Details of issuance or disposal
Disposal of treasury shares in connection with the Stock Benefit Trust (J-ESOP and J-ESOP-RS)
Treasury shares: 480,000 common shares
The lower thin line represents the existing number of shares to which these shares will be added.
Total payment amount: ¥1,471,200,000; estimated net proceeds: Not disclosed
0.35% of total shares issued and 0.36% of total 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 Stock Benefit Trust (J-ESOP and J-ESOP-RS) |
| Number of shares to be issued or disposed of | Treasury shares: 480,000 common shares |
| Issue price and disposal price | ¥3,065 per share |
| Amount of funds to be raised | Total payment amount: ¥1,471,200,000; estimated net proceeds: Not disclosed |
| Specific use of funds | Details Additional contribution to the trust so that it can acquire the shares expected to be required for future benefits as the plan continues / Amount ¥1,471,200,000 / Scheduled timing of expenditures 6 August 2026 |
| Payment date | 6 August 2026 |
| Intended allottee | Name Japan Custody Bank, Ltd. (Trust E Account) / Number of Shares 480,000 shares |
| Intended allottee's holding policy | The trust will acquire, hold and dispose of the Company's shares in order to provide benefits to employees and other eligible recipients under the program. |
| Dilution Rate | 0.35% of total shares issued and 0.36% of total voting rights |
| Total number of issued shares | 137,743,580 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 ¥3,065. The discount rate and premium rate are Not disclosed. |
| Categories and Number of Persons Covered | The Company's employees and the directors and employees of the Company's subsidiaries. Number of eligible recipients: Not disclosed. |
| Most recent equity financing | Timing 19 May 2014 / Type Introduction of the stock-delivery trust (J-ESOP) / Amount Not disclosed, Timing 16 March 2026 / Type Introduction of the Stock Benefit Trust (J-ESOP-RS) / Amount Not disclosed |
Items this document does not state (15)
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.The trust will acquire the shares expected to be necessary for future benefits in order to continue the program. The number of shares corresponds to the shares expected to be delivered to employees and other eligible recipients over the 5 fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2031, and the Company determined that the resulting dilution was reasonable in light of the purpose of the program.