Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
91,423 common shares of the Company (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.
¥31,083,820
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 | 91,423 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥340 per share |
| Total issue value | ¥31,083,820 |
| Amount of funds to be raised | Total paid-in amount: ¥31,083,820; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Category Directors of the Company (excluding outside directors and directors who are Audit & Supervisory Committee members) / Number of Employees 4 / Number of Shares 58,182 shares, Category Employees of the Company / Number of Employees 16 / Number of Shares 28,535 shares, Category Employees of the Company’s subsidiaries / Number of Employees 2 / Number of Shares 4,706 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. |
| Dilution Rate | Not applicable (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 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥340. No discount or premium was stated. |
| Transfer restriction period | For the eligible directors, from 24 July 2026 until the date on which they cease to hold the position of director of the Company. For the Company’s employees and the employees of its subsidiaries, the period is expected to be 3 years. |
| Conditions for lifting transfer restrictions | For the eligible directors, all of the shares allocated under this arrangement will be released from the transfer restrictions upon expiration of the transfer restriction period, provided that they continuously hold the position of director of the Company from 24 July 2026 until 1 July 2027. In the event of retirement due to death, expiration of the term of office or another reason deemed legitimate by the Board of Directors, a portion of the restrictions will be released in proportion to the number of months in office. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period or other time specified in the agreement, the Company will acquire without consideration any shares allocated under this arrangement that remain subject to the transfer restrictions. |
| Categories and Number of Persons Covered | 4 directors of the Company · 58,182 shares, 16 employees of the Company · 28,535 shares, 2 employees of the Company’s subsidiaries · 4,706 shares |
| Total Stock-Based Compensation | ¥31,083,820 (total monetary remuneration receivables and monetary claims granted to the eligible directors and others) |
Items this document does not state (13)
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 the Company’s directors with incentives to achieve sustained improvement in corporate value and shareholder value over the medium to long term, and to promote the sharing of value with shareholders. The Company will also grant similar restricted stock to its employees and the employees of its subsidiaries.