Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
9,800 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.
¥43,227,800
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 | 9,800 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥4,411 per share |
| Total issue value | ¥43,227,800 |
| Payment date | 17 July 2026 |
| Intended allottee | Category 3 directors of the Company (excluding outside directors) / Number of Shares 8,900 shares, Category 1 director of a subsidiary of the Company / Number of Shares 900 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred to any third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed, or otherwise disposed of in any manner. |
| Basis for determining the amount to be paid | The closing price of the Company’s common stock on the Tokyo Stock Exchange on 26 June 2026, ¥4,411. No discount or premium applies. |
| Transfer restriction period | From 17 July 2026 until the date on which the allottee ceases to hold any position as a director, audit & supervisory board member, or executive officer of the Company or a designated subsidiary of the Company. However, if the allottee ceases to hold such a position on or before 30 June 2027, the restriction period will continue until 1 July 2027. |
| Conditions for lifting transfer restrictions | The allottee must continuously hold the prescribed position through the annual shareholders meeting of the Company or the relevant subsidiary that occurs first after the commencement date of the restriction period. If the allottee ceases to hold the position for a legitimate reason, the restrictions will be lifted in part in proportion to the period of service. |
| Reason for acquisition without consideration | If the allottee ceases to hold the position without a legitimate reason by the day before the prescribed annual shareholders meeting, if any shares remain subject to restrictions because the conditions for lifting the restrictions have not been satisfied, or if any shares remain subject to restrictions in connection with a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | 3 directors of the Company (excluding outside directors), 8,900 shares; 1 director of a subsidiary of the Company, 900 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥43,227,800 (the annual compensation limit is ¥70 million or less) |
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 share the risk of share price fluctuations with shareholders and increase recipients’ motivation to contribute to share price appreciation and the enhancement of corporate value.