Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
22,625 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.
¥62,377,125
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 | 22,625 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,757 per share |
| Total issue value | ¥62,377,125 |
| Amount of funds to be raised | Total payment amount: ¥62,377,125; estimated net proceeds: Not disclosed (contribution in kind of monetary compensation receivables from the eligible recipients) |
| Payment date | 22 July 2026 |
| Intended allottee | Name The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 5 / Number of Shares 15,535 shares, Name Senior Executive Officers of the Company who do not concurrently serve as directors / Number of Employees 3 / Number of Shares 4,350 shares, Name Eligible directors of the Company's subsidiaries / Number of Employees 4 / Number of Shares 2,740 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of, and will be managed through a dedicated account. The transfer restriction period is 20 years. |
| 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 common shares on the Prime Market of the Tokyo Stock Exchange on 2 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,757. No discount or premium applies. |
| Transfer restriction period | 22 July 2026 to 22 July 2046 (20 years) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiry of the transfer restriction period, provided that the recipient has continuously held a position as a director, executive officer, Audit & Supervisory Board member, or other equivalent position at the Company or one of its subsidiaries throughout the transfer restriction period. If the recipient retires or leaves employment upon expiry of the term of office or for another legitimate reason, the restrictions will be lifted for the number of shares corresponding to the recipient's period of service on the corresponding date one year after retirement or departure, or another date specified by the Company. |
| Reason for acquisition without consideration | If the recipient retires or leaves employment before expiry of the transfer restriction period for any reason other than expiry of the term of office, death, or another legitimate reason. The Company will also acquire without consideration any shares for which the transfer restrictions remain in place at the time of lifting the restrictions. |
| Categories and Number of Persons Covered | 5 directors of the Company, excluding directors serving as Audit & Supervisory Committee members and outside directors, 15,535 shares; 3 Senior Executive Officers of the Company who do not concurrently serve as directors, 4,350 shares; 4 eligible directors of the Company's subsidiaries, 2,740 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥62,377,125 (including ¥42,829,995 for directors of the Company) |
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.The purpose is to provide incentives for the sustainable enhancement of corporate value, share value with shareholders, secure talented personnel, and enhance the motivation of the eligible recipients.