Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
2,814 common shares of the Company (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.
¥8,990,730
Not applicable (disposal of treasury shares only)
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 | 2,814 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥3,195 per share |
| Total issue value | ¥8,990,730 |
| Amount of funds to be raised | Total payment amount: ¥8,990,730; estimated net proceeds: Not disclosed (disposal of treasury shares through an in-kind contribution of compensation receivables) |
| Payment date | 23 July 2026 |
| Intended allottee | Category The Company's directors / Number of Employees 1 / Number of Shares 938 shares, Category Executive officers who are not directors of the Company / Number of Employees 5 / Number of Shares 1,876 shares |
| Intended allottee's holding policy | From 23 July 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the Company, the shares may not be transferred, pledged as collateral or otherwise disposed of. |
| Dilution Rate | Not applicable (disposal of treasury shares only) |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,195. No discount or premium rate was stated. |
| Transfer restriction period | From 23 July 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of director or executive officer of the Company from 23 July 2026 until the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2027. If the recipient ceases to hold the position due to death or another reason deemed legitimate by the Company's Board of Directors, all transfer restrictions will also be lifted upon expiry of the transfer restriction period. |
| Reason for acquisition without consideration | At the expiry of the transfer restriction period or another specified time prescribed in the agreement, the Company will automatically acquire for no consideration any of the allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 1 / Number of allocated shares 938 shares, Category Executive officers (excluding directors) / Number of Employees 5 / Number of allocated shares 1,876 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥8,990,730 |
Items this document does not state (13)
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 incentives for the sustainable enhancement of corporate value and shareholder value over the medium to long term and to further promote value sharing with shareholders. The Company also took into consideration the purpose of the system, the Company's performance, the scope of the responsibilities of each recipient and other relevant factors.