Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
16,300 shares of the Company's common stock (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.
¥6,894,900
The total number of issued shares will not increase because this is a disposal of treasury shares.
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 | 16,300 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥423 per share |
| Total issue value | ¥6,894,900 |
| Amount of funds to be raised | Total payment amount: ¥6,894,900; estimated net proceeds: Not disclosed |
| Payment date | 3 August 2026 |
| Intended allottee | Name 3 directors of the Company (excluding outside directors) / Number of Shares 12,700 shares, Name 2 of the Company's Senior Executive Officers / Number of Shares 3,600 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| 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 stock on the Tokyo Stock Exchange on 16 July 2026 was ¥423. No discount or premium is stated. |
| Transfer restriction period | From 3 August 2026 until the date on which the recipient ceases to hold any position as a director, senior executive officer or employee of the Company |
| Conditions for lifting transfer restrictions | The transfer restrictions will be lifted at the end of the period for all of the allocated shares held by the recipient, provided that the recipient continuously holds either the position of director or senior executive officer of the Company through the date of the first annual general meeting of shareholders held after 3 August 2026. If the recipient ceases to hold the position for a legitimate reason, the restrictions will be lifted in proportion to the number of months in office. |
| Reason for acquisition without consideration | If the recipient ceases to hold both the position of director and the position of senior executive officer before the day preceding the first annual general meeting of shareholders held after 3 August 2026, unless the Board of Directors recognizes that there is a legitimate reason. The Company will also acquire without consideration any shares whose transfer restrictions have not been lifted at the end of the period and any shares whose transfer restrictions have not been lifted in connection with a corporate reorganization or other similar event. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 12,700 shares, Category Senior Executive Officers of the Company / Number of Employees 2 / Number of allocated shares 3,600 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥6,894,900 (previously approved compensation limit: no more than ¥16,000 thousand per year) |
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.The purpose is to enable the directors and senior executive officers to share with shareholders both the benefits and risks of share price fluctuations and to increase their motivation to contribute to an increase in the share price and enhancement of corporate value.