Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
29,646 shares of the Company's common stock (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.
¥29,408,832
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 | 29,646 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥992 per share |
| Total issue value | ¥29,408,832 |
| Payment date | 22 July 2026 |
| Intended allottee | Name 4 directors (excluding outside directors) / Number of Shares 10,582 shares, Name 16 executive officers who do not concurrently serve as directors / Number of Shares 19,064 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged or otherwise disposed of, and will be managed in a dedicated account. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Prime Market on 24 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥992. No discount or premium rate is stated. |
| Transfer restriction period | From 22 July 2026 to 21 July 2029 (3 years) |
| Conditions for lifting transfer restrictions | The transfer restrictions on all of the allocated shares will be lifted at the end of the period, provided that the relevant directors and other recipients continuously hold a prescribed position or other designated role at the Company or one of its subsidiaries during the restriction period. If a recipient leaves office or employment upon expiry of the term of office, reaching the mandatory retirement age or for another legitimate reason, the restrictions will be lifted on the number of shares calculated according to the period of service. In the event of a reorganisation or similar transaction, the restrictions will likewise be lifted on the number of shares calculated according to the prescribed period of service. |
| Reason for acquisition without consideration | The Company will acquire without consideration any allocated shares for which the transfer restrictions have not been lifted as of the end of the restriction period or the date on which the restrictions are lifted. In the event of a reorganisation or similar transaction, the Company will also acquire without consideration any shares whose restrictions remain in place after the lifting of the applicable restrictions. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 10,582 shares, Category Executive officers who do not concurrently serve as directors / Number of Employees 16 / Number of allocated shares 19,064 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥29,408,832. The annual compensation limit for directors who are subject to the scheme is ¥100 million or less. |
| Impact on Business Performance | No impact on financial results from this disposal of treasury shares is stated. |
Items this document does not state (14)
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.The disposal was made under a scheme designed to provide medium- to long-term incentives and align interests with shareholders, taking into account the Company's operating performance, the scope of each recipient's responsibilities and other relevant factors. The restriction period was set at 3 years to enhance the incentive effect.