Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
9,900 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥20,403,900
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 | 9,900 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,061 per share |
| Total issue value | ¥20,403,900 |
| Payment date | 18 June 2026 |
| Intended allottee | Name 16 employees of the Company / Number of Shares 9,900 shares |
| Intended allottee's holding policy | The shares will be held and maintained in designated accounts opened with SMBC Nikko Securities Inc. until the transfer restrictions are lifted. During the restriction period, the shares may not be transferred to any third party or otherwise disposed of in any way. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 20 May 2026, ¥2,061. No discount or premium. |
| Transfer restriction period | Shares subject to Allocation 1: 18 June 2026 to 31 March 2027; Shares subject to Allocation 2: 18 June 2026 to 31 March 2028; Shares subject to Allocation 3: 18 June 2026 to 31 March 2029 |
| Conditions for lifting transfer restrictions | The transfer restrictions will be lifted upon expiration of each respective transfer restriction period, provided that the recipient has continuously held one of the positions of director, executive officer or employee of the Company during Compensation Periods 1 to 3, respectively. In the event of resignation or retirement for a legitimate reason, the restrictions will be lifted in part in proportion to the number of months of service. |
| Reason for acquisition without consideration | If the recipient resigns or retires from all positions as director, executive officer and employee of the Company before the end of the applicable Compensation Period, except where the Board of Directors recognizes a legitimate reason. The Company will also acquire without consideration any shares whose transfer restrictions have not been lifted upon expiration of the transfer restriction period, as well as any shares whose transfer restrictions have not been lifted before the effective date of a corporate reorganization or other similar event. |
| Categories and Number of Persons Covered | Employees of the Company: 16 people; 9,900 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥20,403,900 |
Items this document does not state (15)
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 growth in the Company's corporate value and to improve talent retention.