Note: This document is a translation of the original Japanese document and is only for reference purpose. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
July 7, 2025
Company: Inaba Denki Sangyo Co., Ltd. Representative: Masayuki Tamagaki, President and
Representative Director
(Securities code: 9934; TSE Prime)
Inquiries: Naoto Mizokoshi, Director and Executive Officer, Administrative Headquarters
(Tel: +81-6-4391-1781)
Notice of Completion of Payment for Disposal of Treasury Shares as Restricted Stock Incentive for the Employee Stock Ownership AssociationInaba Denki Sangyo Co., Ltd. (the "Company") hereby announces that the procedures for the payment for the disposal of treasury shares as restricted stock incentive, which was resolved at the meeting of the Board of Directors held on May 15, 2025, have been completed as follows.
For details of this matter, please refer to the "Notice of the Disposal of Treasury Shares as a Restricted Stock Incentive for the Employee Stock Ownership Association" disclosed on May 15, 2025.
Overview of the disposal
(1)
Payment date
July 7, 2025
(2)
Class and number of shares to be disposed
38,200 common shares of the Company
(3)
Disposal price
3,817 yen per share
(4)
Total disposal price
145,809,400 yen
(5)
Method of disposal (Allottee)
By third-party allotment
(Inaba Denki Employee Stock Ownership Association 38,200 shares)
Future outlook
Although the impact of the third-party allotment on the Company's consolidated results for the fiscal year ending March 31, 2026 is expected to be insignificant, the Company will promptly announce any matters that should be announced in the future.