Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
36,600 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.
¥73,090,200
As this is a disposal of treasury shares, the total number of issued shares will not increase
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 | 36,600 common shares of the company (treasury shares) |
| Issue price and disposal price | ¥1,997 per share |
| Total issue value | ¥73,090,200 |
| Amount of funds to be raised | Total payment amount: ¥73,090,200; estimated net proceeds: Not disclosed |
| Payment date | 5 October 2026 |
| Intended allottee | Category The Company's directors (limited to executive directors who are not outside directors) / Number of Employees 3 / Number of Shares 4,900 shares, Category The Company's executive officers (including those treated as executive officers) / Number of Employees 10 / Number of Shares 14,000 shares, Category Employees of the Company / Number of Employees 24 / Number of Shares 17,700 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a security interest, gifted during the holder’s lifetime, bequeathed or otherwise disposed of. The transfer restriction period runs from 5 October 2026 to 4 October 2076. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| 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 9 September 2026 was ¥1,997. No discount or premium rate was disclosed. |
| Transfer restriction period | 5 October 2026 to 4 October 2076 (50 years) |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of director, executive officer or employee of the company from 5 October 2026 until the date of the first annual general meeting of shareholders held thereafter. If the recipient resigns or retires for a valid reason, the restrictions will be partially lifted in proportion to the period of service. |
| Reason for acquisition without consideration | If the recipient leaves the position of director, executive officer or employee without a valid reason by the day before the first annual general meeting of shareholders held thereafter. If the restrictions have not been lifted when the transfer restriction period expires. If the recipient leaves the position of director, executive officer or employee in connection with a corporate reorganisation or similar event and the restrictions have not been lifted. |
| Categories and Number of Persons Covered | 3 directors, 4,900 shares, 10 executive officers (including those with executive officer status), 14,000 shares, 24 employees, 17,700 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥73,090,200. Existing compensation framework: no more than ¥200 million per year. |
| Stock Split Ratio | 2 shares for every 1 common share; effective date: 1 March 2026 |
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 increase recipients’ motivation to contribute to a rise in the share price and the company’s medium- to long-term corporate value, and to share with shareholders the benefits and risks of share price fluctuations in light of improved governance.