Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
45,900 common shares (treasury shares)
¥24,923,700
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 | 45,900 common shares (treasury shares) |
| Issue price and disposal price | ¥543 per share |
| Total issue value | ¥24,923,700 |
| Amount of funds to be raised | Total payment of ¥24,923,700; estimated net proceeds: Not disclosed (in-kind contribution of monetary claims held by the recipients of the allocation) |
| Payment date | 24 April 2026 |
| Intended allottee | Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 3 / Number of Shares Not disclosed, Category Employees of the Company / Number of Employees 2 / Number of Shares Not disclosed, Category Directors of the Company's wholly owned subsidiary / Number of Employees 1 / Number of Shares Not disclosed |
| Intended allottee's holding policy | For a specified period, transfers to third parties, the creation of security interests and any other disposal are prohibited. |
| 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 Prime Market on 24 March 2026 was ¥543. The price was based on the closing price on the business day immediately preceding the pricing date; no discount or premium was specified. |
| Transfer restriction period | For executive officers of the Company who do not concurrently serve as directors and employees: 24 April 2026 to 31 December 2028, For directors of the Company's wholly owned subsidiary: 24 April 2026 to 31 December 2026 |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiry of the restriction period, provided that the recipient has continuously held one of the following positions during the restriction period: director, executive officer, executive officer who does not concurrently serve as a director, audit & supervisory board member, employee, adviser, consultant or an equivalent position at the Company or one of its subsidiaries. If the recipient retires or leaves employment for a legitimate reason, the restrictions will be lifted immediately after retirement or departure with respect to the number of shares corresponding to the recipient's months of service. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions remain in place at the expiry of the restriction period or when the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | 3 executive officers of the Company who do not concurrently serve as directors, 2 employees of the Company and 1 director of the Company's wholly owned subsidiary. The breakdown of the number of allocated shares by category is Not disclosed, and the total is 45,900 shares. |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥24,923,700 |
Items this document does not state (12)
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 directors and employees of the Company and its wholly owned subsidiary with incentives to achieve sustained growth in corporate value and to promote the sharing of value with shareholders.