Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
18,400 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.
¥21,215,200
The total number of issued shares will not increase because this is a disposal of treasury shares.
Not applicable (treasury share disposal 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 | 18,400 shares of the company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,153 per share |
| Total issue value | ¥21,215,200 |
| Payment date | 15 July 2026 |
| Intended allottee | Name Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 5 / Number of Shares 14,600 shares, Name The Company's executive officers who do not concurrently serve as directors / Number of Employees 2 / Number of Shares 3,800 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged, made subject to a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of. The transfer restriction period runs from 15 July 2026 to 14 July 2066. |
| Dilution Rate | Not applicable (treasury share disposal 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 stock on the Tokyo Stock Exchange on 22 June 2026, ¥1,153. No discount or premium. |
| Transfer restriction period | 40 years (15 July 2026 to 14 July 2066) |
| Conditions for lifting transfer restrictions | If an eligible recipient remains in the relevant position continuously through the date of the first ensuing annual general meeting of shareholders after 15 July 2026, the transfer restrictions on all of the allocated shares held immediately after the recipient's retirement will be lifted. In the event of retirement for a legitimate reason, the restrictions will be lifted on all or part of the shares in proportion to the number of months served. In the event of a corporate reorganization or similar event, the restrictions will be lifted in proportion to the prescribed number of months. |
| Reason for acquisition without consideration | If an eligible recipient retires without a legitimate reason before the day preceding the date of the first ensuing annual general meeting of shareholders and any shares remain subject to transfer restrictions. If any shares remain subject to transfer restrictions when the transfer restriction period expires. If any shares remain subject to transfer restrictions as a result of a corporate reorganization or similar event. |
| Categories and Number of Persons Covered | 5 directors of the company (excluding directors serving as Audit and Supervisory Committee members and outside directors), 14,600 shares; 2 executive officers who do not concurrently serve as directors, 3,800 shares |
| Total Stock-Based Compensation | Monetary compensation receivables of ¥21,215,200 (within the existing annual compensation limit of ¥40 million) |
| Stock Split Ratio | 2-for-1 common stock split, effective 1 April 2025 |
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 enable directors and executive officers to share with shareholders both the benefits and risks of fluctuations in the share price, and to increase their incentive to contribute to higher share prices and enhanced corporate value.