Details of issuance or disposal
Disposal of treasury shares as restricted stock
149,800 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.
¥18,575,200
As this is a disposal of treasury shares, information regarding an increase in the total number of issued shares is 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 |
| Number of shares to be issued or disposed of | 149,800 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥124 per share |
| Total issue value | ¥18,575,200 |
| Amount of funds to be raised | Total payment amount: ¥18,575,200; estimated net proceeds: Not disclosed |
| Payment date | 24 June 2026 |
| Intended allottee | Name 13 employees of the Company / Number of Shares 149,800 shares |
| Intended allottee's holding policy | During the transfer restriction period, the recipients may not transfer, create security interests over or otherwise dispose of the shares. The transfer restriction period runs from 24 June 2026 to 24 June 2031. |
| Total number of issued shares | As this is a disposal of treasury shares, information regarding an increase in the total number of issued shares is Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 25 May 2026, the business day preceding the date of the Board of Directors' resolution, was ¥124. No discount or premium rate is stated. |
| Transfer restriction period | From 24 June 2026 to 24 June 2031 (5 years) |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously remains an officer or employee of the Company throughout the transfer restriction period, all of the shares allocated under this arrangement will be released from the transfer restrictions upon expiry of the period. If the recipient loses that status due to death or another reason deemed legitimate by the Board of Directors, the number of shares released will be determined according to the number of months of service. In the event of retirement at the mandatory retirement age, all of the shares allocated under this arrangement will be released from the transfer restrictions. |
| Reason for acquisition without consideration | At the expiration of the restricted transfer period or another time specified in the agreement, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 13 employees of the Company, 149,800 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥18,575,200 |
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 employees with an incentive to achieve sustained improvements in corporate value and shareholder value over the medium to long term and to promote value sharing with shareholders. Transfer restrictions will also be imposed to encourage medium- to long-term, continuous service and other commitments.