Details of issuance or disposal
Disposal of treasury shares as stock-based compensation for officers and employees
90,000 shares of common stock held as 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.
Total payment amount: ¥231,120,000; estimated net proceeds: Not disclosed
0.47% of the total number of issued shares and 0.49% of the 185,478 total voting rights 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.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as stock-based compensation for officers and employees |
| Number of shares to be issued or disposed of | 90,000 shares of common stock held as treasury shares |
| Issue price and disposal price | ¥2,568 per share |
| Amount of funds to be raised | Total payment amount: ¥231,120,000; estimated net proceeds: Not disclosed |
| Payment date | 20 August 2026 |
| Intended allottee | Name The Master Trust Bank of Japan, Ltd. (Executive Compensation BIP Trust Account) / Number of Shares 43,000 shares, Name The Master Trust Bank of Japan, Ltd. (ESOP Trust Account for Share Grants) / Number of Shares 47,000 shares |
| Intended allottee's holding policy | The Company's shares allocated through this disposal of treasury shares will be delivered to directors and other eligible personnel in accordance with the share delivery rules. The shares are not expected to enter the stock market all at once. |
| Dilution Rate | 0.47% of the total number of issued shares and 0.49% of the 185,478 total voting rights as of 31 March 2026 |
| Basis for determining the amount to be paid | The closing price of the Company's shares on the Tokyo Stock Exchange on 30 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,568. No discount or premium applies. |
| Categories and Number of Persons Covered | Directors, excluding directors who are Audit and Supervisory Committee members, outside directors and non-residents of Japan, and employees, excluding non-residents of Japan. The number of recipients and the number of shares allocated by category are Not disclosed |
| Procedures under the Corporate Code of Conduct | As 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. |
| Most recent equity financing | Timing 25 May 2017 / Type Introduction of a Performance-Linked Stock Compensation Scheme for Officers / Amount Not disclosed, Timing 1 March 2021 / Type Introduction of a Performance-Linked Share Grant Scheme for Employees / Amount Not disclosed, Timing 15 May 2026 / Type Continuation and partial revision of the performance-linked stock compensation plan for directors and other officers / Amount Not disclosed |
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 further enhance the motivation of directors and other eligible personnel to contribute to the Company's sustained improvement in performance and growth in corporate value over the medium to long term.