Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
9,590 treasury 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.
¥26,593,070
The total number of issued shares will not increase because this is a disposal of treasury shares.
Not applicable (disposal of treasury shares)
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 | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 9,590 treasury shares |
| Issue price and disposal price | ¥2,773 per share |
| Total issue value | ¥26,593,070 |
| Amount of funds to be raised | Not stated. Monetary compensation receivables of ¥26,593,070 will be contributed in kind. |
| Payment date | 10 August 2026 |
| Intended allottee | Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of Shares 3,741 shares, Category The Company's executive officers / Number of Employees 10 / Number of Shares 5,849 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged, used to create a security interest, gifted during the holder’s lifetime, bequeathed or otherwise disposed of. The shares will be held and maintained in a designated account until the restrictions are lifted. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the company’s common shares on the Tokyo Stock Exchange on 23 July 2026, the business day immediately preceding the date of the Board of Directors’ resolution, was ¥2,773. No discount or premium applies. |
| Transfer restriction period | From 10 August 2026 until the date on which the allottee ceases to hold either the position of director or executive officer of the company. However, if the date of cessation is on or before 30 June 2027, the period will run until 1 July 2027. |
| Conditions for lifting transfer restrictions | Directors must continuously remain in either the position of director or executive officer until the date of the first annual general meeting of shareholders held after the start of the restriction period, while executive officers must do so until the end of the first fiscal year to end after that date. If they cease to hold office for a valid reason, part of the restrictions will be lifted in proportion to their period of service. |
| Reason for acquisition without consideration | The company will acquire without consideration any shares whose restrictions have not been lifted if the holder ceases to hold office without a valid reason before the prescribed time, if the conditions for lifting the restrictions are not met and the restrictions therefore remain in place, or if the holder ceases to hold office in connection with a corporate reorganization or similar event. |
| Categories and Number of Persons Covered | 4 directors, 3,741 shares; 10 executive officers, 5,849 shares |
| Total Stock-Based Compensation | Aggregate monetary compensation receivables of ¥26,593,070. The annual compensation framework for eligible directors is capped at ¥50 million. |
| Impact on Business Performance | No impact on financial results from this disposal of treasury shares is stated. |
Items this document does not state (11)
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 share the benefits and risks of share price fluctuations with shareholders and increase recipients’ motivation to contribute to higher share prices and enhanced corporate value.