Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
12,035 common shares (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.
¥30,532,795
No increase, as this is a 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.
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 | 12,035 common shares (treasury shares) |
| Issue price and disposal price | ¥2,537 per share |
| Total issue value | ¥30,532,795 |
| Amount of funds to be raised | Total payment amount: ¥30,532,795; estimated net proceeds: Not disclosed |
| Specific use of funds | As the transaction involves the disposition of treasury shares through an in-kind contribution of compensation receivables, no funds will be received by the Company, and the use of funds is Not disclosed |
| Payment date | 7 August 2026 |
| Intended allottee | Category Directors (excluding part-time outside directors), 4 people / Number of Shares 5,481 shares, Category Audit & Supervisory Board members (excluding part-time outside Audit & Supervisory Board members), 1 person / Number of Shares 666 shares, Category 9 executive officers / Number of Shares 5,888 shares |
| Intended allottee's holding policy | From 7 August 2026 until the date on which the eligible officers retire from all positions as a director, Audit & Supervisory Board member or executive officer of the Company, they may not transfer, create security interests over or otherwise dispose of the shares. |
| 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, as this is a 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 7 July 2026, ¥2,537. No discount or premium rate is stated. |
| Transfer restriction period | From 7 August 2026 until the date on which the eligible officers retire from all positions as a director, Audit & Supervisory Board member or executive officer of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of director, Audit & Supervisory Board member or executive officer of the Company during the service provision period from the date of the Company's annual general meeting of shareholders immediately preceding the payment date through the date of the Company's annual general meeting of shareholders held in the following year. In the event of retirement due to death or another reason deemed legitimate by the Board of Directors, the restrictions will be partially lifted in proportion to the number of months in office. |
| Reason for acquisition without consideration | At the end of the transfer restriction period, the Company will automatically acquire without consideration any shares allocated under the plan for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category Directors (excluding part-time outside directors) / Number of Employees 4 / Number of allocated shares 5,481 shares, Category Audit & Supervisory Board members (excluding part-time outside Audit & Supervisory Board members) / Number of Employees 1 / Number of allocated shares 666 shares, Category Executive officers / Number of Employees 9 / Number of allocated shares 5,888 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥30,532,795 |
| Impact on Business Performance | Impact on financial results: Not disclosed |
Items this document does not state (10)
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 purpose is to provide incentives for the sustained enhancement of corporate value and to promote value sharing with shareholders. For Audit & Supervisory Board members, the purpose also includes providing incentives to prevent damage to corporate value and maintain the Company's credibility.