Toho disposes treasury shares as executive remuneration

Toho Co., Ltd. announced today the planned disposition of treasury shares as part of its restricted share remuneration plan for directors and executive officers. The company will allocate 15,603 of its common shares at a price of JPY7,662 per share, totaling JPY119,550,186. The allocation will be distributed among 4 directors (8,260 shares) and 16 executive officers (7,343 shares), excluding audit and non-executive directors. The payment date for the share allocation is set for June 27, 2025. The move aims to incentivize executives and align their interests with long-term corporate and shareholder value growth. These shares will be subject to transfer restrictions until the executives resign from their positions. The Board of Directors approved this plan, and the company has filed the required extraordinary report under the Financial Instruments and Exchange Law.