Details of issuance or disposal
Disposal of treasury shares as stock compensation
204,300 shares of the Company’s common stock (treasury shares)
¥1,399,455,000
0.65% of the total number of issued shares and 0.66% of the total number of voting rights (both as of 31 March 2026, rounded to the nearest hundredth of a percentage point)
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 stock compensation |
| Number of shares to be issued or disposed of | 204,300 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥6,850 per share |
| Total issue value | ¥1,399,455,000 |
| Payment date | 18 August 2026 |
| Intended allottee | Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account)) |
| Intended allottee's holding policy | It is stated that the allottee will hold the number of shares equivalent to the number of shares expected to be delivered to employees during the trust period under the plan. |
| Dilution Rate | 0.65% of the total number of issued shares and 0.66% of the total number of voting rights (both as of 31 March 2026, rounded to the nearest hundredth of a percentage point) |
| Total number of issued shares | 31,243,223 shares (as of 31 March 2026) → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company’s shares on the Tokyo Stock Exchange on 30 July 2026, the business day immediately preceding the date of the Board of Directors’ resolution, was ¥6,850. There is no discount or premium. |
| Transfer restriction period | Trust period: 18 August 2026 to the end of September 2031 (scheduled) |
| Conditions for lifting transfer restrictions | Under the employee share delivery rules, the Company’s shares will be delivered to employees who satisfy the beneficiary requirements. Detailed conditions for releasing the transfer restrictions are Not disclosed. |
| Categories and Number of Persons Covered | The Company’s employees. The number of employees and breakdown of the number of shares allotted are Not disclosed. |
| Procedures under the Corporate Code of Conduct | The Company plans to appoint an independent third party, unaffiliated with the Company and its officers, as trust administrator. |
Items this document does not state (14)
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 plan is intended to develop and motivate personnel who will drive the enhancement of corporate value over the medium to long term, foster employees’ standing as shareholders, cultivate an ownership mindset, and increase their awareness of participating in management. The Company considers the number of shares to be disposed of and the scale of dilution reasonable, and believes the impact on the secondary market will be minor.