Details of issuance or disposal
Disposal of treasury shares as performance-linked stock compensation
298,000 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.
¥1,515,926,000
As this is a disposal of treasury shares, an increase in the total number of issued shares is Not disclosed
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as performance-linked stock compensation |
| Number of shares to be issued or disposed of | 298,000 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥5,087 per share |
| Total issue value | ¥1,515,926,000 |
| Amount of funds to be raised | Total amount to be paid: ¥1,515,926,000. Estimated net proceeds: Not disclosed |
| Payment date | 13 May 2026 |
| Intended allottee | Category Directors (excluding independent outside directors) / Number of Employees 1 / Number of Shares 24,000 shares, Category Executive Officer / Number of Employees 17 / Number of Shares 156,500 shares, Category Employees holding certain positions / Number of Employees 26 / Number of Shares 76,000 shares, Category Certain directors of the Company's subsidiaries / Number of Employees 8 independent officers / Number of Shares 36,000 shares, Category Employees of the Company's subsidiaries holding certain positions / Number of Employees 2 / Number of Shares 5,500 shares |
| Total number of issued shares | As this is a disposal of treasury shares, an increase in the total number of issued shares is Not disclosed |
| 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 13 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥5,087. No discount or premium applies. Under the plan, the amount is determined based on the higher of the average closing price for the month preceding the month in which the Board of Directors meeting is held and the closing price on the business day preceding the resolution date. |
| Categories and Number of Persons Covered | 1 director: 24,000 shares; 17 executive officers: 156,500 shares; 26 employees holding certain positions: 76,000 shares; 8 certain directors of the Company's subsidiaries: 36,000 shares; 2 employees of the Company's subsidiaries holding certain positions: 5,500 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥1,515,926,000. The maximum amount of monetary compensation receivables related to performance-linked stock compensation plus cash paid as PSUs is ¥1,636,000,000 |
Items this document does not state (17)
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.The purpose is to provide a medium- to long-term incentive and share value with shareholders. The evaluation period will run from fiscal 2023 through fiscal 2025, and the number of shares to be delivered will be determined according to the achievement level of consolidated ROIC for the fiscal year ending December 2025.