Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
25,800 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.
¥62,874,600
No increase (disposal of treasury shares)
As this is a disposal of treasury shares, the total number of issued shares will not increase
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 | 25,800 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,437 per share |
| Total issue value | ¥62,874,600 |
| Amount of funds to be raised | Total payment amount: ¥62,874,600; estimated net proceeds: not applicable (contribution in kind of monetary compensation claims granted to the eligible recipients) |
| Payment date | 18 May 2026 |
| Intended allottee | Category Directors of the Company (excluding outside directors) / Number of Employees 5 / Number of Shares 17,700 shares, Category The Company's executive officers / Number of Employees 10 / Number of Shares 8,100 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged, made subject to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| Dilution Rate | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Total number of issued shares | No increase (disposal of treasury shares) |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 28 April 2026, ¥2,437. No discount or premium rate is stated. |
| Transfer restriction period | From the date on which the restricted shares are delivered until the date on which the recipient retires from all positions as a director, executive officer or other equivalent position of the Company |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a position as a director, executive officer or other equivalent position of the Company throughout the service period, all of the shares allocated under this arrangement will be released from the transfer restrictions when the restriction period expires. If the recipient retires for a justifiable reason, the restrictions will be lifted on the number of shares determined according to the period of service and other relevant factors. |
| Reason for acquisition without consideration | If the recipient retires before the end of the service period without a justifiable reason, or if any shares remain subject to transfer restrictions when the restriction period expires. This also includes cases in which shares remain subject to transfer restrictions after the restrictions are lifted as a result of a reorganization or other similar event. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 5 / Number of allocated shares 17,700 shares, Category The Company's executive officers / Number of Employees 10 / Number of allocated shares 8,100 shares |
| Total Stock-Based Compensation | Monetary compensation claims totaling ¥62,874,600 |
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 and other recipients with an incentive to achieve sustained improvement in long-term performance and corporate value, and to further promote the sharing of value with shareholders.