funds to be raised
Total payment amount: ¥6,624,000; estimated net proceeds: Not disclosed (in-kind contribution of monetary claims paid to the eligible directors)
Total Stock-Based Compensation
Total monetary claims: ¥6,624,000. The compensation limit under the system is no more than ¥22 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 22 July 2026 to 21 July 2056)
Conditions for lifting transfer restrictions
Provided that an eligible director continuously holds the position of director of the Company throughout the transfer restriction period, all transfer restrictions will be lifted when the period expires. If the director leaves office upon the expiration of the term of office or for another legitimate reason, the restrictions will be lifted immediately after departure with respect to the number of shares corresponding to the period of service.
Reason for acquisition without consideration
The Company will automatically acquire without consideration any of the shares subject to this allocation for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the time of lifting the transfer restrictions. 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.
Categories and Number of Persons Covered
The Company's directors (excluding outside directors): 6 people, 3,000 shares
Intended allottee's holding policy
During the transfer restriction period, transfers to third parties, the creation of security interests and any other disposition will be prohibited. The transfer restriction period will run from 22 July 2026 to 21 July 2056.
Payment date
22 July 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 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,208. No discount or premium rate is specified.
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 of3,000 common shares of the Company (treasury shares)
Issue price and disposal price¥2,208 per share
Total issue value¥6,624,000
Amount of funds to be raisedTotal payment amount: ¥6,624,000; estimated net proceeds: Not disclosed (in-kind contribution of monetary claims paid to the eligible directors)
Payment date22 July 2026
Intended allotteeName Directors of the Company (excluding outside directors) / Number of Employees 6 / Number of Shares 3,000 shares
Intended allottee's holding policyDuring the transfer restriction period, transfers to third parties, the creation of security interests and any other disposition will be prohibited. The transfer restriction period will run from 22 July 2026 to 21 July 2056.
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,208. No discount or premium rate is specified.
Transfer restriction period30 years (from 22 July 2026 to 21 July 2056)
Conditions for lifting transfer restrictionsProvided that an eligible director continuously holds the position of director of the Company throughout the transfer restriction period, all transfer restrictions will be lifted when the period expires. If the director leaves office upon the expiration of the term of office or for another legitimate reason, the restrictions will be lifted immediately after departure with respect to the number of shares corresponding to the period of service.
Reason for acquisition without considerationThe Company will automatically acquire without consideration any of the shares subject to this allocation for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the time of lifting the transfer restrictions. 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.
Categories and Number of Persons CoveredThe Company's directors (excluding outside directors): 6 people, 3,000 shares
Total Stock-Based CompensationTotal monetary claims: ¥6,624,000. The compensation limit under the system is no more than ¥22 million 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 for the sustained enhancement of corporate value and promote value sharing with shareholders. The measure is also intended to further motivate each eligible director and achieve 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.
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 | MUTO SEIKO CO. (7927) timely disclosure | Komori