Details of issuance or disposal
Disposal of treasury shares in connection with the introduction of a stock-based compensation plan
115,000 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥73,140,000
0.36% (as a percentage of the total number of issued shares as of 31 May 2026), and 0.37% (as a percentage of the total number of voting rights as of the same date)
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 in connection with the introduction of a stock-based compensation plan |
| Number of shares to be issued or disposed of | 115,000 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥636 per share |
| Total issue value | ¥73,140,000 |
| Payment date | 23 October 2026 |
| Intended allottee | Name Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account)) / Number of Shares 115,000 shares |
| Intended allottee's holding policy | The shares will be held in a trust established for the introduction of this plan and delivered to beneficiaries in accordance with the Share Delivery Regulations. The trust period is scheduled to run from 23 October 2026 to the end of October 2030. |
| Dilution Rate | 0.36% (as a percentage of the total number of issued shares as of 31 May 2026), and 0.37% (as a percentage of the total number of voting rights as of the same date) |
| Total number of issued shares | 31,554,629 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price on the Tokyo Stock Exchange on 6 October 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥636. No discount or premium rate was stated. |
| Transfer restriction period | Until retirement from office |
| Categories and Number of Persons Covered | The Company's directors (excluding directors who are Audit and Supervisory Committee members and outside directors) and executive officers. The number of shares allocated by category and number of people is Not disclosed. |
| Procedures under the Corporate Code of Conduct | At the 81st Annual General Meeting of Shareholders held on 27 August 2026, a resolution was approved to introduce the plan for the Company's directors. A trust administrator independent of the Company and its officers is scheduled to be selected. |
| Impact on Business Performance | The Company believes that this plan will contribute to increasing its corporate value over the medium to long term. The Company considers that the impact of this disposal of treasury shares on the secondary market will be immaterial. |
Items this document does not state (14)
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 clarify the link between the compensation of directors and other eligible officers and shareholder value, and to share with shareholders the benefits and risks arising from share price movements, thereby raising awareness of improving performance and increasing corporate value over the medium to long term. Also, to provide an incentive to achieve sustained growth in corporate value by restricting transfers until retirement from office.