Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
20,300 treasury shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥38,793,300
The total number of issued shares will not increase because this is a disposal of treasury shares.
No dilution, as this is a disposal of treasury shares and 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 | 20,300 treasury shares |
| Issue price and disposal price | ¥1,911 per share |
| Total issue value | ¥38,793,300 |
| Amount of funds to be raised | As the shares are issued in exchange for an in-kind contribution of monetary compensation claims, no cash will be paid into the Company. Total monetary claims: ¥38,793,300; estimated net proceeds: Not disclosed |
| Payment date | 10 December 2026 |
| Intended allottee | Name 6 executive officers who do not concurrently serve as directors of the Company's subsidiaries / Number of Shares 20,300 shares |
| Intended allottee's holding policy | Transfers to third parties, pledges and any other disposal are prohibited from 10 December 2026 through 10 December 2055. The Company will acquire the shares without consideration if certain events occur. |
| Dilution Rate | No dilution, as this is a disposal of treasury shares and the total number of issued shares will not increase |
| 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 29 October 2026, the business day before the date of the Board of Directors' resolution, was ¥1,911. No discount or premium rate was disclosed. |
| Transfer restriction period | 10 December 2026 to 10 December 2055 |
| Conditions for lifting transfer restrictions | All transfer restrictions on the allocated shares held at the end of the restriction period will be lifted, provided that the holder continuously holds one of the positions of director, executive officer or employee of the Company's group from the start date of the restriction period through the end of the holder's term. In the event of departure or retirement for a legitimate reason, such as the end of the holder's term or reaching the mandatory retirement age, restrictions will be lifted in part in proportion to the period of service. |
| Reason for acquisition without consideration | If the holder ceases to hold any position as a director or executive officer of the Company's group between the start date of the restriction period and the day before the end of the holder's term, except where the Company's Board of Directors recognizes a legitimate reason. The Company will also acquire without consideration any shares whose transfer restrictions have not been lifted at the end of the restriction period, as well as any shares whose transfer restrictions have not been lifted when the holder departs or retires in connection with a corporate reorganization or similar event. |
| Categories and Number of Persons Covered | 6 executive officers who do not concurrently serve as directors of the Company's subsidiaries; 20,300 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥38,793,300 |
| Impact on Business Performance | No impact on financial results is stated |
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.To share with shareholders the benefits and risks of share price fluctuations, increase their motivation to contribute to higher share prices and corporate value, and provide an incentive to enhance corporate value sustainably.