Details of issuance or disposal
Disposal of treasury shares in connection with restricted stock-based compensation and a Stock Grant ESOP Trust
330,000 common shares (treasury shares)
¥1,479,720,000
0.11% of the 301,362,752 issued shares (0.12% of the 2,838,608 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 in connection with restricted stock-based compensation and a Stock Grant ESOP Trust |
| Number of shares to be issued or disposed of | 330,000 common shares (treasury shares) |
| Issue price and disposal price | ¥4,484 per share |
| Total issue value | ¥1,479,720,000 |
| Payment date | 3 June 2026 |
| Intended allottee | The Master Trust Bank of Japan, Ltd. (ESOP Trust Account for Share Grants) |
| Intended allottee's holding policy | In accordance with the share delivery regulations, the shares will be delivered to employees who meet certain requirements. The disposed shares are not expected to be released onto the stock market all at once. |
| Dilution Rate | 0.11% of the 301,362,752 issued shares (0.12% of the 2,838,608 total voting rights as of 31 March 2026) |
| Total number of issued shares | 301,362,752 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's shares on the Tokyo Stock Exchange on 13 May 2026, the business day preceding the date of the Board of Directors' resolution, was ¥4,484. No discount or premium applies. |
| Categories and Number of Persons Covered | Employees of the Company and its subsidiaries. The breakdown of the number of employees and shares allocated is Not disclosed. |
| Procedures under the Corporate Code of Conduct | Because the dilution rate 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, as stipulated in Article 432 of the Tokyo Stock Exchange Securities Listing Regulations, are not required. |
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 secure the shares expected to be delivered to employees during the trust period in connection with the introduction of a stock-based compensation plan for employees. The allocated shares will be delivered to employees who meet certain requirements, and are not expected to be released onto the market all at once. Accordingly, the Company considers the impact on the trading market to be minor and the number of shares disposed of and the resulting dilution to be reasonable.