Details of issuance or disposal
Disposal of treasury shares as compensation for officers and employees, including restricted stock compensation and share delivery plans (Board Benefit Trust (BBT))
45,600 common shares (treasury shares)
¥41,040,000
1.01% of the total number of issued shares and 1.04% of the total number of voting rights
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.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as compensation for officers and employees, including restricted stock compensation and share delivery plans (Board Benefit Trust (BBT)) |
| Number of shares to be issued or disposed of | 45,600 common shares (treasury shares) |
| Issue price and disposal price | ¥900 per share |
| Total issue value | ¥41,040,000 |
| Payment date | 25 August 2026 |
| Intended allottee | Japan Custody Bank, Ltd. (Trust E Account) |
| Dilution Rate | 1.01% of the total number of issued shares and 1.04% of the total number of voting rights |
| Total number of issued shares | 4,525,000 shares (as of 31 March 2026) → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution was ¥900. No discount or premium rate was disclosed. |
| Categories and Number of Persons Covered | Directors, excluding outside directors. The breakdown of the number of recipients and shares allocated was Not disclosed. |
| Procedures under the Corporate Code of Conduct | At the 57th Annual General Meeting of Shareholders held on 24 June 2026, the plan was approved as a director compensation plan. |
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.Under the operation of the Board Benefit Trust (BBT), the trust will hold and dispose of the Company's shares and deliver them to directors. The Company explains that the number of shares to be disposed of corresponds to the number of shares expected to be delivered to directors over the five fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2031.