Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
15,600 shares of the Company's common stock (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 of ¥20,794,800; estimated net proceeds Not disclosed
As this is a disposal of treasury shares, the total number of issued shares will not increase
As this is a disposal of treasury shares and does not increase the total number of issued shares, the dilution rate is Not disclosed
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 | 15,600 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,333 per share |
| Amount of funds to be raised | Total payment amount of ¥20,794,800; estimated net proceeds Not disclosed |
| Payment date | 7 August 2026 |
| Intended allottee | Category 4 of the Company's directors, excluding outside directors / Number of Shares 9,600 shares, Category 6 executive officers of the Company / Number of Shares 6,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged, made subject to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| Dilution Rate | As this is a disposal of treasury shares and does not increase the total number of issued shares, the dilution rate is Not disclosed |
| 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 stock on the Tokyo Stock Exchange on 22 July 2026, which was ¥1,333. No discount or premium applies. |
| Transfer restriction period | From 7 August 2026 until the date on which the recipient ceases to hold any position as a director, executive officer or employee of the Company |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a position as a director, executive officer or employee of the Company through the date of the first annual general meeting of shareholders held after 7 August 2026, all transfer restrictions on all of the allocated shares held by the recipient will be lifted at the end of the period. In the event of resignation or retirement for a valid reason, the restrictions will be lifted in part according to the period of service. In the event of a corporate reorganization or similar event, the restrictions will also be lifted in part subject to certain conditions. |
| Reason for acquisition without consideration | If, without a valid reason, the recipient ceases to hold any position as a director, executive officer or employee of the Company before the day preceding the first annual general meeting of shareholders held after 7 August 2026. If any shares remain subject to transfer restrictions at the end of the period. If the transfer restrictions have not been lifted as of the business day preceding the effective date of a corporate reorganization or similar event. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 4 / Number of allocated shares 9,600 shares, Category The Company's executive officers / Number of Employees 6 / Number of allocated shares 6,000 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥20,794,800. The existing compensation framework is capped at ¥80 million per year. |
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.To provide directors and executive officers with an incentive to sustainably enhance corporate value and promote value sharing with shareholders.