Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
10,713 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.
¥17,419,338
The total number of issued shares will not increase
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 | 10,713 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,626 per share |
| Total issue value | ¥17,419,338 |
| Amount of funds to be raised | Total payment amount: ¥17,419,338 (net proceeds not stated) |
| Payment date | 26 August 2026 |
| Intended allottee | Name 4 directors, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of Shares 6,693 shares, Name 6 executive officers who do not concurrently serve as directors / Number of Shares 4,020 shares |
| Intended allottee's holding policy | During the restricted period, the shares may not be transferred, pledged or otherwise disposed of. The restricted period runs from 26 August 2026 to 25 August 2056. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Total number of issued 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 Standard Market of the Tokyo Stock Exchange on 24 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,626. No discount or premium was stated. |
| Transfer restriction period | 26 August 2026 to 25 August 2056 (30 years) |
| Conditions for lifting transfer restrictions | All of the allocated shares will be released from the restrictions upon expiration of the restricted period, provided that the recipient continuously holds a position as a director or executive officer of the Company during the restricted period. If the recipient leaves office upon expiration of the term, retirement age or for another valid reason, the restrictions will be released in proportion to the period of service. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares allotted under this arrangement for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the restrictions are lifted. |
| Categories and Number of Persons Covered | Category Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of allocated shares 6,693 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 6 / Number of allocated shares 4,020 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims: ¥17,419,338 |
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.In accordance with the restricted stock compensation plan, the Company took into account its business conditions, the scope of responsibilities of each eligible officer and other relevant factors, with the aim of providing medium- to long-term incentives, sharing value with shareholders and further enhancing the motivation of each eligible officer.