Details of issuance or disposal
Disposal of treasury shares through a third-party allotment (stock grant through the employee shareholding association)
53,500 shares of the Company's common stock (maximum; the actual number of shares will be determined based on the number of eligible members)
The lower thin line represents the existing number of shares to which these shares will be added.
¥189,229,500 (maximum; the actual total will be determined based on the number of eligible members)
0.024% of the total number of issued shares and 0.025% of the total number of voting rights
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 through a third-party allotment (stock grant through the employee shareholding association) |
| Number of shares to be issued or disposed of | 53,500 shares of the Company's common stock (maximum; the actual number of shares will be determined based on the number of eligible members) |
| Issue price and disposal price | ¥3,537 per share |
| Total issue value | ¥189,229,500 (maximum; the actual total will be determined based on the number of eligible members) |
| Amount of funds to be raised | Total payment amount of ¥189,229,500 (maximum), estimated net proceeds Not disclosed |
| Payment date | 20 November 2026 |
| Intended allottee | Sanwa Holdings Corporation Employee Stock Ownership Association, 53,500 shares (maximum) |
| Dilution Rate | 0.024% of the total number of issued shares and 0.025% of the total number of voting rights |
| Total number of issued shares | 221,000,000 shares (as of 30 September 2025) → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Prime Market on 31 March 2026, ¥3,537. This represents a discount of 5.36% to the one-month average of ¥3,737, 9.24% to the three-month average of ¥3,897, and 11.60% to the six-month average of ¥4,001. |
| Categories and Number of Persons Covered | Up to 5,350 eligible employees of the Company and its subsidiaries. 10 shares will be allotted to each eligible member. |
| Procedures under the Corporate Code of Conduct | As the dilution ratio is below 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and procedures to confirm shareholders' intentions are not required. |
| Impact on Business Performance | The Company believes that this will contribute to an increase in the corporate value of the Group. |
Items this document does not state (15)
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 employees with an incentive to achieve sustained growth in the corporate value of the Group in light of the Company's 70th anniversary, and to promote the sharing of value with shareholders.