Details of issuance or disposal
Issuance of Ninth Series Share Acquisition Rights (tax-qualified stock options)
4,100 rights (100 shares per share acquisition right, for a total of 410,000 shares)
Approximately 1.14% at most (relative to the total number of issued shares excluding treasury shares as of 30 April 2026)
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.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of Ninth Series Share Acquisition Rights (tax-qualified stock options) |
| Number of shares to be issued or disposed of | 4,100 rights (100 shares per share acquisition right, for a total of 410,000 shares) |
| Issue price and disposal price | The share acquisition rights will be issued free of charge. The exercise price is ¥678 per share. |
| Intended allottee | Name Company officers / Number of Employees 4 / Number allocated 140 rights, Name The Company's employees / Number of Employees 30 people / Number allocated 3,920 rights, Name Employees of the company's subsidiaries / Number of Employees 1 / Number allocated 40 units |
| Dilution Rate | Approximately 1.14% at most (relative to the total number of issued shares excluding treasury shares as of 30 April 2026) |
| Basis for determining the amount to be paid | The exercise price is ¥678, the closing price for ordinary trading on the Tokyo Stock Exchange on 14 May 2026, the trading day preceding the date of the Board of Directors' resolution. No discount or premium rate is stated. |
| Exercise price | The initial exercise price is ¥678 per share. Adjustment provisions apply in the event of a stock split or consolidation, an issuance of new shares or disposal of treasury shares below market value, or similar events. A minimum exercise price is not stated. |
| Exercise period | From 3 June 2028 through 2 June 2032 |
| Number of Stock Acquisition Rights | Total issued: 4,100 rights. The number of outstanding unexercised rights is Not disclosed. |
| Reason for acquisition without consideration | If a proposal concerning a corporate reorganisation or similar matter is approved, if a holder of the share acquisition rights ceases to meet the exercise conditions, or in the event of the holder's death, the company may acquire all or part of the unexercised share acquisition rights free of charge. |
| Categories and Number of Persons Covered | Company directors and officers: 4 people, 140 rights; company employees: 30 people, 3,920 rights; employees of the company's subsidiaries: 1 person, 40 rights |
| Procedures under the Corporate Code of Conduct | The issuance will be conducted without obtaining approval at a shareholders meeting. Although the rights are issued free of charge, the company explains that the terms are effective as an incentive, are not particularly favourable, and do not constitute a favourable issuance. |
| Impact on Business Performance | The company explains that the issuance will help increase shareholder value and corporate value through further improvement in the morale of its officers and employees and the achievement of its performance targets. The impact on performance in specific monetary or percentage terms is Not disclosed. |
Items this document does not state (15)
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 increase the motivation and morale of the company's officers and employees and strengthen the unity of the group over the medium to long term, with a view to expanding the group's performance and increasing corporate value. The company explains that achieving its performance targets will help increase shareholder value and corporate value and contribute to the interests of existing shareholders.