Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
12,173 shares of the Company's common stock (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.
Total payment amount: ¥18,381,230; estimated net proceeds: Not disclosed
0.05% (as a percentage of the total number of issued 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 | 12,173 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,510 per share |
| Amount of funds to be raised | Total payment amount: ¥18,381,230; estimated net proceeds: Not disclosed |
| Payment date | 6 August 2026 |
| Intended allottee | Category 4 directors (excluding outside directors) / Number of Shares 10,173 shares, Category 8 executive officers / Number of Shares 2,000 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged, or otherwise disposed of from the payment date until the date on which the recipient ceases to be a director, executive officer, or employee. |
| Dilution Rate | 0.05% (as a percentage of the total number of issued shares) |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 9 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,510. No discount or premium rate was stated. |
| Transfer restriction period | From 6 August 2026 until the date on which the eligible officer ceases to be a director, executive officer, or employee |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of director, executive officer, or employee of the Company throughout the service provision period. If the recipient ceases to hold the position due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be lifted for the number of shares corresponding to the recipient's months of service. |
| Reason for acquisition without consideration | At the end of the restriction period, the Company will automatically acquire without consideration any of the allotted shares for which the restrictions have not been released. |
| Categories and Number of Persons Covered | 4 directors (excluding outside directors): 10,173 shares; 8 executive officers: 2,000 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥18,381,230. The annual compensation limit for directors is ¥60,000 thousand or less. |
| Procedures under the Corporate Code of Conduct | At the 61st Annual General Meeting of Shareholders held on 27 June 2023, shareholders approved the restricted stock compensation plan and the related compensation limits. |
Items this document does not state (13)
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 for the sustained enhancement of the Company's corporate value and to further promote the sharing of value with shareholders.