Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
30,300 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.
¥12,150,300
No increase because this is a disposal of treasury shares
No dilution, as this is a disposal of treasury shares and the total number of issued shares will not increase
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 | 30,300 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥401 per share |
| Total issue value | ¥12,150,300 |
| Amount of funds to be raised | Total payment amount: ¥12,150,300; estimated net proceeds: not disclosed |
| Payment date | 22 May 2026 |
| Intended allottee | 3 directors of the Company, excluding outside directors; 30,300 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged, or otherwise disposed of from 22 May 2026 through 21 May 2029. |
| Dilution Rate | No dilution, as this is a disposal of treasury shares and the total number of issued shares will not increase |
| Total number of issued shares | No 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 stock on the Tokyo Stock Exchange on 23 April 2026 was ¥401. No discount or premium rate is stated. |
| Transfer restriction period | From 22 May 2026 through 21 May 2029 (approximately 3 years) |
| Conditions for lifting transfer restrictions | All of the allocated shares will be released from the transfer restrictions upon expiration of the restriction period, provided that the eligible director has continuously held a position as a director, audit & supervisory board member, executive officer or employee of the Company or one of its subsidiaries throughout the restriction period. If the eligible director retires or leaves employment due to death or another reason deemed legitimate by the Company's Board of Directors, the restrictions will be released for the number of shares corresponding to the number of months of service. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been released. |
| Categories and Number of Persons Covered | 3 directors of the Company, excluding outside directors; 30,300 shares |
| Total Stock-Based Compensation | Total monetary remuneration receivables: ¥12,150,300 |
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 Company's corporate value and to further promote the sharing of value with shareholders.