Details of issuance or disposal
Disposal of treasury shares in connection with a performance-linked share compensation plan
200,000 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.
¥278,000,000
0.59% of the total number of issued shares and 0.66% 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 in connection with a performance-linked share compensation plan |
| Number of shares to be issued or disposed of | 200,000 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥1,390 per share |
| Total issue value | ¥278,000,000 |
| Payment date | 4 August 2026 |
| Intended allottee | Sumitomo Mitsui Trust Bank, Limited (Trust Account) (re-trustee: Custody Bank of Japan, Ltd. (Trust Account)), 200,000 shares |
| Intended allottee's holding policy | The shares will be held in trust for delivery to directors who satisfy the beneficiary requirements under the plan. Other holding policies and lock-up arrangements: Not disclosed |
| Dilution Rate | 0.59% of the total number of issued shares and 0.66% of the total number of voting rights |
| Total number of issued shares | 34,057,923 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price on the Tokyo Stock Exchange on 16 July 2026, the business day immediately preceding the date of the Board of Directors’ resolution, was ¥1,390. Discount rate and premium rate: Not disclosed |
| Categories and Number of Persons Covered | Directors who satisfy the beneficiary requirements. Breakdown of the number of individuals and shares allocated: Not disclosed |
| Procedures under the Corporate Code of Conduct | The introduction of the plan was approved at the 99th Annual General Meeting of Shareholders held on 24 June 2016. The trust administrator is an independent third party unaffiliated with the Company or its officers. |
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 clarify the link between directors’ compensation and medium- to long-term performance and share value, and to heighten awareness of contributing to sustainable growth and increased corporate value by sharing with shareholders not only the benefits of a rising share price but also the risks of a declining share price. The number of shares to be disposed of is determined to correspond to the expected number of shares to be delivered, taking into account the directors’ positions, changes in the composition of the group and performance trends.