Details of issuance or disposal
Disposal of treasury shares under the restricted stock unit grant plan
53,400 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.
¥35,938,200
As this is a disposal of treasury shares, the total number of issued shares will not increase.
Less than 25% (no change in the controlling shareholder)
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 under the restricted stock unit grant plan |
| Number of shares to be issued or disposed of | 53,400 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥673 per share |
| Total issue value | ¥35,938,200 |
| Amount of funds to be raised | Total payment: ¥35,938,200; estimated net proceeds: Not disclosed |
| Payment date | 18 June 2026 |
| Intended allottee | Name Directors of the Company (excluding directors who are Audit and Supervisory Committee members) / Number of Employees 2 / Number of Shares 20,000 shares, Name Employees of the Company / Number of Employees 1 / Number of Shares 3,000 shares, Name Directors of subsidiaries of the Company / Number of Employees 4 / Number of Shares 24,400 shares, Name Employees of the Company’s subsidiaries / Number of Employees 4 / Number of Shares 6,000 shares |
| Dilution Rate | Less than 25% (no change in the controlling shareholder) |
| 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 shares on the Tokyo Stock Exchange on 26 May 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥673. No discount or premium applies. |
| Transfer restriction period | The vesting date will be the date after the lapse of a 3-year period. |
| Conditions for lifting transfer restrictions | The recipient must continuously hold a position as a director or employee of the Company or one of the Company's wholly owned subsidiaries designated by the Company's Board of Directors throughout the vesting determination period. If the recipient retires or resigns for a legitimate reason, the number of shares to be delivered or the cash amount will be reasonably adjusted as necessary. |
| Categories and Number of Persons Covered | 2 directors of the Company (excluding directors who are Audit and Supervisory Committee members), 20,000 shares; 1 employee of the Company, 3,000 shares; 4 directors of the Company's subsidiaries, 24,400 shares; 4 employees of the Company's subsidiaries, 6,000 shares |
| Total Stock-Based Compensation | The total amount of monetary compensation claims relating to RSUs is capped at ¥100 million per year, excluding the salary portion for employees. RSUs granted to directors are capped at the equivalent of 30,000 shares per fiscal year, adjusted to the equivalent of 60,000 shares due to the stock split. |
| Procedures under the Corporate Code of Conduct | Because the dilution ratio is less than 25% and there will be no change in the controlling shareholder, obtaining an opinion from an independent third party and conducting procedures to confirm shareholders' intentions are not required. |
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.The RSUs granted in May 2023 have vested, and shares will therefore be delivered to the eligible recipients under the program.