Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
2,738 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.
¥18,508,880
0.003% (the transaction is a disposal of treasury shares and therefore does not increase the total number of issued shares)
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 | 2,738 treasury shares |
| Issue price and disposal price | ¥6,760 per share |
| Total issue value | ¥18,508,880 |
| Amount of funds to be raised | Total payment amount: ¥7,003,360; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Category 3 directors, excluding directors serving as Audit and Supervisory Committee members and outside directors / Number of Shares 1,702 shares, Category 3 executive officers / Number of Shares 444 shares, Category 8 employees with officer-equivalent status / Number of Shares 592 shares |
| Intended allottee's holding policy | From 24 July 2026 until the date on which the recipient retires or resigns as a director, executive officer, employee or other officer or employee of the Company, or, in certain cases, until immediately after the submission of the semi-annual securities report, the shares may not be transferred, pledged or otherwise disposed of. |
| Dilution Rate | 0.003% (the transaction is a disposal of treasury shares and therefore does not increase the total number of issued shares) |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 24 June 2026, ¥6,760. No discount or premium rate was stated. |
| Transfer restriction period | From 24 July 2026 until the date on which the recipient retires or resigns as a director, executive officer, employee or other officer or employee of the Company, or, in certain cases, until immediately after the submission of the semi-annual securities report |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of director, executive officer, employee or other officer or employee of the Company throughout the service period. If the recipient retires or resigns for reasons including death or other reasons deemed justified 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 expiration of the transfer restriction period, the Company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category Directors, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of Employees 3 / Number of allocated shares 1,702 shares, Category Executive officers / Number of Employees 3 / Number of allocated shares 444 shares, Category Employees holding officer-equivalent positions / Number of Employees 8 independent officers / Number of allocated shares 592 shares |
| Total Stock-Based Compensation | Up to ¥50 million per year (separate from the existing cash compensation framework) |
| Procedures under the Corporate Code of Conduct | At the 44th Annual General Meeting of Shareholders held on 26 June 2025, approval was obtained for the introduction of a restricted stock compensation plan and related matters. |
Items this document does not state (12)
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 an incentive to achieve sustained growth in corporate value and further promote value sharing with shareholders.