Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
6,700 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥15,704,800
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 | 6,700 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,344 per share |
| Total issue value | ¥15,704,800 |
| Payment date | 7 August 2026 |
| Intended allottee | Name 4 of the Company’s directors, excluding directors who are Audit and Supervisory Committee members / Number of Shares 6,700 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, gifted inter vivos or otherwise disposed of, and must be held and maintained in a designated account until the transfer restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 13 July 2026, ¥2,344. No discount or premium. |
| Transfer restriction period | From 7 August 2026 to 6 August 2056 (30 years) |
| Conditions for lifting transfer restrictions | All transfer restrictions will be lifted upon expiration of the restricted transfer period, provided that the recipient has continuously held the position of director of the Company throughout the restricted transfer period. If the recipient leaves office before the expiration of the period for a legitimate reason or due to death, the restrictions will be lifted on a number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | If any shares remain subject to transfer restrictions when the transfer restrictions are scheduled to be lifted. If, following the lifting of transfer restrictions due to a corporate reorganization or similar event, any shares are subject to transfer restrictions. |
| Categories and Number of Persons Covered | 4 directors of the Company (excluding directors who are Audit and Supervisory Committee members), 6,700 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥15,704,800 |
| Most recent equity financing | Timing 17 May 2019 / Type Introduction of a Restricted Stock Compensation Plan / Amount Not disclosed |
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.To enhance directors’ awareness of their participation in management by having them own the Company’s shares, thereby promoting sustained improvement in corporate value and the sharing of value with shareholders over the medium to long term.