Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
17,300 treasury shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥57,609,000
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 | 17,300 treasury shares |
| Issue price and disposal price | ¥3,330 per share |
| Total issue value | ¥57,609,000 |
| Payment date | 21 August 2026 |
| Intended allottee | Name 2 directors, excluding outside directors and directors who are Audit and Supervisory Committee members / Number of Shares 17,300 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. The transfer restriction period runs from 21 August 2026 to 21 August 2031. |
| 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 Prime Market on 21 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,330. There is no discount or premium. |
| Transfer restriction period | 21 August 2026 to 21 August 2031 (5 years) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be lifted upon expiry of the restriction period, provided that the recipient has continuously held the position of director of the Company throughout the period. If the recipient retires upon expiration of the term of office, reaching the mandatory retirement age or for another legitimate reason, the restrictions will be lifted in proportion to the period of service. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted when the restriction period expires or when the restrictions are lifted due to retirement or another event. |
| Categories and Number of Persons Covered | 2 directors (excluding outside directors and directors who are Audit and Supervisory Committee members), 17,300 shares |
| Total Stock-Based Compensation | Aggregate monetary compensation claims of ¥57,609,000. The annual compensation limit is ¥150 million or less. |
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.The decision was made after considering the Company's performance, the scope of responsibilities of each eligible director and other relevant factors, with the aim of providing incentives for the sustained enhancement of corporate value and sharing value with shareholders.