Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
362,000 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.
¥233,490,000
0.45%
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 | 362,000 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥645 per share |
| Total issue value | ¥233,490,000 |
| Amount of funds to be raised | Total payment amount: ¥233,490,000. Estimated net proceeds: Not disclosed |
| Payment date | 29 July 2026 |
| Intended allottee | Category 2 directors (excluding directors who are Audit & Supervisory Committee members and outside directors) / Number of Shares 256,000 shares, Category 1 director of a subsidiary of the Company / Number of Shares 106,000 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged as collateral or otherwise disposed of from 29 July 2026 until the date on which the recipient ceases to be a director, executive officer or employee of the Company or any of its subsidiaries. |
| Dilution Rate | 0.45% |
| Total number of issued shares | Total number of shares issued as of 31 March 2026: Not disclosed → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 26 June 2025, the business day preceding the date of the Board of Directors’ resolution, was ¥645. Discount/premium rate: Not disclosed |
| Transfer restriction period | From 29 July 2026, the payment date, until the date on which the recipient ceases to be a director, executive officer or employee of the Company or any of its subsidiaries |
| Conditions for lifting transfer restrictions | The transfer restrictions on all of the shares allocated will be lifted upon expiration of the restriction period, provided that the eligible director or other recipient has continuously held a position as a director, executive officer or employee of the Company or any of its subsidiaries throughout the applicable service period. If the recipient retires or leaves the position due to death or another reason deemed legitimate by the Company’s Board of Directors, the restrictions will be lifted for the number of shares corresponding to the recipient’s number of months in office. |
| Reason for acquisition without consideration | At the expiration of the restriction period, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted. |
| 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 2 / Number of allocated shares 256,000 shares, Category Directors of subsidiaries of the Company / Number of Employees 1 / Number of allocated shares 106,000 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥233,490,000. The annual ceiling for total compensation is ¥300 million or less. |
| Stock Split Ratio | A 1-for-2 stock split of common shares. Effective date: 1 January 2026 |
Items this document does not state (11)
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 to sustainably enhance the Group’s corporate value and shareholder value over the medium to long term and promote value sharing with shareholders.