Nifco to acquire and cancel shares after ending employee incentive trust

Nifco Inc. announced on December 25, 2025, that its board of directors resolved to gratuitously acquire and subsequently cancel 24,439 of its common shares. This action follows the termination of the "Stock Grant ESOP Trust," an employee incentive plan, due to a review of the incentive scheme.

The incentive plan, which Nifco introduced on May 11, 2018, and continued as per an announcement on October 28, 2022, will cease as of December 31, 2025. This comes after the delivery of common shares corresponding to granted points was completed on November 26, 2025. The trust, established for the plan's operation, will also conclude on December 31, 2025.

The acquisition of the 24,439 common shares is scheduled for January 20, 2026, with the cancellation set for January 30, 2026. Following the cancellation, Nifco's total issued shares will stand at 100,232,614.