Details of issuance or disposal
Disposal of treasury shares as restricted stock
39,679 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.
Total payment amount: ¥52,177,885 (estimated net proceeds: Not disclosed)
As this is a disposal of treasury shares, the total number of issued shares will not increase
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 | 39,679 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥1,315 per share |
| Amount of funds to be raised | Total payment amount: ¥52,177,885 (estimated net proceeds: Not disclosed) |
| Payment date | 26 June 2026 |
| Intended allottee | Name 370 employees of the Company / Number of Shares 39,679 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period runs from 26 June 2026 until immediately after the applicable employees reach the mandatory retirement age. |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Prime Market on 5 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,315. The discount or premium rate is Not disclosed. |
| Transfer restriction period | From 26 June 2026 until immediately after the applicable employees reach the mandatory retirement age |
| Conditions for lifting transfer restrictions | Subject to the applicable employees continuously retaining their status as employees of the Company or its subsidiaries throughout the transfer restriction period, all transfer restrictions on the shares allocated under this arrangement will be lifted on the expiration date of the transfer restriction period. If an employee retires for a legitimate reason, including retirement due to death but excluding voluntary resignation, the transfer restrictions will be lifted immediately after retirement. In the event of a corporate reorganization or similar transaction, all transfer restrictions will be lifted by resolution of the Board of Directors immediately before the business day preceding the effective date. |
| Reason for acquisition without consideration | The Company will automatically acquire for no consideration all shares allocated under this arrangement whose transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | 370 employees of the Company, 39,679 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥52,177,885 |
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 employees with a long-term incentive, promote improved business performance and sustained enhancement of corporate value, and further share value with shareholders.