Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
13,787 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.
¥11,994,690
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 | 13,787 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥870 per share |
| Total issue value | ¥11,994,690 |
| Payment date | 13 April 2026 |
| Intended allottee | Category 5 directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Shares 10,605 shares, Category 2 executive officers of the Company / Number of Shares 3,182 shares |
| Intended allottee's holding policy | During the restricted period, the shares may not be transferred, pledged, donated during the holder's lifetime or otherwise disposed of, and must be kept and maintained in a dedicated account until the transfer restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution, 25 March 2026, was ¥870. There is no discount or premium. |
| Transfer restriction period | From 13 April 2026 to 30 June 2029 |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds a position as a director, executive officer or employee of the Company or one of its subsidiaries during the restricted period, all of the allocated shares will have their transfer restrictions lifted upon expiry of the restricted period. If the recipient leaves office or retires before the expiry of the restricted period for a valid reason, or due to death, the transfer restrictions will be lifted for the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | If any allocated shares remain subject to transfer restrictions when the transfer restrictions are lifted. In the event of a corporate reorganization or similar transaction, if any shares remain subject to transfer restrictions after the restrictions are lifted. |
| Categories and Number of Persons Covered | Category The company’s directors, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of Employees 5 / Number of allocated shares 10,605 shares, Category Executive officers of the Company / Number of Employees 2 / Number of allocated shares 3,182 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥11,994,690 |
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 provide an incentive for the sustained enhancement of the Company's corporate value and further promote value sharing with shareholders, while taking into account the purpose of the system, the Company's performance and other relevant circumstances.