Itoki Corporation to Dispose of Treasury Stock

Itoki has resolved to dispose of 204,000 treasury shares at a price of 1,645 yen each as part of its restricted stock-based compensation program, according to a Monday filing on the Tokyo Stock Exchange. The total value of the disposal is 335.6 million yen, set to be completed by May 20. The shares will be allocated to 38 eligible individuals, including internal directors, statutory auditors, executive officers, and a subsidiary director.