Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
7,500 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.
¥23,887,500
The total number of issued shares will not increase because this is a disposal of treasury shares.
Not applicable (disposal of treasury shares only)
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 | 7,500 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥3,185 per share |
| Total issue value | ¥23,887,500 |
| Amount of funds to be raised | As the shares will be paid for through an in-kind contribution of monetary compensation receivables, the total payment amount is ¥23,887,500 and the estimated net proceeds are Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Name 3 directors, excluding directors serving as Audit and Supervisory Committee members and outside directors / Number of Shares 6,500 shares, Name 1 executive officer under a delegation mandate who does not concurrently serve as a director / Number of Shares 1,000 shares |
| Intended allottee's holding policy | As a general rule, the recipient may not transfer the shares, create security interests over them or otherwise dispose of them from the disposal date until the recipient retires or leaves office or employment from any position as a director, Audit & Supervisory Board member, executive officer or employee of the Company Group. |
| Dilution Rate | Not applicable (disposal of treasury shares only) |
| Total number of issued shares | 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 Prime Market on 26 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥3,185. No discount or premium was applied. |
| Transfer restriction period | From 24 July 2026 until the recipient retires or leaves office or employment from any position as a director, Audit & Supervisory Board member, executive officer or employee of the Company Group (provided that, in certain cases, until the end of the period extending beyond 3 months after the end of the fiscal year in which the disposal date falls) |
| Conditions for lifting transfer restrictions | As a general rule, provided that the recipient continuously holds one of the positions of director, Audit & Supervisory Board member, executive officer or employee of the Company Group during the service period, the transfer restrictions on all shares will be lifted upon expiry of the applicable transfer restriction period. In the event of death, mid-term retirement for a valid reason or similar circumstances, the restrictions will be lifted in part in proportion to the number of months in office. |
| Reason for acquisition without consideration | If it is determined that the recipient will retire or leave office or employment from a position as an officer or employee of the Company Group for a reason other than death, expiration of the term of office, reaching the retirement age or another valid reason, if any other event specified in the allotment agreement occurs, or if any shares remain subject to the transfer restrictions. |
| Categories and Number of Persons Covered | Category Directors, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of Employees 3 / Number of allocated shares 6,500 shares, Category Mandate-based executive officers who do not concurrently serve as directors / Number of Employees 1 / Number of allocated shares 1,000 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥23,887,500. The total monetary compensation receivables for the eligible directors are capped at ¥50,000 thousand per year. |
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 increase the recipients’ motivation to contribute to the sustained enhancement of corporate value and enable value sharing with shareholders over as long a period as possible. The Company also took into account its performance, the scope of each recipient’s responsibilities and other relevant factors.