Union Tool Co.TSE: 6278

Notice Concerning Determination of Disposal Price and Selling Price, etc. (202KB)

· Issued by Union Tool Co.

Note: This document has been translated from a part of 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.

April 14, 2026

Company name: UNION TOOL CO.

Name of representative: Takao Katayama, CEO

(Securities code: 6278; TSE Prime Market)

Inquiries: Norimasa Kurata, Executive Officer

(Telephone: +81-3-5493-1017)

Notice Concerning Determination of Disposal Price and Selling Price, etc.

We, UNION TOOL CO., hereby announce that we have determined the disposal price, the selling price and other matters in relation to the disposal of treasury stock and the secondary offering of our shares which were resolved by the Board of Directors at its meeting held on April 6, 2026.

  1. Disposal of Treasury Stock through Public Offering (Public Offering)

    1. Disposal price (offer price) ¥16,349 per share

    2. Total amount of disposal price ¥29,428,200,000

    3. Amount to be paid in ¥15,645.80 per share

    4. Total amount to be paid in ¥28,162,440,000

    5. Payment date April 21, 2026 (Tue)

      Note: The underwriter shall purchase for sale the shares at the amount to be paid in and offer them at the disposal price (offer price).

  2. Secondary Offering of Shares (Secondary Offering by way of Over-Allotment)

    1. Number of shares to be sold 270,000 shares

    2. Selling price ¥16,349 per share

    3. Total amount of selling price ¥4,414,230,000

    4. Delivery date April 22, 2026 (Wed)

  3. Disposal of Treasury Stock through Third-Party Allotment

    1. Amount to be paid in ¥15,645.80 per share

    2. Total amount to be paid in (Maximum)

      ¥4,224,366,000

    3. Payment date May 20, 2026 (Wed)

  1. Calculation of Disposal Price (offer price) and Selling Price

    1. Calculation reference date and price April 14, 2026 (Tue) ¥17,580

    2. Discount rate 7.00%

  2. Syndicate Cover Transaction Period

    From April 17, 2026 (Fri) to May 15, 2026 (Fri)

  3. Use of Proceeds

With respect to the total estimated net proceeds (maximum) of JPY 32,370,806,000 from the public offering and the third-party allotment, we intend to apply the funds as follows: JPY 4,197,000,000 will be allocated by the end of June 2027 to the construction costs for Factory No.6 at the Nagaoka Plant; JPY 1,953,000,000 will be allocated by the end of December 2028 to capital investment for the expansion of machinery and equipment at the Mitsuke Plant; JPY 23,866,000,000 will be allocated by the end of December 2028 to capital investment for the expansion of machinery and equipment at the Nagaoka Plant; and any amount by which the total estimated net proceeds exceed the aforementioned total required amount will be applied to research and development (R&D) expenses for cutting tool products and other products by the end of December 2027.

Until the time of expenditure, the proceeds will be properly managed in the Company’s bank accounts.

See the notice entitled “Notice Concerning Disposal of Treasury Stock and Secondary Offering of Shares” on April 6, 2026 for more details.

End

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