Details of issuance or disposal
Disposal of treasury shares in connection with the introduction of Stock Benefit Trust (J-ESOP)
208,100 common shares (treasury shares)
4.60% of the total number of issued shares and 4.74% 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 in connection with the introduction of Stock Benefit Trust (J-ESOP) |
| Number of shares to be issued or disposed of | 208,100 common shares (treasury shares) |
| Issue price and disposal price | ¥900 per share |
| Payment date | 25 August 2026 |
| Intended allottee | Japan Custody Bank, Ltd. (Trust E Account) |
| Intended allottee's holding policy | The shares will be held and disposed of for the purpose of providing benefits to employees under the plan. |
| Dilution Rate | 4.60% of the total number of issued shares and 4.74% of the total number of voting rights |
| Total number of issued shares | 4,525,000 shares → 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. The discount or premium rate is not disclosed. |
| Categories and Number of Persons Covered | Employees of the Company who meet certain requirements (the number of employees and shares allocated are not disclosed) |
Items this document does not state (18)
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 strengthen the linkage between the share price and business performance and employee compensation, and to share the resulting economic benefits with shareholders, thereby increasing employees’ motivation and morale to improve the share price and business performance. In addition, the trust will hold and dispose of the Company’s shares in operating the plan.