Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
4,852 shares of the Company's common stock (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.
¥14,551,148
Not applicable (as this is a disposal of treasury shares, the total number of issued shares will not increase)
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 | 4,852 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,999 per share |
| Total issue value | ¥14,551,148 |
| Amount of funds to be raised | Total payment amount: ¥14,551,148; estimated net proceeds: Not disclosed |
| Payment date | 3 August 2026 |
| Intended allottee | Name 4 directors of the Company (excluding outside directors) / Number of Shares 4,495 shares, Name 2 directors of the Company's subsidiaries / Number of Shares 357 shares |
| Dilution Rate | Not applicable (as this is a disposal of treasury shares, the total number of issued shares will not increase) |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 1 July 2026, ¥2,999. No discount or premium rate was disclosed. |
| Transfer restriction period | 3 August 2026 to 2 August 2056 (30 years) |
| Conditions for lifting transfer restrictions | Subject to having continuously held the position of director of the Company or one of its subsidiaries throughout the restriction period, all of the allocated shares will be released from the transfer restrictions upon expiry of the restriction period. In the event of retirement for a valid reason, the restrictions will be adjusted reasonably. |
| Reason for acquisition without consideration | If the recipient retires as a director of the Company or one of its subsidiaries before expiry of the restriction period, except where the Board of Directors recognizes a valid reason. This also applies if any shares remain subject to transfer restrictions at the expiry of the restriction period, or if any shares remain subject to transfer restrictions after the restrictions are released in connection with a corporate reorganization or other similar event. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 4 / Number of allocated shares 4,495 shares, Category Directors of the Company's subsidiaries / Number of Employees 2 / Number of allocated shares 357 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥14,551,148 (¥13,480,505 for the Company's directors and ¥1,070,643 for the subsidiary directors). The annual compensation limit for the Company's directors is ¥40 million or less. |
Items this document does not state (14)
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 the Company's corporate value and to further promote the sharing of value with shareholders.