Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
16,219 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥17,370,549
No increase, as this is a disposal of treasury shares
No dilution, as this is a disposal of treasury shares and the total number of issued shares will not increase
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 | 16,219 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,071 per share |
| Total issue value | ¥17,370,549 |
| Amount of funds to be raised | Total payment amount of ¥17,370,549; estimated net proceeds Not disclosed |
| Specific use of funds | Not applicable (contribution in kind of monetary compensation claims held by the eligible directors) |
| Payment date | 22 July 2026 |
| Intended allottee | 7 directors of the Company, excluding outside directors, for a total of 16,219 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. They will be managed in a designated account. |
| Dilution Rate | No dilution, as this is a disposal of treasury shares and the total number of issued shares will not increase |
| Total number of issued shares | No increase, as this is a disposal of treasury shares |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Standard Market of the Tokyo Stock Exchange on 22 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,071. The discount rate and premium rate were Not disclosed. |
| Transfer restriction period | 22 July 2026 to 22 July 2029 (3 years) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiry of the transfer restriction period, provided that the eligible director has continuously remained a director of the Company throughout that period. If the director leaves office due to expiration of the term of office, mandatory retirement, or another legitimate reason, some or all of the restrictions will be lifted in proportion to the period of service. |
| 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 | 7 directors of the Company, excluding outside directors, for a total of 16,219 shares |
| Total Stock-Based Compensation | Monetary compensation of ¥17,370,549 (monetary compensation claims in the same amount) |
Items this document does not state (11)
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.The purpose is to recruit capable individuals as directors and further enhance the motivation of each eligible director, taking into consideration the purpose of the plan, the Company's performance, the scope of each eligible director's responsibilities, and other relevant factors. The plan is also intended to achieve long-term sharing of shareholder value.