Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
4,842 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.
¥11,431,962
The total number of issued shares will not increase because this is a disposal of treasury shares.
As this is a disposal of treasury shares, no dilution rate resulting from an increase in the total number of shares issued has been stated.
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 | 4,842 treasury shares |
| Issue price and disposal price | ¥2,361 per share |
| Total issue value | ¥11,431,962 |
| Payment date | 24 July 2026 |
| Intended allottee | Category 4 of the Company's directors, excluding outside directors / Number of Shares 2,222 shares, Category 10 executive officers of the Company / Number of Shares 2,620 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged, used to establish a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any manner. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| Dilution Rate | As this is a disposal of treasury shares, no dilution rate resulting from an increase in the total number of shares issued has been stated. |
| Total number of issued shares | The total number of issued shares will not increase because this is a 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 25 June 2026, ¥2,361. No discount or premium applies. |
| Transfer restriction period | From 24 July 2026 to 23 July 2029 (3 years) |
| Conditions for lifting transfer restrictions | In principle, the recipient must continuously hold one of the positions of director, chairperson, adviser, consultant or executive officer from the start of the transfer restriction period through the first annual general meeting of shareholders held thereafter. If the recipient leaves the position for a justifiable reason, the restrictions will be lifted in part according to the period of service. |
| Reason for acquisition without consideration | If the recipient leaves an eligible position without a justifiable reason by the day preceding the first annual general meeting of shareholders held thereafter, or if any shares remain subject to restrictions when the transfer restriction period expires. The Company will also acquire without consideration any shares that remain subject to restrictions in the event of a corporate reorganization. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 2,222 shares, Category Executive officers / Number of Employees 10 / Number of allocated shares 2,620 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥11,431,962. The previously approved compensation limit is ¥50 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 enable directors and executive officers to share with shareholders both the benefits and risks of fluctuations in the share price, and to increase their incentive to contribute to higher share prices and enhanced corporate value.