Press Kogyo completes treasury share disposal, adjusts allocation

Press Kogyo Co., Ltd. announced the completion of payment procedures for the disposal of treasury shares as share grants to its employee shareholding associations, finalizing on September 3, 2025. This disposal was initially resolved by the board of directors on May 13, 2025. The company confirmed that the previously announced number of shares and total disposition price have been adjusted due to partial forfeiture of rights by some participants.

The final disposal involved 117,500 common shares of the company, a reduction from the initially planned 266,000 shares. The disposal price per share remained at JPY 562, resulting in a revised total disposition price of JPY 66,035,000, down from the original JPY 149,492,000. These shares were allocated via third-party allotment to Press Kogyo Employees' Shareholdings (103,400 shares) and Press Kogyo Group Employees' Shareholdings (14,100 shares).

The changes in the number of disposed shares and the total disposition price are attributed to the conclusion of membership promotion efforts by the employee shareholding associations, which led to a finalized count of participating members.