Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
6,602 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.
¥13,738,762
The total number of issued shares will not increase because this is a disposal of treasury shares.
Not applicable (disposal of treasury 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 | 6,602 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,081 per share |
| Total issue value | ¥13,738,762 |
| Amount of funds to be raised | Total amount paid: ¥13,738,762; approximate net proceeds: Not disclosed (in-kind contribution of monetary compensation receivables under the system) |
| Payment date | 23 July 2026 |
| Intended allottee | Category Directors (excluding the representative director and chairman and outside directors) / Number of Employees 4 / Number of Shares 4,052 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 5 / Number of Shares 2,550 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The restriction period runs from 23 July 2026 to 22 July 2056. |
| Dilution Rate | Not applicable (disposal of treasury shares) |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Prime Market of the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,081. No discount or premium rate is stated. |
| Transfer restriction period | 23 July 2026 to 22 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a position as a director, an executive officer who does not concurrently serve as a director, a corporate auditor, an employee, a full-time adviser, a counsellor or another equivalent position at the Company or one of its subsidiaries during the transfer restriction period, all restrictions will be lifted upon expiry of the period. If the recipient leaves office or employment due to the expiry of a term of office, mandatory retirement or another legitimate reason, the restrictions will be lifted on the number of shares obtained by multiplying the shares held by the ratio corresponding to the period in office or employment. |
| Reason for acquisition without consideration | If the recipient violates laws or regulations during the transfer restriction period or falls under certain other events specified in the restricted stock allotment agreement. In addition, if any shares remain subject to transfer restrictions when the transfer restriction period expires or the restrictions are lifted. |
| Categories and Number of Persons Covered | Directors (excluding the representative director and chairman and outside directors): 4 people, 4,052 shares; executive officers who do not concurrently serve as directors: 5 people, 2,550 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥13,738,762 |
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 pursue sustained growth in corporate value and to promote the sharing of value with shareholders. In addition, this time, the Company has taken into account the purpose of the system, its business performance, the scope of responsibilities of each eligible director and other recipient, and other relevant circumstances, with the aim of further enhancing motivation.