Details of issuance or disposal
Disposal of treasury shares as stock compensation
209,700 common shares of the Company (treasury shares)
¥287,918,100
1.54% of the total number of issued shares and 1.68% of the total number of voting rights
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 stock compensation |
| Number of shares to be issued or disposed of | 209,700 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,373 per share |
| Total issue value | ¥287,918,100 |
| Payment date | 21 August 2026 |
| Intended allottee | Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account)) |
| Dilution Rate | 1.54% of the total number of issued shares and 1.68% of the total number of voting rights |
| Total number of issued shares | 13,628,790 shares (as of 31 March 2026) → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company’s shares on the Tokyo Stock Exchange on 4 August 2026, the business day immediately preceding the date of the Board of Directors’ resolution, was ¥1,373. No discount or premium was specified. |
| Transfer restriction period | Until the directors retire from office |
| Categories and Number of Persons Covered | Directors, excluding outside directors. The breakdown of the number of recipients and shares allocated was not disclosed. |
| Procedures under the Corporate Code of Conduct | The plan was approved at the 154th Annual General Meeting of Shareholders held on 25 June 2026. The Company plans to appoint an independent third party unaffiliated with the Company or its officers as trust administrator. |
Items this document does not state (16)
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 clarify the link between directors’ compensation and the Company’s performance and share value, and to raise their awareness of contributing to medium- to long-term performance improvement and growth in corporate value by sharing with shareholders the benefits and risks arising from share price fluctuations. The Company also seeks to provide an incentive to promote sustained growth in corporate value by restricting the transfer of the shares until the directors retire from office.