Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
41,000 common shares (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.
¥17,220,000
Not applicable (as this is a disposal of treasury shares, the total number of issued shares will not increase)
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 | 41,000 common shares (treasury shares) |
| Issue price and disposal price | ¥420 per share |
| Total issue value | ¥17,220,000 |
| Amount of funds to be raised | Total payment amount of ¥17,220,000 (estimated net proceeds: Not disclosed) |
| Payment date | 16 September 2026 |
| Intended allottee | Category Directors of the Company (excluding outside directors) / Number of Employees 4 / Number of Shares 36,000 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 1 / Number of Shares 5,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 16 September 2026 to 15 September 2029. |
| Dilution Rate | Not applicable (as this is a disposal of treasury 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 shares on the Tokyo Stock Exchange on 25 August 2026, the business day preceding the date of the Board of Directors' resolution, was ¥420. No discount or premium was applied. |
| Transfer restriction period | 3 years (16 September 2026 to 15 September 2029) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted at the end of the transfer restriction period, provided that the recipient continuously holds a position as a director of the Company or its subsidiary, or as an executive officer who does not concurrently serve as a director, throughout the transfer restriction period. If the recipient leaves office or employment upon expiration of the term of office, mandatory retirement or for another legitimate reason, the restrictions will be lifted for the number of shares determined based on the recipient's months of service. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any allocated shares whose restrictions have not been released as of the expiry of the restriction period or the date on which the restrictions are released. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares whose restrictions remain in place after the restrictions are released. |
| Categories and Number of Persons Covered | 4 directors of the Company (excluding outside directors), 36,000 shares; 1 executive officer of the Company who does not concurrently serve as a director, 5,000 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥17,220,000 |
| Impact on Business Performance | The impact of this disposal of treasury shares on financial results is Not disclosed. |
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 an incentive to achieve sustained enhancement of corporate value and promote value sharing with shareholders, as well as to secure talented personnel and enhance the motivation of the eligible directors.