Details of issuance or disposal
Issuance of common shares or disposal of treasury shares under the restricted stock grant system
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 | Issuance of common shares or disposal of treasury shares under the restricted stock grant system |
| Intended allottee | Employees currently serving in management positions. The number of recipients and shares is Not disclosed |
| Transfer restriction period | The period from the payment date for the restricted stock until the date on which the recipient ceases to hold any position as a director, executive officer or employee of the Company due to the expiration of a term of office, mandatory retirement or another reason deemed justifiable by the Company's Board of Directors, as scheduled |
| Categories and Number of Persons Covered | Employees currently serving in management positions. The number of recipients and shares to be allocated is Not disclosed |
Items this document does not state (24)
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 incentives to eligible employees, promote the sustainable enhancement of the Company's corporate value, and further align the interests of eligible employees and shareholders.