Nifco Announces Share Disposition Plan for Executive Compensation

TOKYO, Jul 31 (Pulse News Wire) – NIFCO INC. (7988.T) announced plans to repurchase shares as part of its ongoing executive compensation program.

The board approved the share repurchase on July 31, with the transaction scheduled for August 20, 2026. A total of 74,200 ordinary shares will be repurchased at a price of ¥5,336 per share, resulting in a total expenditure of ¥395.9 million. The shares will be transferred to Japan Master Trust Bank Co., Ltd. (Executive Compensation BIP Trust Account). This repurchase follows the approval of amendments to the executive stock compensation plan at the 74th Ordinary General Meeting of Shareholders held on June 24, 2026. The purpose of the repurchase is to enhance alignment between executive compensation and stock value, thereby boosting long-term performance and corporate value.

The dilution impact is estimated to be 0.07% based on the outstanding shares as of March 31, 2026, which is considered reasonable. The repurchased shares will be distributed according to the stock delivery regulations to eligible executives, minimizing immediate market impact. The trust agreement, established on August 22, 2016, involves Mitsubishi UFJ Trust and Banking Corporation and Japan Master Trust Bank Co., Ltd. as co-trustees. The trust duration extends until August 31, 2029, with the trustee exercising no voting rights. The repurchase price was determined based on the closing price of NIFCO's shares on the Tokyo Stock Exchange on July 30, 2026, adjusted for premiums over recent average prices.

The audit committee confirmed the fairness of the valuation method used.