Translation
Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
For Immediate Release
Company name Okabe Co., Ltd.
April 24, 2026
Representative Hirohide Kawase, Representative Director,
President and Chief Executive Officer (Securities Code: 5959, TSE Prime Market)
Contact Hisanori Ekawa, Director, Managing Executive Officer and Head of Administrative Division
(TEL. +81-3-3624-5119)
Notice of Completion of Payment for Disposal of Treasury Stock as Restricted Stock Compensation
Okabe Co., Ltd. (the "Company") hereby announces that payment procedures for the disposal of treasury stock as restricted stock compensation, which was resolved at a meeting of its Board of Directors held on March 27, 2026, have been completed today. Details are as follows. For more details about this matter, please refer to the "Notice of Disposal of Treasury Stock as Restricted Stock Compensation" released on March 27, 2026.
Details
Overview of the disposal of treasury stock
(1) Payment date | April 24, 2026 |
(2) Class and number of shares to be disposed of | Common stock of the Company: 50,650 shares |
(3) Disposition amount | 970 yen per share |
(4) Total disposition amount | 49,130,500 yen |
(5) Allottees | Three Directors*: 17,230 shares Eight Operating Officers not serving concurrently as Directors: 31,880 shares One Fellow: 1,540 shares * Directors who are Audit & Supervisory Committee Members and Outside Directors are excluded. |