Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
8,800 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥87,384,000
As this is a disposal of treasury shares, the dilution rate is Not disclosed
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 | 8,800 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥9,930 per share |
| Total issue value | ¥87,384,000 |
| Amount of funds to be raised | As the entire amount of these monetary claims will be contributed in kind, the total payment amount is ¥87,384,000. The estimated net proceeds are Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Name Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of Shares 8,800 shares |
| Dilution Rate | As this is a disposal of treasury shares, the dilution rate 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 24 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥9,930. No discount or premium rate is stated |
| Transfer restriction period | From 24 July 2026 until immediately after the recipient retires or otherwise leaves any position as a director of the Company, an executive officer who does not concurrently serve as a director, an employee or any other equivalent position |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a position as a director of the Company, an executive officer who does not concurrently serve as a director, an employee or any other equivalent position throughout the service period, the transfer restrictions on all of the allocated shares will be lifted upon expiration of the transfer restriction period. If the recipient retires or otherwise leaves the position upon expiration of the term of office, reaching retirement age or for another legitimate reason, the transfer restrictions will be lifted immediately after retirement or departure with respect to the number of shares corresponding to the number of months in office |
| Reason for acquisition without consideration | If the recipient engages in an act violating laws or regulations during the transfer restriction period or falls under any other specified circumstance set forth in the allocation agreement, the Company will acquire all shares held by the recipient without consideration. The Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted at the expiration of the transfer restriction period or at the time the restrictions are lifted |
| Categories and Number of Persons Covered | 4 directors of the Company, excluding directors who are Audit & Supervisory Committee Members and outside directors; 8,800 shares |
| Total Stock-Based Compensation | Total monetary claims of ¥87,384,000 (within the annual compensation limit of ¥90 million) |
Items this document does not state (14)
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 provide incentives for the sustainable improvement of medium- to long-term performance and corporate value, and to strengthen management’s shareholder-focused awareness through the sharing of value with shareholders. In addition, taking into account the Company’s operating conditions, the scope of responsibilities of each eligible director and other relevant circumstances, the purpose this time is to further enhance motivation.