Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
3,000 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥6,681,000
As this is a disposal of treasury shares, the total number of issued shares will not increase
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 | 3,000 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,227 per share |
| Total issue value | ¥6,681,000 |
| Amount of funds to be raised | Total amount of monetary claims: ¥6,681,000 (as the shares are contributed in kind, the estimated net proceeds are Not disclosed) |
| Payment date | 28 July 2026 |
| Intended allottee | 5 directors (excluding outside directors), 3,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged as collateral or otherwise disposed of. The transfer restriction period runs from 28 July 2026 to 27 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 | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 26 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,227. No discount or premium rate is stated. |
| Transfer restriction period | 30 years, from 28 July 2026 to 27 July 2056 |
| Conditions for lifting transfer restrictions | Provided that an eligible director continuously remains a director of the Company throughout the transfer restriction period, all transfer restrictions will be lifted upon expiration of the transfer restriction period. If the director leaves office due to the expiration of the term of office or another legitimate reason, some or all of the transfer restrictions will be lifted based on a prescribed calculation. |
| Reason for acquisition without consideration | The Company will automatically acquire for no consideration any of the allocated shares for which the transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | 5 directors (excluding outside directors), 3,000 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥6,681,000. The annual compensation limit under this plan is no more than ¥80,000 thousand. |
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 the eligible directors with an incentive to sustainably enhance corporate value and promote value sharing with shareholders. The purpose is also to further increase the motivation of each eligible director.