Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
50,600 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.
¥10,575,400
No increase
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 | 50,600 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥209 per share |
| Total issue value | ¥10,575,400 |
| Amount of funds to be raised | Total amount paid: ¥10,575,400; estimated net proceeds: Not disclosed |
| Payment date | 20 April 2026 |
| Intended allottee | Name 4 directors of the Company (excluding directors serving as Audit and Supervisory Committee members and outside directors) / Number of Shares 11,400 shares, Name 13 directors of the Company's subsidiaries / Number of Shares 27,200 shares, Name 8 employees of the Company and its subsidiaries / Number of Shares 12,000 shares |
| Intended allottee's holding policy | During the restricted transfer period, the shares may not be transferred, pledged as collateral or otherwise disposed of in any manner. |
| Total number of issued shares | No increase |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 27 March 2026, the business day preceding the date of the Board of Directors' resolution, was ¥209. No discount or premium rate is stated. |
| Transfer restriction period | Eligible directors: from 20 April 2026 until the date on which they cease to be directors of the Company or leave their employment. Eligible employees and others: from 20 April 2026 through 19 April 2029. |
| Conditions for lifting transfer restrictions | Eligible directors must continuously remain directors of the Company throughout the restricted transfer period. Eligible employees and others must continuously remain directors, Audit & Supervisory Board members or employees of the Company group throughout the restricted transfer period. In the event of death, expiration of the term of office, mandatory retirement or departure from office or employment for another legitimate reason, the restrictions will be partially lifted according to the period of service and other factors. |
| Reason for acquisition without consideration | At the end of the restricted transfer period or when the transfer restrictions are lifted, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding directors serving as Audit and Supervisory Committee members and outside directors) / Number of Employees 4 / Number of allocated shares 11,400 shares, Category Directors of subsidiaries of the Company / Number of Employees 13 / Number of allocated shares 27,200 shares, Category Employees of the Company and its subsidiaries / Number of Employees 8 independent officers / Number of allocated shares 12,000 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥10,575,400. The annual compensation limit for eligible directors is ¥100 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.To provide the recipients with an incentive to pursue the sustained enhancement of the corporate value of the Company group, promote value sharing with shareholders, and achieve medium- to long-term business growth and enhancement of corporate value.