Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
56,316 Class 1 preferred 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.
¥100,693,008
The total number of issued shares will not increase because this is a disposal of treasury shares.
Not applicable (disposal of treasury shares only)
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 | 56,316 Class 1 preferred shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,788 per share |
| Total issue value | ¥100,693,008 |
| Amount of funds to be raised | Amount to be paid in through the in-kind contribution of all of these monetary compensation receivables: ¥100,693,008. Estimated net proceeds: Not disclosed |
| Payment date | 30 October 2026 |
| Intended allottee | Name 221 employees of the Company / Number of Shares 52,466 shares, Name 13 employees of the Company's wholly owned subsidiary / Number of Shares 3,850 shares |
| Intended allottee's holding policy | During the restricted transfer period, the shares may not be transferred to third parties, pledged or otherwise disposed of in any way. The shares will be managed in a designated account. |
| Dilution Rate | Not applicable (disposal of treasury shares only) |
| 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 Class 1 preferred shares on the Tokyo Stock Exchange Prime Market on 23 July 2026, ¥1,788. No discount or premium. |
| Transfer restriction period | From 30 October 2026 until immediately after the holder retires from all positions as an employee of the Company or any of its subsidiaries |
| Conditions for lifting transfer restrictions | All of the allocated shares will be released from the transfer restrictions upon expiration of the restricted transfer period, provided that the holder continuously held a position as an employee of the Company or any of its subsidiaries throughout the applicable service period, from the first day of the fiscal year containing the disposal date through the end of that fiscal year. If the holder retires upon reaching the mandatory retirement age or for another legitimate reason, part or all of the restrictions will be released in proportion to the number of months of service. |
| Reason for acquisition without consideration | If, during the restricted transfer period, the holder engages in conduct violating laws or regulations or falls under any other event specified in the applicable allocation agreement, all shares held will be acquired without consideration. Shares for which the transfer restrictions have not been released upon expiration of the restricted transfer period or at the time of release will also be acquired without consideration. In the event of a corporate reorganization or other similar event, shares for which the restrictions have not been released will likewise be acquired without consideration. |
| Categories and Number of Persons Covered | Employees of the Company: 221 employees, 52,466 shares; employees of the Company's wholly owned subsidiary: 13 employees, 3,850 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥100,693,008 |
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 an incentive to achieve sustained increases in corporate value and promote value sharing with shareholders. The decision also took into account the Company's business conditions, the need to further increase motivation, the scope of the eligible employees' responsibilities and other relevant factors.