Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
40,200 shares (treasury shares)
¥87,193,800
As this is a disposal of treasury shares, the total number of issued shares will not increase
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 40,200 shares (treasury shares) |
| Issue price and disposal price | ¥2,169 per share |
| Total issue value | ¥87,193,800 |
| Amount of funds to be raised | Total payment amount: ¥87,193,800; estimated net proceeds: Not disclosed |
| Intended allottee | Employees of the Company's subsidiary (eligible employees); number of employees and number of shares: Not disclosed |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The Company compared the TSE closing price of ¥2,000 on the trading day immediately preceding the date of the disposal resolution with the TSE closing price of ¥2,169 on the trading day immediately preceding the date on which the terms were determined, and adopted the higher price of ¥2,169 |
| Categories and Number of Persons Covered | Employees of the Company's subsidiary (eligible employees); number of employees and number of shares allocated: Not disclosed |
| Total Stock-Based Compensation | Amount of monetary claims: Not disclosed |
Items this document does not state (18)
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 Company compared the TSE closing price of ¥2,000 on the trading day immediately preceding the date of the disposal resolution with the TSE closing price of ¥2,169 on the trading day immediately preceding the date on which the terms were determined, and adopted the higher price. Consideration for the interests of existing shareholders and the elimination of arbitrariness were cited as the reasons.