Komori
Share Issuance and Disposal9310Japan Transcity CorporationTransportation and logistics

Notice Regarding the Determination of Details of the Share Delivery Program for Employees

Details have been determined for the employee share delivery program using an ESOP trust, including the timing of establishing the trust, the program period, the timing of share acquisition and the total acquisition amount. Under the program, 185,300 treasury shares will be disposed of to the ESOP trust and, in principle, delivered to eligible employees subject to transfer restrictions until retirement.

Worth reading
24Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
247
Millions of yen
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as an employee incentive plan (disposal to an ESOP trust)

発行・処分する株式数185,300Shares

185,300 shares (treasury shares)

Intended allottee
ESOP trust
Total issue value

¥247 million (total amount for the shares acquired)

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
In principle, until the retirement date
Categories and Number of Persons Covered
Employees in certain job categories (the breakdown of the number of employees and shares allocated is Not disclosed)
Intended allottee's holding policy
To be used during the trust period for delivering shares and related purposes to eligible employees. If shares remain at the end of the trust period, they are scheduled to be transferred to the company free of charge and cancelled if they will not be used on an ongoing basis.
Payment date
1 December 2026 (予定)
Procedures under the Corporate Code of Conduct
A certified public accountant who is an independent third party with no conflicts of interest with the company will serve as trust administrator
Impact on Business Performance
Expected to increase motivation to contribute to business performance and awareness of participation in management
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as an employee incentive plan (disposal to an ESOP trust)
Number of shares to be issued or disposed of185,300 shares (treasury shares)
Total issue value¥247 million (total amount for the shares acquired)
Payment date1 December 2026 (予定)
Intended allotteeESOP trust
Intended allottee's holding policyTo be used during the trust period for delivering shares and related purposes to eligible employees. If shares remain at the end of the trust period, they are scheduled to be transferred to the company free of charge and cancelled if they will not be used on an ongoing basis.
Transfer restriction periodIn principle, until the retirement date
Categories and Number of Persons CoveredEmployees in certain job categories (the breakdown of the number of employees and shares allocated is Not disclosed)
Procedures under the Corporate Code of ConductA certified public accountant who is an independent third party with no conflicts of interest with the company will serve as trust administrator
Impact on Business PerformanceExpected to increase motivation to contribute to business performance and awareness of participation in management
Items this document does not state (18)
Issue price and disposal priceAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering

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 expand benefits for eligible employees and increase their motivation to contribute to business performance, awareness of participation in management and engagement through the economic benefits of a rise in the share price. The program is also intended as part of human capital investment aimed at enhancing corporate value over the long term.

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