Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
7,100 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥7,078,700
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 | 7,100 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥997 per share |
| Total issue value | ¥7,078,700 |
| Amount of funds to be raised | Total payment amount: ¥7,078,700; estimated net proceeds: Not disclosed (contribution in kind of monetary compensation claims under the plan) |
| Payment date | 24 July 2026 |
| Intended allottee | Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 5 / Number of Shares 7,100 shares |
| 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 shares on the Tokyo Stock Exchange on 24 June 2026 was ¥997. No discount or premium rate was stated. |
| Transfer restriction period | From 24 July 2026 until the date on which the recipient ceases to hold the position of director of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of director of the Company from 24 July 2026 until the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2027. If the recipient ceases to hold the position due to death or another reason deemed justified by the Company's Board of Directors, the restrictions will be lifted for the number of shares corresponding to the recipient's months of service. In the event of a corporate reorganization or similar transaction, the restrictions will be lifted for the prescribed pro rata number of shares. |
| Reason for acquisition without consideration | At the end of the restriction period or another time specified in the agreement, the Company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 5 directors of the Company, excluding directors who are Audit & Supervisory Committee Members and outside directors, 7,100 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥7,078,700 (within the annual limit of ¥30 million under the plan) |
Items this document does not state (13)
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 the eligible directors with an incentive to achieve sustained growth in the Company's corporate value and to promote value sharing between the eligible directors and shareholders.