Source disclosure: February 12, 2026
SHIKIBO LTD. [3109.T]
TOKYO, Feb 12 (Pulse News Wire) – Shikibo Ltd. (3109.T) announced today that its board of directors resolved to sell shares to a trust fund on March 3, 2026.
The sale involves 1,000,000 shares at ¥1,000 per share, totaling ¥1,000,000,000. The shares will be transferred to Nippon Custodian Bank's trust account to support the company’s equity compensation program for executives. The transaction is part of the ongoing executive stock award system introduced in 2016 and revised in 2021 and 2024. According to the company, the sale is necessary to ensure future payouts under the program.
The number of shares sold represents approximately 0.01% of the outstanding shares as of September 30, 2025, which the company believes will have a minor impact on the trading market. The price of ¥1,000 per share was determined based on the average closing price of Shikibo Ltd.'s stock on the Tokyo Stock Exchange during the month leading up to the resolution date, excluding non-trading days. This method ensures objectivity and, The company stated that the sale aligns with its long-term strategy to enhance corporate value through its executive compensation plan. Additionally, the independent audit committee confirmed that the pricing does not favor the recipient disproportionately.
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