Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
11,759 shares of the Company's common stock (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥27,504,301
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 | 11,759 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,339 per share |
| Total issue value | ¥27,504,301 |
| Amount of funds to be raised | Total payment amount: ¥27,504,301. Estimated net proceeds: Not disclosed |
| Specific use of funds | As the treasury shares will be disposed of through an in-kind contribution of monetary compensation receivables, the specific use of funds to be raised by the Company is Not disclosed |
| Payment date | 23 July 2026 |
| Intended allottee | 5 directors (excluding directors who are Audit and Supervisory Committee members and outside directors): 11,759 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged or otherwise disposed of from 23 July 2026 until the date on which the recipient ceases to be a director, executive officer or employee of the Company or any of its subsidiaries. |
| 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 stock on the Tokyo Stock Exchange on 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,339. Discount rate/premium rate: Not disclosed |
| Transfer restriction period | From 23 July 2026 (the payment date) until the date on which the recipient ceases to be a director, executive officer or employee of the Company or any of its subsidiaries |
| Conditions for lifting transfer restrictions | The recipient must continuously hold a position as a director, executive officer or employee of the Company or any of its subsidiaries during the service period from the date of the Company's Annual General Meeting of Shareholders immediately preceding the payment date to the date of the Company's Annual General Meeting of Shareholders held in the following year. If the recipient resigns or retires due to death or another reason deemed legitimate by the Company's Board of Directors, the restrictions will be partially lifted in proportion to the number of months of service. |
| Reason for acquisition without consideration | When the restricted period expires, the Company will automatically acquire without consideration any of the shares subject to this allocation for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 5 directors (excluding directors who are Audit and Supervisory Committee members and outside directors): 11,759 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥27,504,301. The annual stock compensation limit is ¥36 million and 50,000 shares. |
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 provide an incentive to achieve sustained growth in the corporate value of the Group and to promote the sharing of value with shareholders.