Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
7,898 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.
¥9,896,194
0.42%
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 | 7,898 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,253 per share |
| Total issue value | ¥9,896,194 |
| Payment date | 15 July 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of Shares 4,308 shares, Name The Company's executive officers / Number of Employees 5 / Number of Shares 3,590 shares |
| Intended allottee's holding policy | The shares will be held and maintained in accounts opened with SMBC Nikko Securities Inc. until the transfer restrictions are lifted. During the restriction period, the shares may not be transferred to any third party or otherwise disposed of in any manner. |
| Dilution Rate | 0.42% |
| Total number of issued shares | 1,864,011 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 24 June 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥1,253. No discount or premium was applied. |
| Transfer restriction period | From 15 July 2026 until the date on which the recipient retires from both the position of director and the position of executive officer of the Company |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds either the position of director or executive officer of the Company through the first annual general meeting of shareholders held after 15 July 2026, all of the allocated shares held at the end of the restriction period will have their transfer restrictions lifted. In the event of retirement for a legitimate reason, the restrictions will be lifted in proportion to the number of months in office. |
| Reason for acquisition without consideration | If the recipient retires from both the position of director and the position of executive officer before the day preceding the date of the first annual general meeting of shareholders held after 15 July 2026 without a legitimate reason. This also applies if any shares remain subject to transfer restrictions at the end of the restriction period. In the event of a corporate reorganization or similar transaction, the Company will acquire, without consideration, any shares whose transfer restrictions have not been lifted on the business day preceding the effective date. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 4,308 shares, Category The Company's executive officers / Number of Employees 5 / Number of allocated shares 3,590 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥9,896,194 (the annual compensation limit for eligible directors is ¥7.5 million) |
| Procedures under the Corporate Code of Conduct | At the 59th Annual General Meeting of Shareholders held on 25 June 2026, shareholders approved the introduction of a restricted stock compensation plan, the total compensation amount, the maximum number of shares and other matters. |
| Impact on Business Performance | No impact on business results from this disposal of treasury shares is disclosed. |
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.To enable the eligible recipients to share with shareholders both the benefits and risks of share price fluctuations and to increase their motivation to contribute to higher share prices and enhanced corporate value.