Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
338708
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much338,708Shares
338,708 common shares of the Company (treasury shares)
3 directors of the Company (excluding outside directors and directors serving as Audit and Supervisory Committee members)111,801 shares
3 of the Company's executive officers30,212 shares
40 directors of the Company's subsidiaries196,695 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.
¥239 per share
Total issue value
¥80,951,212
Amount of funds to be raised
Total amount paid: ¥80,951,212. Estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥80,951,212
発行済株式総数
No increase in the total number of issued shares as a result of the disposal of treasury shares
As this is a disposal of treasury shares and the total number of issued shares will not increase, 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.
Conditions on transfer restrictions
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.
Transfer restriction period
17 July 2026–16 July 2056 (30 years)
Conditions for lifting transfer restrictions
The transfer restrictions on all of the allocated shares held at the end of the period will be lifted, provided that the recipient remains continuously in one of the positions of director or executive officer of the Company, or director or Audit & Supervisory Board member of a subsidiary of the Company, through the date of the first annual general meeting of shareholders held after 17 July 2026. If the recipient retires for a valid reason, the restrictions will be lifted on the number of shares corresponding to the number of months in office.
Reason for acquisition without consideration
If, by the day before the date of the first annual general meeting of shareholders held after the start date of the transfer restriction period, the recipient retires from a designated position at the Company or one of its subsidiaries, unless the Board of Directors recognizes a valid reason. Also, if any shares remain subject to transfer restrictions at the end of the period, or if any shares remain subject to transfer restrictions following a corporate reorganization or similar transaction.
Categories and Number of Persons Covered
Category Directors of the Company (excluding outside directors and directors who are Audit & Supervisory Committee members) / Number of Employees 3 / Number of allocated shares 111,801 shares, Category The Company's executive officers / Number of Employees 3 / Number of allocated shares 30,212 shares, Category Directors of subsidiaries of the Company / Number of Employees 40 people / Number of allocated shares 196,695 shares
Intended allottee's holding policy
During the transfer restriction period, the shares may not be transferred to any third party, pledged, made subject to a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of. The transfer restriction period runs from 17 July 2026 to 16 July 2056.
Payment date
17 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 22 June 2026 was ¥239. No discount or premium rate was stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 338,708 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥239 per share |
| Total issue value | ¥80,951,212 |
| Amount of funds to be raised | Total amount paid: ¥80,951,212. Estimated net proceeds: Not disclosed |
| Payment date | 17 July 2026 |
| Intended allottee | Category 3 directors of the Company (excluding outside directors and directors serving as Audit and Supervisory Committee members) / Number of Shares 111,801 shares, Category 3 of the Company's executive officers / Number of Shares 30,212 shares, Category 40 directors of the Company's subsidiaries / Number of Shares 196,695 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged, made subject to a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of. The transfer restriction period runs from 17 July 2026 to 16 July 2056. |
| Dilution Rate | As this is a disposal of treasury shares and the total number of issued shares will not increase, the dilution rate is Not disclosed |
| Total number of issued shares | No increase in the total number of issued shares as a result of the disposal of treasury shares |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 22 June 2026 was ¥239. No discount or premium rate was stated. |
| Transfer restriction period | 17 July 2026–16 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | The transfer restrictions on all of the allocated shares held at the end of the period will be lifted, provided that the recipient remains continuously in one of the positions of director or executive officer of the Company, or director or Audit & Supervisory Board member of a subsidiary of the Company, through the date of the first annual general meeting of shareholders held after 17 July 2026. If the recipient retires for a valid reason, the restrictions will be lifted on the number of shares corresponding to the number of months in office. |
| Reason for acquisition without consideration | If, by the day before the date of the first annual general meeting of shareholders held after the start date of the transfer restriction period, the recipient retires from a designated position at the Company or one of its subsidiaries, unless the Board of Directors recognizes a valid reason. Also, if any shares remain subject to transfer restrictions at the end of the period, or if any shares remain subject to transfer restrictions following a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors and directors who are Audit & Supervisory Committee members) / Number of Employees 3 / Number of allocated shares 111,801 shares, Category The Company's executive officers / Number of Employees 3 / Number of allocated shares 30,212 shares, Category Directors of subsidiaries of the Company / Number of Employees 40 people / Number of allocated shares 196,695 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥80,951,212 |
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance
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 a medium- to long-term incentive to enhance the corporate value of the Group and further align the interests of the eligible recipients with those of shareholders by having them directly hold the Company's shares during their tenure.
How to read this page
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