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Share Issuance and Disposal8014CHORI CO.,LTD.Trading & Wholesale

Notice Concerning the Disposal of Treasury Shares in Connection with an Additional Contribution to the Performance-Linked Share-Based Compensation Plan

The company resolved to dispose of 67,440 treasury shares to the trust account in order to continue the performance-linked share compensation plan. The shares will be used for benefits to directors and other eligible persons over the 3 fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2029.

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Neutral
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Scale
67440
shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares in connection with an additional contribution to a performance-based stock compensation plan

発行・処分する株式数67,440Shares

Treasury shares, common shares, 67,440 shares

Intended allottee
Japan Custody Bank, Ltd. (Trust E Account)
¥4,200 per share
Amount of funds to be raised

Total payment amount: ¥283,248,000; estimated net proceeds: Not disclosed

Specific use of funds
Additional contribution to the trust so that it can acquire the shares expected to be required for future benefits as the plan continuesAmount ¥283,248,000 / Scheduled timing of expenditures 16 November 2026
発行済株式総数

0.27% (as a percentage of the total number of issued shares as of 30 September 2026; also 0.27% as a percentage of the total number of voting rights)

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

Categories and Number of Persons Covered
The company's directors (excluding directors who are Audit and Supervisory Committee members and non-executive directors) and the company's executive officers. Number of people: Not disclosed. Number of shares allocated: Not disclosed
Intended allottee's holding policy
To hold and dispose of the company's shares in operating the trust in order to provide benefits to directors and other eligible persons under this plan
Payment date
16 November 2026
Basis for determining the amount to be paid
The closing price of the company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the board resolution was ¥4,200. No discount or premium rate stated.
Most recent equity financing
Timing 28 July 2023 / Type Disposal of treasury shares through a third-party allotment / Amount Not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares in connection with an additional contribution to a performance-based stock compensation plan
Number of shares to be issued or disposed ofTreasury shares, common shares, 67,440 shares
Issue price and disposal price¥4,200 per share
Amount of funds to be raisedTotal payment amount: ¥283,248,000; estimated net proceeds: Not disclosed
Specific use of fundsDetails Additional contribution to the trust so that it can acquire the shares expected to be required for future benefits as the plan continues / Amount ¥283,248,000 / Scheduled timing of expenditures 16 November 2026
Payment date16 November 2026
Intended allotteeJapan Custody Bank, Ltd. (Trust E Account)
Intended allottee's holding policyTo hold and dispose of the company's shares in operating the trust in order to provide benefits to directors and other eligible persons under this plan
Dilution Rate0.27% (as a percentage of the total number of issued shares as of 30 September 2026; also 0.27% as a percentage of the total number of voting rights)
Total number of issued shares25,303,478 shares → Not disclosed
Basis for determining the amount to be paidThe closing price of the company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the board resolution was ¥4,200. No discount or premium rate stated.
Categories and Number of Persons CoveredThe company's directors (excluding directors who are Audit and Supervisory Committee members and non-executive directors) and the company's executive officers. Number of people: Not disclosed. Number of shares allocated: Not disclosed
Most recent equity financingTiming 28 July 2023 / Type Disposal of treasury shares through a third-party allotment / Amount Not disclosed
Items this document does not state (15)
Total issue valueEstimated issuance expensesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor 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 enable the trust to acquire the shares expected to be required for future benefits in connection with the continuation of this plan. The number of shares to be disposed of corresponds to the number of shares expected to be delivered to directors and other eligible persons over the 3 fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2029.

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Notice Concerning the Disposal of Treasury Shares in Connection with an Additional Contribution to the Performance-Linked Share-Based Compensation Plan | CHORI CO.,LTD. (8014) timely disclosure | Komori