Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
6,000 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.
¥6,414,000
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 | 6,000 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,069 per share |
| Total issue value | ¥6,414,000 |
| Amount of funds to be raised | Total payment amount: ¥6,414,000; estimated net proceeds: Not disclosed |
| Specific use of funds | Not applicable (in-kind contribution of monetary compensation receivables from the eligible officers) |
| Payment date | 17 April 2026 |
| Intended allottee | Category 3 directors (excluding outside directors) / Number of Shares 5,200 shares, Category 1 executive officer who does not concurrently serve as a director / Number of Shares 800 shares |
| Intended allottee's holding policy | The transfer restriction period will be set at 30 years in order to realize shared shareholder value over the medium to long term. |
| 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 Standard Market on 24 March 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,069. No discount or premium was stated. |
| Transfer restriction period | From 17 April 2026 to 16 April 2056 (30 years) |
| Conditions for lifting transfer restrictions | Provided that the eligible individual continuously holds the position of director of the Company, executive officer who does not concurrently serve as a director, audit & supervisory board member, employee or an equivalent position during the transfer restriction period, all transfer restrictions will be lifted upon expiration of the transfer restriction period. In cases such as retirement or resignation upon expiration of the term of office, mandatory retirement or for other legitimate reasons, the restrictions will be lifted in part in accordance with the period of service. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 3 / Number of allocated shares 5,200 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 1 / Number of allocated shares 800 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥6,414,000 |
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.The purpose is to provide medium- to long-term incentives, share value with shareholders, and further enhance the motivation of each eligible officer.