Sakurajima FUTO Kaisha Futokaisha Completes Restricted Share Disposition for Executives

TOKYO, Jul 24 (Pulse News Wire) – Sakurajima Futo Kaisha,ltd. (9353.T), completed the repurchase of restricted shares as part of executive compensation on July 24.

The transaction was approved during the board meeting held on June 25, 2026. A total of 6,100 ordinary shares were repurchased at a price of ¥2,840 per share, amounting to a total value of ¥17.3 million. This repurchase involved five executives of the company.

According to regulations, these shares cannot be transferred until the semi-annual report for the fiscal year in which the recipients receive their allocation is filed. Due to the total repurchase value being less than ¥100 million, no securities notification or interim report was submitted under the Financial Instruments and Exchange Act. The restrictions placed on these shares ensure that they remain subject to transfer limitations until the designated conditions are met, aligning with regulatory requirements for executive compensation structures.