Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
60,340 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.
¥227,783,500
0.31% (based on 19,553,337 issued shares excluding treasury shares as of 30 June 2026)
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 | 60,340 treasury shares |
| Issue price and disposal price | ¥3,775 per share |
| Total issue value | ¥227,783,500 |
| Payment date | 5 August 2026 |
| Intended allottee | Category 7 directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Shares 29,000 shares, Category 9 executive officers of the Company / Number of Shares 9,500 shares, Category 92 employees of the company / Number of Shares 21,840 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the shares may not be transferred to third parties, pledged, used to create a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any manner. The shares will be held and maintained in accounts opened with SMBC Nikko Securities Inc. |
| Dilution Rate | 0.31% (based on 19,553,337 issued shares excluding treasury shares as of 30 June 2026) |
| Basis for determining the amount to be paid | The closing price of the company's common shares on the Tokyo Stock Exchange on 9 July 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥3,775. No discount or premium applies. |
| Transfer restriction period | From 5 August 2026 until the date on which the allotment recipients cease to hold any position as a director, executive officer or employee of the company |
| Conditions for lifting transfer restrictions | The allotment recipient must continuously hold a position as a director, executive officer or employee of the company from 5 August 2026 through the date of the first annual general meeting of shareholders held thereafter. In the event of a departure or retirement for a legitimate reason, the restrictions will be lifted in proportion to the number of months of service or employment. If an executive officer or employee departs or retires upon expiration of their term or upon reaching the mandatory retirement age, all restrictions will be lifted. |
| Reason for acquisition without consideration | If the allotment recipient departs or retires without a legitimate reason before the day preceding the first annual general meeting of shareholders held thereafter. If any shares remain subject to transfer restrictions when the transfer restriction period expires. If any shares remain subject to transfer restrictions and those restrictions are not lifted due to a corporate reorganization or other similar event. |
| Categories and Number of Persons Covered | Category Directors (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 7 / Number of allocated shares 29,000 shares, Category Executive officers / Number of Employees 9 / Number of allocated shares 9,500 shares, Category Employees / Number of Employees 92 / Number of allocated shares 21,840 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥227,783,500. The annual cap on monetary compensation receivables under the plan for eligible directors is ¥160 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 share the benefits and risks of share price fluctuations with shareholders and increase recipients’ motivation to contribute to higher share prices and enhanced corporate value.