Notice Regarding Completion of Payment for Disposal of Treasury Stock and Partial Forfeiture
Fuji Corporation (hereinafter referred to as the "Company") hereby announces that the payment procedure for the disposal of treasury stock to the Fuji employee stock ownership, which was resolved at the Board of Directors meeting held on November 7, 2022, was completed today. The number of shares to be disposed of and the total amount of the disposal originally planned have been changed due to partial forfeiture. Therefore, we would like to inform the changes as follows. For details of this matter, please refer to the "Notice Regarding Disposal of Treasury Stock by Third-Party Allotment" dated November 7, 2022.
1. Summary of disposition (with changes underlined)
After change
Before change
(1) Disposition date
January 20, 2023
January 20, 2023
(2) Class and number of
10,100shares of common stock of
17,150shares of common stock of
shares to be disposed of
the Company
the Company
(3) Disposal value
1,929 yen per share
1,929 yen per share
(4) Total amount to be
19,482,900yen
33,082,350yen
disposed of
(5) Method of disposition
Disposition by way of third-party
Disposition by way of third-party
allocation
allocation
(6) Planned recipient
Fuji employee stock ownership
Fuji employee stock ownership
deletion
Note: Fuji employee stock ownership
(hereinafter referred to as the "Stock
Ownership") will conduct a
membership promotion to employees
of the Company (hereinafter referred
to as "Employees") and invite
applicants to join the Stock
Ownership after a resolution by the
Board of Directors of the Stock
Ownership held today, with sufficient
time to publicize the membership to
employees. Therefore, the number of
shares to be disposed of (number of
shares to be offered) and the total
amount of shares to be disposed of
(total amount to be paid in) will be
determined after the close of the membership promotion. The number
of shares to be disposed of (number
of shares to be offered) and the total
amount of shares to be disposed of
will be announced as soon as they
are determined.
2. Reason for change
The change in the number of shares disposed of and the total amount of disposal is due to the completion of the membership promotion for employees of the Company and the determination of the number of the members of the stock ownership association.
3. Future outlook
The impact of this third-party allotment on our consolidated business results for the fiscal year ending March 2023 will be negligible.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Fuji Machine Mfg Co. Ltd. published this content on 20 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2023 07:20:03 UTC.
Fuji Corp is a Japan-based company mainly engaged in the manufacture and sale of electronic component mounting robots and machine tools. The Company operates its business through two business segments. The Robot Solutions segment is engaged in the produce of electronic component mounting robots. The Machine Tools segment is engaged in the produce of machine tools. The Company also provides control equipment, electronic equipment, and image processing development.