Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
19,823 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.
¥45,473,962
0.03%
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 | 19,823 treasury shares |
| Issue price and disposal price | ¥2,294 per share |
| Total issue value | ¥45,473,962 |
| Amount of funds to be raised | Total payment amount: ¥45,473,962; estimated net proceeds: Not disclosed |
| Payment date | 15 May 2026 |
| Intended allottee | Category 5 directors of the Company (excluding outside directors) / Number of Shares 7,625 shares, Category 10 executive officers of the Company / Number of Shares 12,198 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged, used to establish a transfer security interest, gifted inter vivos, bequeathed or otherwise disposed of. The transfer restriction period will run from 15 May 2026 until the date on which the recipient ceases to be a director or executive officer of the Company. |
| Dilution Rate | 0.03% |
| Total number of issued shares | 61,037,120 shares → Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 15 April 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥2,294. No discount or premium was stated. |
| Transfer restriction period | From 15 May 2026 until the date on which the recipient ceases to be a director or executive officer of the Company |
| Conditions for lifting transfer restrictions | For directors, the recipient must continuously remain a director until the date of the first annual general meeting of shareholders held after the start of the transfer restriction period. For executive officers, the recipient must continuously remain an executive officer until the end of the first fiscal year to arrive after that date. In the event of a resignation or retirement for a valid reason, the restrictions will be lifted on a number of shares reasonably determined in light of the period of service. |
| Reason for acquisition without consideration | The Company will acquire the relevant shares without consideration if the recipient resigns or retires without a valid reason before the prescribed date, if any shares are not eligible for release from the transfer restrictions, or if the transfer restrictions are not lifted in connection with a corporate reorganization or other event. |
| Categories and Number of Persons Covered | Category The Company's directors (excluding outside directors) / Number of Employees 5 / Number of allocated shares 7,625 shares, Category Executive officers of the Company / Number of Employees 10 / Number of allocated shares 12,198 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥45,473,962. The total amount of compensation claims is capped at ¥50 million per year. |
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 directors and executive officers with an incentive to achieve sustained growth in corporate value and promote value sharing with shareholders.