Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
6,180 treasury shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥2,997,300
No increase, as this is a disposal of treasury shares
As this is a disposal of treasury shares and therefore does not increase the total number of issued shares, the dilution rate is not disclosed.
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 | 6,180 treasury shares |
| Issue price and disposal price | ¥485 per share |
| Total issue value | ¥2,997,300 |
| Amount of funds to be raised | Total payment amount: ¥2,997,300; estimated net proceeds: not disclosed |
| Payment date | 17 July 2026 |
| Intended allottee | Name Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 2 / Number of Shares 6,180 shares |
| Intended allottee's holding policy | During the transfer restriction period, the recipients are prohibited from transferring the shares to third parties, creating security interests over them, or otherwise disposing of them in any way. If an eligible director continuously remains in the relevant position or employment for a specified period, the transfer restrictions will be lifted upon expiry of the transfer restriction period. |
| Dilution Rate | As this is a disposal of treasury shares and therefore does not increase the total number of issued shares, the dilution rate is not disclosed. |
| Total number of issued shares | No increase, as 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 Standard Market of the Tokyo Stock Exchange on 25 June 2026, ¥485. The discount and premium rates are not disclosed. |
| Transfer restriction period | From 17 July 2026 to 16 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | Provided that the eligible director continuously holds one of the following positions throughout the transfer restriction period, all transfer restrictions will be lifted upon expiry of the transfer restriction period: director or executive officer of the Company or one of its subsidiaries, executive officer who does not concurrently serve as a director, employee, adviser, counselor, or another equivalent position. If the director retires or leaves employment upon expiry of the term of office, mandatory retirement, or for another legitimate reason, the transfer restrictions on the number of shares corresponding to the period of service will be lifted immediately after the retirement or departure. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted upon expiry of the transfer restriction period or upon the lifting of transfer restrictions. In the event of a reorganization or similar event, the Company will also acquire without consideration any shares whose transfer restrictions remain in place after the transfer restrictions have been lifted. |
| Categories and Number of Persons Covered | 2 directors of the Company, excluding directors serving as Audit and Supervisory Committee members and outside directors; 6,180 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥2,997,300 |
| Impact on Business Performance | No impact on financial results from this disposal of treasury shares is stated. |
Items this document does not state (11)
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 further motivate the eligible directors, achieve sustained enhancement of corporate value, and promote the sharing of value with shareholders over the medium to long term.