Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
33,588 common shares (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥62,910,324
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 | 33,588 common shares (treasury shares) |
| Issue price and disposal price | ¥1,873 per share |
| Total issue value | ¥62,910,324 |
| Payment date | 24 July 2026 |
| Intended allottee | 5 directors of the Company: 33,588 shares (excluding directors who are Audit & Supervisory Committee members and outside directors; includes 1 retiring director) |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. All transfer restrictions will be lifted when the transfer restriction period expires. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| 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, ¥1,873. No discount or premium rate was disclosed. |
| Transfer restriction period | From 24 July 2026 (the payment date) until the date on which the relevant director ceases to hold the position of director of the Company. In certain cases, however, the period will run until the date of submission of the fiscal 2026 semiannual report. |
| Conditions for lifting transfer restrictions | All transfer restrictions on the allocated shares will be lifted when the transfer restriction period expires. In the event of a corporate reorganization or similar transaction, the restrictions may be lifted before the effective date by resolution of the Board of Directors. |
| Reason for acquisition without consideration | If a relevant director violates any law, regulation, internal rule or the allocated share agreement, or falls under any other circumstance specified by the Board of Directors as warranting the Company's acquisition of the allocated shares without consideration. |
| Categories and Number of Persons Covered | 5 directors of the Company: 33,588 shares (excluding directors who are Audit & Supervisory Committee members and outside directors; includes 1 retiring director) |
| Total Stock-Based Compensation | Up to ¥80 million per year (the compensation limit approved at the general meeting of shareholders held on 29 June 2023) |
| Stock Split Ratio | The disclosure states that a share split was conducted on 1 October 2023, but the split ratio is Not disclosed |
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 an incentive to enhance corporate value and promote value sharing with shareholders. The number of shares was also determined based on performance results during the evaluation period.