Details of issuance or disposal
Disposal of treasury shares in connection with the introduction of a stock compensation plan for management-level employees
82,800 common shares of the Company (treasury shares)
¥201,783,600
0.14% of the total number of issued shares and 0.15% of the total number of voting rights
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.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares in connection with the introduction of a stock compensation plan for management-level employees |
| Number of shares to be issued or disposed of | 82,800 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,437 per share |
| Total issue value | ¥201,783,600 |
| Amount of funds to be raised | Total payment amount: ¥201,783,600; estimated net proceeds: Not disclosed |
| Payment date | 15 May 2026 |
| Intended allottee | Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account)) |
| Intended allottee's holding policy | The shares will be held as a trust for delivery to management-level employees who meet the beneficiary requirements during the trust period under this plan. |
| Dilution Rate | 0.14% of the total number of issued shares and 0.15% of the total number of voting rights |
| Total number of issued shares | 60,042,592 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price of ¥2,437 on the Tokyo Stock Exchange on 28 April 2026, the business day immediately preceding the date of the Board of Directors’ resolution. The discount rate and premium rate are Not disclosed. |
| Categories and Number of Persons Covered | Management-level employees. The breakdown by category of the number of employees and shares allocated is Not disclosed. |
| Procedures under the Corporate Code of Conduct | The Company plans to appoint an independent third party, independent of the Company and its officers, as trustee administrator. |
Items this document does not state (15)
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.The purpose is to increase management-level employees’ sense of belonging and participation in management, and to heighten their awareness of business performance and share price appreciation, thereby improving engagement and enhancing corporate value over the medium to long term. The Company has determined that the number of shares to be disposed of and the resulting dilution are reasonable, and that the impact on the trading market will be minor.