Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
78,913 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.
Total payment amount: ¥117,738,196; estimated net proceeds: Not disclosed
0.02%
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 | 78,913 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,492 per share |
| Amount of funds to be raised | Total payment amount: ¥117,738,196; estimated net proceeds: Not disclosed |
| Payment date | 21 July 2026 |
| Intended allottee | Name 5 directors (excluding outside directors) / Number of Shares 53,986 shares, Name 12 executive officers / Number of Shares 24,927 shares |
| Intended allottee's holding policy | From 21 July 2026 until they retire from both their position as a director of the Company and their position as an executive officer, recipients may not transfer, create security interests over or otherwise dispose of the shares. |
| Dilution Rate | 0.02% |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 25 June 2026, which was ¥1,492. No discount or premium is stated. |
| Transfer restriction period | From 21 July 2026 until the recipient retires from both their position as a director of the Company and their position as an executive officer |
| Conditions for lifting transfer restrictions | The recipient must continuously hold the position of director or executive officer of the Company during the service provision period from the date of the 2026 Annual General Meeting of Shareholders to the date of the Annual General Meeting of Shareholders held in the following year. If the recipient retires due to death or another reason deemed valid by the Company's Board of Directors, the restrictions will be partially released in proportion to the number of months in office. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been released. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 5 / Number of allocated shares 53,986 shares, Category Executive officers / Number of Employees 12 / Number of allocated shares 24,927 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥117,738,196 |
| Stock Split Ratio | The disclosure states that the system limit was changed as a result of the stock split effective 1 November 2024, but the split ratio is Not disclosed |
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 directors and executive officers with incentives to sustainably enhance corporate value and shareholder value over the medium to long term, and to promote the sharing of value with shareholders.