Details of issuance or disposal
Issuance of new shares as restricted stock compensation
15,500 common shares (new shares)
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
¥10,028,500
The allocation to the external collaborator represents 0.07%. Based on the 1,471,400 issued shares as of the end of December 2025, the dilution from all 15,500 new shares is approximately 1.05%.
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 15,500 common shares (new shares) |
| Issue price and disposal price | ¥647 per share |
| Total issue value | ¥10,028,500 |
| Amount of funds to be raised | As a total of ¥10,028,500 in monetary compensation receivables will be contributed in kind, the approximate net proceeds are Not disclosed |
| Payment date | 24 April 2026 |
| Intended allottee | Category Directors / Number of Employees 5 / Number of Shares 6,000 shares, Category Executive officers / Number of Employees 5 / Number of Shares 6,000 shares, Category Employees / Number of Employees 2 / Number of Shares 2,400 shares, Category External collaborator / Name Tabata Hiroshi (田端 浩) / Number of Employees 1 / Number of Shares 1,100 shares |
| Intended allottee's holding policy | The Company has confirmed that Tabata Hiroshi (田端 浩) will receive the allocation of these shares on the premise that he will continue to provide services in the future and intends to hold the Company's shares over the long term. Transfers and other dispositions will also be restricted from 24 April 2026 through 23 March 2029. The holding policies of the other recipients are Not disclosed. |
| Dilution Rate | The allocation to the external collaborator represents 0.07%. Based on the 1,471,400 issued shares as of the end of December 2025, the dilution from all 15,500 new shares is approximately 1.05%. |
| Total number of issued shares | 1,471,400 shares (as of the end of December 2025) → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 24 March 2026, the business day preceding the date of the Board of Directors' resolution, was ¥647. No discount or premium is disclosed. |
| Transfer restriction period | From 24 April 2026 through 23 March 2029 |
| Conditions for lifting transfer restrictions | For directors, all transfer restrictions will be lifted upon expiry of the period provided that they remain continuously in the position of director throughout the period. For executive officers and employees, all restrictions will be lifted provided that they continuously hold one of the applicable positions throughout the period. For external collaborators, all restrictions will be lifted provided that the service agreement is renewed and services continue to be provided. If a recipient retires, leaves employment or terminates the service agreement during the period, the restrictions will be lifted on the number of shares corresponding to the period for which the recipient remained in office, employed or provided services. |
| Reason for acquisition without consideration | Upon expiry of the transfer restriction period, or upon a recipient's retirement, departure from employment or termination of the service agreement during the period, the Company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 5 directors and 6,000 shares, 5 executive officers and 6,000 shares, 2 employees and 2,400 shares, and 1 external collaborator and 1,100 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥10,028,500 |
| Procedures under the Corporate Code of Conduct | Because the dilution rate is below 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholder consent are not required. |
| Impact on Business Performance | No disclosure has been made regarding the impact on financial results: Not disclosed |
Items this document does not state (10)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To provide an incentive for the sustained enhancement of corporate value and promote the sharing of value with shareholders. For external collaborators, the purpose is to ensure the continued provision of services and contribution to the enhancement of corporate value.