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Share Issuance and Disposal7762Citizen Watch Co.,Ltd.Electrical Equipment and Precision Instruments

Notice Concerning the Disposal of Treasury Shares by Third-Party Allotment

In connection with the continuation and partial revision of the performance-linked stock compensation plan for executives, the company resolved to dispose of 449,126 treasury shares through a third-party allotment to the executive compensation BIP trust account. Directors of major group subsidiaries will be added to the eligible participants, in addition to the company's existing directors and other eligible executives.

Worth reading
57In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
0.18
% (dilution rate relative to the total number of issued shares)
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of Treasury Shares Through a Third-Party Allotment

Who receives how much449,126Shares

当社普通株式 449,126株(自己株式)

The Master Trust Bank of Japan, Ltd. (Executive Compensation BIP Trust Account)449,126株

The lower thin line represents the existing number of shares to which these shares will be added.

1株につき1,240円
Total issue value556,916,240Yen
Amount of funds to be raised
払込金額の総額 556,916,240円、差引手取概算額 Not disclosed
Total Stock-Based Compensation
対象期間内に本信託に拠出する信託金の上限額:235百万円(うち当社取締役等の分180百万円)に対象期間の事業年度数を乗じた金額。当初の対象期間は3事業年度で705百万円(うち当社取締役等の分540百万円)。
発行済株式総数

発行済株式総数246,000,000株に対し0.18%、2025年3月31日現在の総議決権個数2,437,340個に対する割合0.18%

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.

Categories and Number of Persons Covered
当社取締役及び執行役員(監査等委員である取締役、社外取締役及び国内非居住者を除く)、対象子会社の取締役(社外取締役及び国内非居住者を除く)。人数・区分別割当株数はNot disclosed。
Payment date
15 December 2025
Basis for determining the amount to be paid
取締役会決議の前営業日(2025年11月21日)の東京証券取引所における終値1,240円。ディスカウント率・プレミアム率は記載なし。
Procedures under the Corporate Code of Conduct
希薄化率は25%未満で支配株主の異動もないため、独立第三者からの意見入手及び株主の意思確認手続は要しない。なお、監査等委員会(3名、うち社外取締役2名)が特に有利な処分価額に該当しない旨の意見を表明。
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of Treasury Shares Through a Third-Party Allotment
Number of shares to be issued or disposed of当社普通株式 449,126株(自己株式)
Issue price and disposal price1株につき1,240円
Total issue value556,916,240円
Amount of funds to be raised払込金額の総額 556,916,240円、差引手取概算額 Not disclosed
Payment date15 December 2025
Intended allotteeName The Master Trust Bank of Japan, Ltd. (Executive Compensation BIP Trust Account) / Number of Shares 449,126株
Dilution Rate発行済株式総数246,000,000株に対し0.18%、2025年3月31日現在の総議決権個数2,437,340個に対する割合0.18%
Total number of issued shares246,000,000株 → Not disclosed
Basis for determining the amount to be paid取締役会決議の前営業日(2025年11月21日)の東京証券取引所における終値1,240円。ディスカウント率・プレミアム率は記載なし。
Categories and Number of Persons Covered当社取締役及び執行役員(監査等委員である取締役、社外取締役及び国内非居住者を除く)、対象子会社の取締役(社外取締役及び国内非居住者を除く)。人数・区分別割当株数はNot disclosed。
Total Stock-Based Compensation対象期間内に本信託に拠出する信託金の上限額:235百万円(うち当社取締役等の分180百万円)に対象期間の事業年度数を乗じた金額。当初の対象期間は3事業年度で705百万円(うち当社取締役等の分540百万円)。
Procedures under the Corporate Code of Conduct希薄化率は25%未満で支配株主の異動もないため、独立第三者からの意見入手及び株主の意思確認手続は要しない。なお、監査等委員会(3名、うち社外取締役2名)が特に有利な処分価額に該当しない旨の意見を表明。
Items this document does not state (15)
Estimated issuance expensesSpecific use of fundsIntended allottee's holding policyExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offeringImpact on Business Performance

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.

中長期的な業績向上と企業価値増大への貢献意識を高めるため、役員向け業績連動型株式報酬制度を継続・一部改定し、その株式交付に充てるため。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Disposal of Treasury Shares by Third-Party Allotment | Citizen Watch Co.,Ltd. (7762) timely disclosure | Komori