Daito Trust Construction boosts employee and executive share benefits

Daito Trust Construction has announced the disposal of 110,000 treasury shares through a third-party allotment at 15,875 yen per share, totaling 1,746,250,000 yen, for its J-ESOP trust. This move, effective September 17, 2025, aims to benefit employees and non-executive subsidiary officers, distributing shares to 8,354 employees, 7 non-executive subsidiary officers, and 6,904 subsidiary employees. The program is structured to reflect service contributions.

Concurrently, the company will dispose of 13,400 treasury shares at 15,875 yen per share, totaling 212,725,000 yen, for its executive compensation BIP trust. This allocation to Japan Master Trust Bank (for the Executive Compensation BIP Trust account) also on September 17, 2025, aligns with the company's objective to enhance long-term performance and shareholder value for its non-auditing directors and executive officers.

Both share disposal initiatives, approved by the board of directors, leverage the company's existing share benefit trusts. The dilution rates are below 25%, and the auditor committee has confirmed that the disposal prices are not particularly advantageous, based on recent trading averages.