Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
30,681 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.
¥29,975,337
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 | 30,681 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥977 per share |
| Total issue value | ¥29,975,337 |
| Amount of funds to be raised | Total payment amount: ¥29,975,337 (estimated net proceeds: Not disclosed) |
| Payment date | 7 July 2026 |
| Intended allottee | Category 4 Directors of the Company, excluding Directors who are Audit & Supervisory Committee Members and Outside Directors / Number of Shares 17,733 shares, Category 4 directors of the Company's subsidiary / Number of Shares 12,948 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged, subjected to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way from 7 July 2026 through 6 July 2056. |
| 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 Tokyo Stock Exchange on 19 June 2026, ¥977. No discount or premium. |
| Transfer restriction period | 30 years (from 7 July 2026 through 6 July 2056) |
| Conditions for lifting transfer restrictions | The allottee must continuously hold the position of director through the date of the first annual general meeting of shareholders of the Company or the relevant subsidiary held after the start of the transfer restriction period. If the allottee leaves office for a justifiable reason, part of the restrictions will be lifted in proportion to the period of service. |
| Reason for acquisition without consideration | If the allottee leaves office without a reason deemed justifiable before the day preceding the scheduled date of the relevant annual general meeting of shareholders. If any shares remain subject to the transfer restrictions when the transfer restriction period expires. If any shares remain subject to the transfer restrictions because of a corporate reorganization or other similar event. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of allocated shares 17,733 shares, Category Directors of subsidiaries of the Company / Number of Employees 4 / Number of allocated shares 12,948 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥29,975,337 (total annual compensation and other payments to the eligible directors: no more than ¥100 million) |
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 enable directors and others to share with shareholders both the benefits and risks of share price fluctuations and to increase their motivation to contribute to higher share prices and enhanced corporate value.