Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
17,000 common shares of the Company (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.
¥43,435,000
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 | 17,000 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,555 per share |
| Total issue value | ¥43,435,000 |
| Payment date | 23 July 2026 |
| Intended allottee | Category Directors of the Company (excluding outside directors and directors who are Audit & Supervisory Committee members) / Number of Employees 3 / Number of Shares 6,300 shares, Category The Company's executive officers / Number of Employees 7 / Number of Shares 5,600 shares, Category Directors of the Company's subsidiaries (excluding outside directors) / Number of Employees 14 / Number of Shares 4,800 shares, Category Executive officers of the Company's subsidiaries / Number of Employees 2 / Number of Shares 300 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the shares may not be transferred to any third party, pledged or made subject to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any manner. The shares will be held and maintained in accounts opened with Tokai Tokyo Securities Co., Ltd. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Total number of issued shares | Not applicable (the total number of issued shares will not increase because this is a disposal of treasury shares) |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥2,555. No discount or premium was applied. |
| Transfer restriction period | 23 July 2026 to 22 July 2029 (3 years) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be lifted in full at the end of the restriction period for the shares held at that time, provided that the holder has continuously held a position as a director, executive officer or employee of the Company or one of its subsidiaries throughout the restriction period. If the holder leaves office or employment for a valid reason, the number of shares released will be calculated by dividing the number of months in service by 36. |
| Reason for acquisition without consideration | If, before the end of the restriction period, the holder leaves office or employment without a valid reason from all positions as a director, executive officer or employee of the Company and its subsidiaries. If any shares remain subject to the transfer restrictions at the end of the restriction period. If any shares remain subject to the transfer restrictions as of the business day immediately preceding the effective date of a corporate reorganization or other similar transaction. |
| Categories and Number of Persons Covered | 3 directors of the Company, 6,300 shares; 7 executive officers of the Company, 5,600 shares; 14 directors of the Company's subsidiaries, 4,800 shares; and 2 executive officers of the Company's subsidiaries, 300 shares |
| Total Stock-Based Compensation | Monetary compensation claims totaling ¥43,435,000. The total amount of monetary compensation claims for the Company's directors is limited to ¥100 million per year. |
| 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 have the allottees share with shareholders both the benefits and risks of share price fluctuations, thereby further increasing their motivation to contribute to share price appreciation and the enhancement of corporate value.