Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
15,249 shares of the company's common stock (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥31,412,940
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 | 15,249 shares of the company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,060 per share |
| Total issue value | ¥31,412,940 |
| Amount of funds to be raised | Total payment amount: ¥31,412,940; estimated net proceeds: Not disclosed |
| Payment date | 21 August 2026 |
| Intended allottee | Name 6 of the Company's directors, excluding outside directors / Number of Shares 15,249 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged, used to create a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any manner. The restriction period runs from 21 August 2026 until the holder retires or resigns from both positions as director and executive officer of the company. |
| Basis for determining the amount to be paid | The closing price of the company's common stock on the Tokyo Stock Exchange on 22 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,060. No discount or premium was stated. |
| Transfer restriction period | The period from 21 August 2026 until the holder retires or resigns from both positions as director and executive officer of the company |
| Conditions for lifting transfer restrictions | Provided that the holder continuously holds either position as a director or executive officer of the company from 26 June 2026 through the next annual general meeting of shareholders, all of the allocated shares will be released from the restrictions when the restriction period expires. If the holder retires or resigns for a legitimate reason, the number of shares released and the timing of their release will be reasonably adjusted. |
| Reason for acquisition without consideration | If the holder retires or resigns from both positions as director and executive officer of the company before the restriction period expires without a legitimate reason. If any shares remain subject to restrictions when the restriction period expires. If any shares remain subject to restrictions in connection with a corporate reorganization or similar event. |
| Categories and Number of Persons Covered | 6 directors of the company (excluding outside directors), 15,249 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims: ¥31,412,940 (the scheme's annual limit is ¥60 million or less) |
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 provide the eligible Directors with an incentive to achieve sustainable growth in corporate value and promote value sharing with shareholders.