Details of issuance or disposal
Disposal of Treasury Shares Through a Third-Party Allotment
Up to 77,530 shares of the Company's common stock
Up to ¥135,832,560
0.10% of the total number of shares issued and 0.10% of the total number of voting rights
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.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of Treasury Shares Through a Third-Party Allotment |
| Number of shares to be issued or disposed of | Up to 77,530 shares of the Company's common stock |
| Issue price and disposal price | ¥1,752 per share |
| Total issue value | Up to ¥135,832,560 |
| Amount of funds to be raised | Total amount paid in: up to ¥135,832,560; estimated net proceeds: Not disclosed |
| Payment date | 15 July 2026 |
| Intended allottee | HAMAKYOREX Employee Stock Ownership Plan (the number of shares disposed of and the total disposal price are expected to be determined according to the number of participants) |
| Dilution Rate | 0.10% of the total number of shares issued and 0.10% of the total number of voting rights |
| Basis for determining the amount to be paid | The closing price of ¥1,752 on 11 May 2026, the business day before the Board of Directors meeting. The deviations from the average closing price were -2.01% for one month, -4.37% for three months, and -2.29% for six months. |
| Categories and Number of Persons Covered | Employees of the Company who are eligible for membership. Number of participants and number of shares allocated: Not disclosed |
| Underwriter / lead underwriter | Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (the employee stock ownership plan's administrative service provider) |
| Procedures under the Corporate Code of Conduct | Because the dilution rate is less than 25% and the transaction does not involve a change in the controlling shareholder, obtaining an opinion from an independent third party and confirming shareholder approval are not required. All 3 Audit & Supervisory Board Members expressed the opinion that the disposal price is lawful and does not constitute a particularly favorable price. |
Items this document does not state (16)
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 enhance employee motivation and engagement, raise awareness of business performance and the share price, and further promote the sharing of shareholder value with shareholders.