Details of issuance or disposal
Disposal of Treasury Shares Through a Third-Party Allotment
116,500 common shares (65,800 shares to the Stock Grant ESOP Trust Account and 50,700 shares to the Employee Stock Ownership ESOP Trust Account)
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.
¥511,435,000
2.19% of total shares issued and outstanding and 2.33% of total 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 Through a Third-Party Allotment |
| Number of shares to be issued or disposed of | 116,500 common shares (65,800 shares to the Stock Grant ESOP Trust Account and 50,700 shares to the Employee Stock Ownership ESOP Trust Account) |
| Issue price and disposal price | ¥4,390 per share |
| Total issue value | ¥511,435,000 |
| Payment date | 4 June 2026 |
| Intended allottee | Name The Master Trust Bank of Japan, Ltd. (ESOP Trust Account for Share Grants) / Number of Shares 65,800 shares, Name The Master Trust Bank of Japan, Ltd. (employee shareholding ESOP trust account) / Number of Shares 50,700 shares |
| Intended allottee's holding policy | The Stock Grant ESOP Trust will deliver shares to employees who satisfy certain requirements in accordance with the Share Delivery Regulations. The Employee Stock Ownership ESOP Trust will sell shares to the company’s employee stock ownership association on a designated day each month. |
| Dilution Rate | 2.19% of total shares issued and outstanding and 2.33% of total voting rights |
| Total number of issued shares | 5,325,600 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price of ¥4,390 on the Tokyo Stock Exchange on 11 May 2026. As this was the market price immediately before the Board of Directors’ resolution, it was determined to be highly objective and reasonable. No discount or premium rate was disclosed. |
| Procedures under the Corporate Code of Conduct | Because the dilution rate is below 25% and there will be no change in the controlling shareholder, it is not necessary to obtain an opinion from an independent third party or conduct procedures to confirm shareholder intent. The Audit and Supervisory Committee stated its opinion that the disposal price is reasonable, does not constitute a particularly favorable disposal price, and is lawful. |
Items this document does not state (17)
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 enhance employees’ motivation and morale to improve performance over the medium to long term and thereby increase corporate value. In addition, because the shares are not expected to enter the market all at once and the impact on the stock market is expected to be limited, the company has determined that the number of shares to be disposed of and the scale of the dilution are reasonable.