Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
22,185 treasury common 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.
¥70,770,150
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 | 22,185 treasury common shares |
| Issue price and disposal price | ¥3,190 per share |
| Total issue value | ¥70,770,150 |
| Payment date | 8 July 2026 |
| Intended allottee | Name 3 directors of the Company (excluding outside directors) / Number of Shares 10,657 shares, Name 11 of the Company’s executive officers / Number of Shares 11,528 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged, made subject to a security interest by way of transfer, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any way. The holding policy after the transfer restrictions are lifted is Not disclosed. |
| 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 shares on the Tokyo Stock Exchange on 22 June 2026, the business day immediately preceding the date of the Board of Directors' resolution, was ¥3,190. No discount or premium applies. |
| Transfer restriction period | From 8 July 2026 until the date on which the recipient ceases to hold any position as a director, executive officer or employee of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously hold a position as a director, executive officer or employee of the Company through the date of the first annual general meeting of shareholders held after 8 July 2026. If the recipient ceases to hold such a position or retires for a valid reason, a portion of the restrictions will be lifted in proportion to the period of service. |
| Reason for acquisition without consideration | If the recipient ceases to hold such a position or retires without a valid reason before the date of the first annual general meeting of shareholders, or if any shares remain subject to restrictions when the restriction period expires. The Company will also acquire without consideration any shares that remain subject to restrictions as of the business day immediately preceding the effective date of a corporate reorganisation or similar transaction. |
| Categories and Number of Persons Covered | 3 directors of the Company, excluding outside directors, and 10,657 shares; 11 executive officers of the Company and 11,528 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥70,770,150. The annual compensation limit for the eligible directors is ¥200,000 thousand or less. |
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 enable the directors and executive officers to share with shareholders both the benefits and risks of share price fluctuations and to increase their motivation to contribute to higher share prices and enhanced corporate value.