Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
33,660 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥83,880,720
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 | 33,660 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,492 per share |
| Total issue value | ¥83,880,720 |
| Payment date | 7 August 2026 |
| Intended allottee | Name 8 directors of the Company (excluding outside directors) / Number of Shares 33,660 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 is from 7 August 2026 to 6 August 2029. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 9 July 2026, ¥2,492. No discount or premium applies. |
| Transfer restriction period | 3 years (from 7 August 2026 to 6 August 2029) |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a position as a director of the Company or one of its subsidiaries, an executive officer who does not concurrently serve as a director, a corporate auditor, employee, adviser, consultant or other equivalent position during the transfer restriction period, all of the allocated shares will be released from the transfer restrictions upon expiration of the transfer restriction period. In the event of retirement or resignation upon expiration of a term of office, mandatory retirement or other legitimate grounds, the transfer restrictions will be released for the number of shares corresponding to the 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 released at the expiration of the transfer restriction period or at the time the transfer restrictions are released. |
| Categories and Number of Persons Covered | 8 directors of the Company (excluding outside directors), 33,660 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥83,880,720 (the compensation limit under the Plan is no more than ¥360 million per year) |
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.The purpose is to secure talented personnel as officers and employees and further enhance the motivation of each eligible director, taking into consideration the purpose of the Plan, the Company's business performance, the scope of each eligible director's responsibilities and other relevant circumstances. The Company also aims to achieve the sharing of shareholder value over the medium to long term.