Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
15,000 shares of the Company's common stock (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥3,240,000
As this is a disposal of treasury shares, the total number of issued shares will not increase
As this is a disposal of treasury shares and the total number of shares issued will not increase, Not disclosed
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 | 15,000 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥216 per share |
| Total issue value | ¥3,240,000 |
| Amount of funds to be raised | Total payment amount of ¥3,240,000, estimated net proceeds Not disclosed |
| Payment date | 31 July 2026 |
| Intended allottee | Name 3 employees / Number of Shares 15,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. The transfer restriction periods will be staggered at 5, 10, 15, 20 and 25 years. |
| Dilution Rate | As this is a disposal of treasury shares and the total number of shares issued will not increase, Not disclosed |
| 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 stock on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥216. No discount or premium is stated. |
| Transfer restriction period | Five stages from 31 July 2026 to 31 July 2031, 31 July 2036, 31 July 2041, 31 July 2046 and 31 July 2051, respectively, corresponding to 5, 10, 15, 20 and 25 years |
| Conditions for lifting transfer restrictions | Provided that the eligible employee remains continuously in the position of director, executive officer or employee of the Company or one of its subsidiaries throughout each transfer restriction period, all transfer restrictions on the relevant shares will be lifted on the expiration date of each period. |
| Reason for acquisition without consideration | At the expiration of Transfer Restriction Period E, or immediately after an eligible employee ceases to hold any position as a director, executive officer or employee of the Company or one of its subsidiaries during the transfer restriction period, the Company will acquire without consideration any of the allocated shares whose transfer restrictions have not been lifted. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares whose transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 3 employees, totaling 15,000 shares (5,000 shares per employee) |
| Total Stock-Based Compensation | Total monetary claims of ¥3,240,000 |
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 an incentive for the sustained enhancement of the corporate value of the Company's group and promote value sharing with shareholders. Transfer restrictions will also be imposed to encourage medium- to long-term and continuous employment.