Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Directors 64,001 common shares / Executive officers 16,503 common shares / Total 80,504 common 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.
Directors ¥110,433,725 / Executive officers ¥28,475,926 / Total ¥138,909,651
0.04% (percentage of total shares outstanding as of 31 March 2026)
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 | Directors 64,001 common shares / Executive officers 16,503 common shares / Total 80,504 common shares |
| Issue price and disposal price | ¥1,725.5 per share |
| Total issue value | Directors ¥110,433,725 / Executive officers ¥28,475,926 / Total ¥138,909,651 |
| Amount of funds to be raised | No monetary payment or contribution of property is required for the directors' portion. For the executive officers' portion, monetary compensation receivables totaling ¥28,475,926 will be contributed in kind. The approximate net proceeds are Not disclosed |
| Payment date | 24 July 2026 (the allotment date for directors, and the payment date and property contribution date for executive officers) |
| Intended allottee | Category 4 directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Shares 64,001 shares, Category 5 executive officers / Number of Shares 16,503 shares |
| Intended allottee's holding policy | From 24 July 2026 until the date on which each of the Company's directors and executive officers retires, the shares may not be transferred, pledged, or otherwise disposed of. |
| Dilution Rate | 0.04% (percentage of total shares outstanding as of 31 March 2026) |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of shares outstanding will not increase. The specific numbers of shares before and after the disposal are Not disclosed |
| 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, the business day preceding the date of the Board of Directors' resolution, was ¥1,725.5. The discount rate and premium rate are Not disclosed |
| Transfer restriction period | From 24 July 2026 until the date on which each of the Company's directors and executive officers retires |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon retirement, provided that the recipient has continuously held the position of either director or executive officer of the Company during the service provision period from the date of the annual general meeting of shareholders immediately preceding 24 July 2026 through the date of the following year's annual general meeting of shareholders. If the recipient retires due to death or another reason deemed justifiable by the Company, the restrictions will be lifted for the number of shares corresponding to the recipient's 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 allotted shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category Directors / Number of Employees 4 / Number of allocated shares 64,001 shares, Category Executive officers / Number of Employees 5 / Number of allocated shares 16,503 shares |
| Total Stock-Based Compensation | Monetary compensation receivables totaling ¥28,475,926 for executive officers. The amount of monetary compensation receivables for directors is Not applicable |
| Stock Split Ratio | 2 shares for each share, effective 1 April 2025 (disclosure concerning the adjustment of the historical plan limit) |
Items this document does not state (11)
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 incentives for the sustainable enhancement of the Company's corporate value and shareholder value over the medium to long term, and to promote value sharing with shareholders.