Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
4,000 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.
¥7,292,000
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 | 4,000 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,823 per share |
| Total issue value | ¥7,292,000 |
| Payment date | 16 July 2026 |
| Intended allottee | Name 5 directors of the Company (excluding outside directors) / Number of Shares 4,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, used to create a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of in any manner. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| 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 16 June 2026, ¥1,823. No discount or premium applies. |
| Transfer restriction period | From 17 July 2026 until the recipient ceases to hold any position as a director, executive officer or employee of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously hold one of the positions of director, executive officer or employee of the Company from 17 June 2026 through the date of the annual general meeting in the following year. If the recipient ceases to hold such a position or leaves employment for a legitimate reason, the number of shares whose restrictions are lifted and the timing of the lifting will be reasonably adjusted. |
| Reason for acquisition without consideration | The Company will acquire without consideration any of the allocated shares whose transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | 5 directors of the Company (excluding outside directors), 4,000 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims of ¥7,292,000 (monetary remuneration claims under the plan are limited to ¥15 million per year) |
| Impact on Business Performance | The impact of this matter on business performance is Not disclosed |
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 the eligible Directors with an incentive to achieve sustainable growth in corporate value and promote value sharing with shareholders.