Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
31,050 shares of the Company's common stock (treasury 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.
¥26,640,900
The total number of issued shares will not increase because this is a disposal of treasury shares.
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 | 31,050 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥858 per share |
| Total issue value | ¥26,640,900 |
| Payment date | 12 August 2026 |
| Intended allottee | Category Directors of the Company (excluding outside directors) / Number of Employees 4 / Number of Shares 13,402 shares, Category Directors of subsidiaries of the Company / Number of Employees 8 independent officers / Number of Shares 13,575 shares, Category The Company's executive officers / Number of Employees 1 / Number of Shares 1,165 shares, Category Executive officers of the Company's subsidiaries / Number of Employees 1 / Number of Shares 1,165 shares, Category Employees of the Company / Number of Employees 1 / Number of Shares 116 shares, Category Employees of the Company’s subsidiaries / Number of Employees 8 independent officers / Number of Shares 1,627 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral, or otherwise disposed of. |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 9 July 2026, which was ¥858. No discount or premium was stated. |
| Transfer restriction period | Directors and executive officers: 12 August 2026 to 11 August 2061. Employees: 12 August 2026 to 11 August 2029. |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted when the transfer restriction period expires, provided that the recipient has continuously held one of the following positions at the Company or one of its subsidiaries during the transfer restriction period: director, executive officer, executive officer who does not concurrently serve as a director, Audit & Supervisory Board Member, employee, advisor, consultant, or another equivalent position. If the recipient leaves office or employment upon expiration of the term of office, reaching retirement age, or for another legitimate reason, the restrictions will be lifted on the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | The Company will acquire without consideration any shares allotted under this plan for which the transfer restrictions have not been lifted when the transfer restriction period expires or when the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | 4 directors, 1 executive officer and 1 employee of the Company, and 8 directors, 1 executive officer and 8 employees of the Company's subsidiaries, for a total of 23 people. The corresponding numbers of shares allotted are 13,402 shares, 1,165 shares, 116 shares, 13,575 shares, 1,165 shares and 1,627 shares, respectively. |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥26,640,900. The annual compensation limit for restricted stock compensation is ¥30 million. |
| Impact on Business Performance | No impact on financial results from this disposal of treasury shares is stated. |
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.The shares will be disposed of under the restricted stock compensation plan to provide directors and other eligible personnel of the Company and its subsidiaries with medium- to long-term incentives and to promote the sharing of shareholder value.