Suncall to Dispose of Own Shares Under Performance-Based Equity Plan

TOKYO, Jul 17 (Pulse News Wire) – Suncall Corporation (5985.T) resolved at a board meeting today to dispose of own shares as part of its performance-based equity compensation plan. The disposal will occur on August 4, 2026, involving the sale of 200,000 ordinary shares at a price of ¥1,390 per share, totaling ¥278 million.

This action follows the introduction of the performance-linked equity compensation system in May 2016 aimed at aligning executive remuneration with long-term company performance and stock value. The move is designed to enhance sustained growth and corporate value by ensuring executives share both benefits and risks associated with stock price fluctuations with shareholders.

The disposal quantity was determined based on the company's share delivery regulations, considering factors such as director positions, composition changes, and performance trends during the trust period. It represents a dilution ratio of 0.59% relative to the total number of outstanding shares as of March 31, 2026 (34,057,923).

Suncall believes this level of dilution is reasonable and unlikely to significantly impact the trading market.