Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
116,315 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.
¥148,534,255
As this is a disposal of treasury shares, the total number of issued shares will not increase
Not applicable (disposal of treasury shares)
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 | 116,315 treasury shares |
| Issue price and disposal price | ¥1,277 per share |
| Total issue value | ¥148,534,255 |
| Amount of funds to be raised | Total payment amount: ¥148,534,255; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Name Directors of the Company's subsidiaries (excluding outside directors) / Number of Employees 17 / Number of Shares 75,201 shares, Name Executive officers of the Company's subsidiaries / Number of Employees 24 / Number of Shares 41,114 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period is the 30-year period from 24 July 2026 to 23 July 2056. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,277. No discount or premium was applied. |
| Transfer restriction period | 30 years (24 July 2026 to 23 July 2056) |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds the position of director of a Company subsidiary or executive officer of a Company subsidiary who does not concurrently serve as a director during the transfer restriction period, all transfer restrictions will be lifted upon expiry of the transfer restriction period. In the event of retirement or resignation upon expiry of the term of office, reaching the mandatory retirement age, or for another legitimate reason, the transfer restrictions will be lifted for the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | The Company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted upon expiry of the transfer restriction period or at the time the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | 17 directors of the Company's subsidiaries, excluding outside directors, holding 75,201 shares; 24 executive officers of the Company's subsidiaries, holding 41,114 shares |
| Total Stock-Based Compensation | Total monetary remuneration receivables: ¥148,534,255 |
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 sustained enhancement of the corporate value of the Company's Group and to promote the sharing of profits with shareholders. The Company also took into account the purpose of the system, the scope of responsibilities of each eligible director and other relevant circumstances.