Nichimo extends share compensation plan, to acquire additional shares

Nichimo Co., Ltd. announced its decision to continue the existing stock compensation plan for its directors, excluding audit & supervisory committee members and external directors. This continuation was resolved by the board of directors on May 30, 2025.

Concurrently, the company will additionally place 53,040,000 yen in trust on September 17, 2025, to allow the trustee to acquire an additional 20,400 shares of the company’s common stock at 2,600 yen per share.

The share acquisition will be executed via a disposal of treasury shares, scheduled for September 17, 2025, with Sumitomo Mitsui Trust Bank, Ltd. (trust account) as the scheduled disposal recipient. The trust, originally established on September 12, 2022, will now have a termination date of August 31, 2028. This measure aims to further align the compensation of directors with the company's performance and stock value.

The disposal price of 2,600 yen per share was set based on the closing price on August 28, 2025, to ensure an objective reflection of market value. The dilution effect of this transaction is approximately 0.23% of the total issued shares as of March 31, 2025, which Nichimo deems reasonable and expected to have minimal impact on the market.