Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
35,900 treasury shares
The lower thin line represents the existing number of shares to which these shares will be added.
Total payment amount: ¥31,843,300; estimated net proceeds: Not disclosed
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 | 35,900 treasury shares |
| Issue price and disposal price | ¥887 per share |
| Amount of funds to be raised | Total payment amount: ¥31,843,300; estimated net proceeds: Not disclosed |
| Payment date | 10 July 2026 |
| Intended allottee | Name 5 of the Company's directors, excluding directors who are Audit and Supervisory Committee members, outside directors and part-time directors / Number of Shares 35,900 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of. The transfer restriction period runs from 10 July 2026 to 9 July 2056. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Standard Market of the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥887. Discount rate/premium rate: Not disclosed. |
| Transfer restriction period | 30 years (10 July 2026 to 9 July 2056) |
| Conditions for lifting transfer restrictions | The eligible director must continuously hold the position of director of the Company throughout the transfer restriction period. If the director leaves office upon expiration of the term of office, reaching the mandatory retirement age or for another legitimate reason, the transfer restriction will be lifted for the number of shares determined based on the period of service. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period or when the restriction is lifted due to the director's departure from office or for another reason, the Company will automatically acquire without consideration any of the shares subject to this allocation for which the transfer restriction has not been lifted. |
| Categories and Number of Persons Covered | 5 of the Company's directors, excluding directors who are Audit and Supervisory Committee members, outside directors and part-time directors; 35,900 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥31,843,300 |
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 the eligible directors with a medium- to long-term incentive, share value with shareholders, and promote the sustained enhancement of corporate value throughout their tenure.