Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
33,463 shares of the Company's common stock (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.
¥94,967,994
0.05%
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 | 33,463 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,838 per share |
| Total issue value | ¥94,967,994 |
| Amount of funds to be raised | Total payment amount: ¥94,967,994; estimated net proceeds: Not disclosed (because the shares are contributed in kind) |
| Payment date | 6 August 2026 |
| Intended allottee | Category 4 directors (excluding outside directors) / Number of Shares 14,969 shares, Category 19 executive officers / Number of Shares 18,494 shares |
| Intended allottee's holding policy | From 6 August 2026 until the date on which they cease to serve as either a director or executive officer of the Company, the allottees may not transfer the shares, create security interests over them or otherwise dispose of them. |
| Dilution Rate | 0.05% |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 16 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,838. The discount or premium rate is Not disclosed. |
| Transfer restriction period | From 6 August 2026 until the date on which they cease to serve as either a director or executive officer of the Company |
| Conditions for lifting transfer restrictions | Directors must continuously hold office as directors or executive officers of the Company from the date of the ordinary general meeting of shareholders immediately preceding the payment date through the date of the ordinary general meeting of shareholders in the following year. Executive officers must continuously hold office from 1 April immediately preceding the payment date through 31 March of the following year. If they cease to hold office due to death or another reason deemed justifiable by the Board of Directors, the restrictions will be lifted on the day following the date they cease to hold office. In the event of a corporate reorganization or similar event, the restrictions may be lifted immediately before the business day preceding the effective date. |
| Reason for acquisition without consideration | If the transfer restrictions have not been lifted when the restriction period expires, or if the holder falls under any circumstance specified by the Board of Directors, including a violation of laws or regulations, internal rules or the allotment agreement. |
| Categories and Number of Persons Covered | 4 directors, excluding outside directors, and 14,969 shares; 19 executive officers and 18,494 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥94,967,994 |
| Procedures under the Corporate Code of Conduct | At the 81st Annual General Meeting of Shareholders held on 24 June 2021, approval was obtained for the restriction period, the issuance or disposal through an in-kind contribution, and a compensation framework of up to 100,000 shares per year and ¥100 million per year. |
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 an incentive to promote sustained enhancement of corporate value and further share value with shareholders.