Furuya Metal completes restricted stock compensation for directors

Furuya Metal Co., Ltd. announced the completion of payment procedures for its disposition of treasury shares as restricted stock remuneration. The resolution, passed at a Board of Directors meeting on September 25, 2025, involved the disposal of 23,300 shares of common stock at a price of 2,929 yen per share. The total value of the shares disposed amounted to 68,245,700 yen.

The disposition was conducted through the allotment of specific restricted stocks, with subscription made via in-kind contributions of monetary remuneration claims. Four directors of the company, excluding outside directors and Audit and Supervisory Committee members, were the allottees, receiving a total of 23,300 shares. The disposal date was October 23, 2025.

This transaction reinforces Furuya Metal's compensation structure for its executive team, utilizing treasury shares to incentivize performance. The completion of this payment procedure marks the final step in the previously announced remuneration plan.