Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
16,200 common shares of the Company (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.
¥47,061,000
The total number of shares issued will not increase because this is solely a disposal of treasury shares.
Not stated, as this is solely a disposal of treasury shares and 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 | 16,200 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,905 per share |
| Total issue value | ¥47,061,000 |
| Amount of funds to be raised | Total payment amount: ¥47,061,000; estimated net proceeds: not stated |
| Payment date | 15 July 2026 |
| Intended allottee | Name 4 directors of the Company (excluding outside directors) / Number of Shares 10,600 shares, Name 12 full-time executive officers of the Company / Number of Shares 5,600 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the shares may not be transferred, pledged, gifted inter vivos or otherwise disposed of, and will be held and maintained in a dedicated account at Mizuho Securities Co., Ltd. |
| Dilution Rate | Not stated, as this is solely a disposal of treasury shares and does not increase the total number of issued shares |
| Total number of issued shares | The total number of shares issued will not increase because this is solely 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 the business day immediately preceding the Board of Directors meeting, 23 June 2026, was ¥2,905. No discount or premium rate is stated. |
| Transfer restriction period | From the payment date for this disposal until the later of the date on which the recipient ceases to hold any position as a director, audit & supervisory board member or executive officer of the Company, or the date on which the annual securities report for the fiscal year including the payment date is filed (or, in certain cases, the semiannual securities report). |
| Conditions for lifting transfer restrictions | Directors must continuously hold the position of director, audit & supervisory board member or executive officer of the Company from the payment date until the conclusion of the first annual general meeting of shareholders thereafter. Full-time executive officers must continuously hold one of these positions from 1 April 2026 through 31 March 2027. In the event of resignation or retirement for a valid reason, or death, part of the restrictions will be lifted in proportion to the period of service. |
| Reason for acquisition without consideration | If a recipient resigns or retires during the transfer restriction period without a valid reason, or if any shares remain subject to the restrictions when the transfer restrictions are lifted. Shares for which the restrictions are not lifted due to a corporate reorganization or similar event will also be acquired without consideration. |
| Categories and Number of Persons Covered | Category The Company’s directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 10,600 shares, Category Full-time executive officers of the Company / Number of Employees 12 / Number of allocated shares 5,600 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥30,793,000 for the eligible directors and monetary receivables of ¥16,268,000 for the eligible full-time executive officers |
| Impact on Business Performance | This document does not state the specific amount or extent of the impact on financial results. |
Items this document does not state (11)
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 further promote value sharing with shareholders and increase motivation to contribute to the enhancement of corporate value. The purpose is also to achieve sustained improvement in corporate value and value sharing with shareholders over the medium to long term.