Details of issuance or disposal
Disposal of treasury shares as restricted stock
8,253 shares of the Company's common stock (treasury shares)
¥7,349,297
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 | 8,253 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥890.5 per share |
| Total issue value | ¥7,349,297 |
| Amount of funds to be raised | Total amount to be paid: ¥7,349,297; estimated net proceeds: Not disclosed (contribution in kind of monetary claims paid as compensation) |
| Payment date | 24 July 2026 |
| Intended allottee | Category 1 senior executive officer / Number of Shares Not disclosed, Category 1 executive officer / Number of Shares Not disclosed |
| Intended allottee's holding policy | From 24 July 2026 until the date on which the eligible officers retire from their positions as employees of the Company, the shares may not be transferred, pledged as collateral or otherwise disposed of. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥890.5. No discount or premium applies. |
| Transfer restriction period | From 24 July 2026, the payment date, until the date on which the eligible officers retire from their positions as employees of the Company |
| Conditions for lifting transfer restrictions | The eligible officers must continuously remain employees of the Company throughout the service period from the date of the Company's annual general meeting of shareholders immediately preceding the payment date to the date of the Company's annual general meeting of shareholders held in the following year. In the event of retirement due to death or for another reason deemed justifiable by the Board of Directors, the restrictions will be released for the number of shares corresponding to the number of months in office. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period, the Company will automatically acquire without consideration any of the allocated shares for which the transfer restrictions have not been released. |
| Categories and Number of Persons Covered | 1 senior executive officer and 1 executive officer, totaling 8,253 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥7,349,297 |
| Underwriter / lead underwriter | Daiwa Securities Co., Ltd. (administrator of the account dedicated to restricted stock) |
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.To provide the eligible officers with an incentive to sustainably enhance the Company's corporate value and promote the sharing of value with shareholders.