Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
33,900 shares of the Company's common stock (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.
¥107,971,500
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 | 33,900 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥3,185 per share |
| Total issue value | ¥107,971,500 |
| Amount of funds to be raised | Total payment amount: ¥107,971,500; approximate net proceeds: Not disclosed (monetary receivables contributed in kind under the plan) |
| Payment date | 24 July 2026 |
| Intended allottee | Name 4 of the Company's directors (excluding directors who are Audit & Supervisory Committee members) / Number of Shares 29,000 shares, Name 4 executive officers of the Company / Number of Shares 3,100 shares, Name 1 employee of the Company / Number of Shares 200 shares, Name 1 director of a subsidiary of the Company / Number of Shares 200 shares, Name 4 employees of the Company's subsidiaries / Number of Shares 1,400 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. |
| Dilution Rate | Not applicable (disposal of treasury shares only) |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 24 June 2026, ¥3,185. No discount or premium is stated. |
| Transfer restriction period | From 24 July 2026 until the date on which the recipient ceases to be a director, executive officer, employee or otherwise hold a position specified by the Company's or a subsidiary's board of directors. However, if the point immediately after 1 July 2027 occurs later than that date, the period will continue until that point. |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of director, executive officer or employee of the Company or one of its subsidiaries during the service period from the date of the annual general meeting of shareholders held on 24 June 2026 to the date of the annual general meeting of shareholders held in the following year. In the event of resignation or retirement due to death or another reason deemed legitimate by the board of directors, the restrictions will be lifted at that time. |
| Reason for acquisition without consideration | Upon expiration of the transfer restriction period, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been released. |
| Categories and Number of Persons Covered | Category The Company's directors (excluding Audit and Supervisory Committee members) / Number of Employees 4 / Number of allocated shares 29,000 shares, Category Executive officers of the Company / Number of Employees 4 / Number of allocated shares 3,100 shares, Category The Company's employees / Number of Employees 1 / Number of allocated shares 200 shares, Category Directors of the company's subsidiaries / Number of Employees 1 / Number of allocated shares 200 shares, Category Employees of the company's subsidiaries / Number of Employees 4 / Number of allocated shares 1,400 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥107,971,500 |
| Procedures under the Corporate Code of Conduct | At the 41st annual general meeting of shareholders held on 24 June 2026, approval was obtained to set the total number of common shares issued or disposed of to the Company's directors at no more than 150,000 shares per year. |
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 incentives for the sustainable enhancement of the Company's medium- to long-term corporate value and shareholder value and to promote the sharing of value with shareholders. The Company also took into consideration the purpose of the plan, its business performance and the scope of responsibilities of each allottee.