Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
7,985 common shares of the company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥11,003,330 (fair value)
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 | 7,985 common shares of the company (treasury shares) |
| Issue price and disposal price | Without consideration (no monetary payment or contribution of property required). Fair value per share: ¥1,378 |
| Total issue value | ¥11,003,330 (fair value) |
| Amount of funds to be raised | Total payment amount: without consideration; estimated net proceeds: ¥0 |
| Intended allottee | Name 4 directors (excluding outside directors) / Number of Shares 7,985 shares |
| Intended allottee's holding policy | During the restricted transfer period, the shares may not be transferred, pledged or otherwise disposed of. The restricted transfer period runs from 26 October 2026 until the date on which the holder retires as a director of the company. |
| Basis for determining the amount to be paid | The closing price of the company's common shares on the Tokyo Stock Exchange on 28 September 2026, ¥1,378, was used as the fair value per share. Discount rate/premium rate: Not disclosed |
| Transfer restriction period | From 26 October 2026 (the allotment date) until the date on which the holder retires as a director of the company |
| Conditions for lifting transfer restrictions | The transfer restrictions on all of the allotted shares will be lifted upon expiry of the restricted transfer period, provided that the eligible director has continuously remained a director of the company throughout the service period from the date of the company's annual general meeting of shareholders immediately preceding the allotment date through the date of the company's annual general meeting of shareholders held in the following year. If the director retires due to death or another reason deemed legitimate by the company's Board of Directors, the restrictions will be lifted on the number of shares corresponding to the number of months in office. In the event of a reorganisation or similar transaction, the Board of Directors may resolve to lift the transfer restrictions on all shares. |
| Reason for acquisition without consideration | The company will automatically acquire without consideration any allotted shares whose transfer restrictions have not been lifted upon expiry of the restricted transfer period. |
| Categories and Number of Persons Covered | 4 directors (excluding outside directors); 7,985 shares allotted |
| Total Stock-Based Compensation | Up to ¥30 million per year (the total number of common shares issued or disposed of under this system is limited to 30,000 shares per year) |
Items this document does not state (15)
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 for continuously increasing corporate value and promote value sharing with shareholders. In this disposal, the company considered the purpose of the system, the scope of each eligible director's responsibilities and other relevant circumstances.