Worth reading
43Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
75300
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much75,300Shares
75,300 common shares (treasury shares)
1 director of the Company (excluding outside directors)16,100 shares
4 executive officers of the Company19,200 shares
3 division heads of the Company9,600 shares
19 managers and others of the Company30,400 shares
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
¥309 per share
Total issue value
¥23,267,700
Amount of funds to be raised
Total payment amount: ¥23,267,700; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥23,267,700. The annual compensation limit for eligible directors is ¥30 million.
Conditions on transfer restrictions
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.
Transfer restriction period
From 18 September 2026 to 18 September 2029 (3 years)
Conditions for lifting transfer restrictions
The transfer restrictions will be fully lifted at the end of the period, provided that the eligible recipient has continuously held one of the positions of director, audit & supervisory board member, executive officer or employee of the Company or one of its subsidiaries during the restriction period. If the recipient resigns or retires for a legitimate reason or dies, the restrictions will be lifted on the number of shares corresponding to the period of service.
Reason for acquisition without consideration
If any shares remain subject to transfer restrictions when the restrictions are lifted, the Company will automatically acquire those shares without consideration. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares that remain subject to transfer restrictions after the restrictions are lifted.
Categories and Number of Persons Covered
1 director of the Company (excluding outside directors): 16,100 shares; 4 executive officers of the Company: 19,200 shares; 3 division heads of the Company: 9,600 shares; 19 managers and others of the Company: 30,400 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.
Payment date
18 September 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 20 August 2026 was ¥309. No discount or premium rate was stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 75,300 common shares (treasury shares) |
| Issue price and disposal price | ¥309 per share |
| Total issue value | ¥23,267,700 |
| Amount of funds to be raised | Total payment amount: ¥23,267,700; estimated net proceeds: Not disclosed |
| Payment date | 18 September 2026 |
| Intended allottee | Name 1 director of the Company (excluding outside directors) / Number of Shares 16,100 shares, Name 4 executive officers of the Company / Number of Shares 19,200 shares, Name 3 division heads of the Company / Number of Shares 9,600 shares, Name 19 managers and others of the Company / Number of Shares 30,400 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 20 August 2026 was ¥309. No discount or premium rate was stated. |
| Transfer restriction period | From 18 September 2026 to 18 September 2029 (3 years) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted at the end of the period, provided that the eligible recipient has continuously held one of the positions of director, audit & supervisory board member, executive officer or employee of the Company or one of its subsidiaries during the restriction period. If the recipient resigns or retires for a legitimate reason or dies, the restrictions will be lifted on the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | If any shares remain subject to transfer restrictions when the restrictions are lifted, the Company will automatically acquire those shares without consideration. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares that remain subject to transfer restrictions after the restrictions are lifted. |
| Categories and Number of Persons Covered | 1 director of the Company (excluding outside directors): 16,100 shares; 4 executive officers of the Company: 19,200 shares; 3 division heads of the Company: 9,600 shares; 19 managers and others of the Company: 30,400 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥23,267,700. The annual compensation limit for eligible directors is ¥30 million. |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance
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 recipients with an incentive to achieve sustained growth in the Company's corporate value and promote value sharing with shareholders. The Company also took into consideration the purpose of the plan, its business performance and other relevant factors.
How to read this page
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.