Tokyo Printing INK Mfg.Co. Ink to Sell Own Shares for Equity-linked Compensation Plan

TOKYO, Aug 05 (Pulse News Wire) – Tokyo Printing INK Mfg.co.,ltd. (4635.T) announced that it will sell own shares on August 05, 2026 as part of its equity-linked compensation plan.

The company’s board of directors approved the sale of ordinary shares totaling 209,700 at a price of ¥1,373 per share, resulting in a total value of ¥287.9 million. The shares will be transferred to Mitsui Sumitomo Trust Bank (trust account) and subsequently re-trusted to Nomura Trust Bank (trust account). This move aims to enhance long-term performance and corporate value by aligning executive remuneration with the company's stock price.

The dilution ratio based on the number of outstanding shares as of March 31, 2026, is 1.54%, which represents a minor impact on the trading market according to the company. The equity-linked compensation plan was introduced during the regular shareholders' meeting held on June 25, 2026, and detailed information can be found in the notice dated May 13, 2026. The trust agreement for this plan includes provisions such as non-monetary trusts, independent trustees, and restrictions on voting rights throughout the trust period until August 2031.

The valuation basis for the selling price is determined by the closing price on the Tokyo Stock Exchange on the day prior to the board resolution, ensuring objectivity and reasonableness.