Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
2,911 shares of the Company's common stock (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥20,726,320
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 | 2,911 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥7,120 per share |
| Total issue value | ¥20,726,320 |
| Amount of funds to be raised | Total payment amount: ¥20,726,320; estimated net proceeds: not disclosed |
| Payment date | 17 August 2026 |
| Intended allottee | Name 8 directors of the Company (excluding directors who are Audit and Supervisory Committee members) / Number of Shares 2,911 shares |
| Intended allottee's holding policy | From 17 August 2026 until the date on which the recipient ceases to hold the position of director of the Company, the shares may not be transferred, pledged, used to create a transfer security interest, gifted during the donor's lifetime, bequeathed or otherwise disposed of in any manner. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Total number of issued 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 27 July 2026, ¥7,120. No discount or premium. |
| Transfer restriction period | From 17 August 2026 until the date on which the recipient ceases to hold the position of director of the Company |
| Conditions for lifting transfer restrictions | The transfer restrictions on all of the shares allotted will be lifted upon expiration of the restriction period, provided that the recipient has continuously held the position of director of the Company throughout the restriction period. If the recipient ceases to hold the position for a reason deemed justifiable, the number of shares subject to lifting of the restrictions and the timing of such lifting will be reasonably adjusted. |
| Reason for acquisition without consideration | If the recipient ceases to hold the position of director before expiration of the restriction period without a reason deemed justifiable by the Board of Directors. If any shares remain subject to transfer restrictions when the restriction period expires. If any shares remain subject to transfer restrictions after the restrictions have been lifted due to a corporate reorganization or other similar event. |
| Categories and Number of Persons Covered | 8 directors of the Company (excluding directors who are Audit and Supervisory Committee members), 2,911 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims of ¥20,726,320 (the remuneration limit under the scheme is ¥35 million per year) |
Items this document does not state (12)
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 the eligible directors with an incentive to sustainably enhance the Company's corporate value and to promote value sharing with shareholders.