Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
2,722 shares of the Company's common stock (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
Total payment amount: ¥5,806,026; estimated net proceeds: Not disclosed
No increase (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 | 2,722 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,133 per share |
| Amount of funds to be raised | Total payment amount: ¥5,806,026; estimated net proceeds: Not disclosed |
| Payment date | 17 July 2026 |
| Intended allottee | 4 directors of the Company, excluding directors who are Audit & Supervisory Committee members, outside directors and non-residents of Japan: 2,722 shares |
| Total number of issued shares | No increase (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 on 25 June 2026, ¥2,133. No discount or premium rate was disclosed. |
| Transfer restriction period | From 17 July 2026 until the date on which the recipient ceases to serve as a director of the Company |
| Conditions for lifting transfer restrictions | The recipient must continuously remain a director of the Company through the date of the first annual general meeting of shareholders held after 17 July 2026. In the event of retirement for a legitimate reason, the restrictions will be lifted for the number of shares corresponding to the recipient's months of service. |
| Reason for acquisition without consideration | If the recipient ceases to serve as a director before the day preceding the date of the first annual general meeting of shareholders to be held after 17 July 2026 without a reason deemed legitimate by the Board of Directors. If any shares remain subject to the restrictions when the restriction period expires. If the recipient ceases to serve as a director in connection with a corporate reorganization or similar transaction and any shares remain subject to the restrictions as of the business day preceding the effective date of the transaction. |
| Categories and Number of Persons Covered | 4 directors of the Company, excluding directors who are Audit & Supervisory Committee members, outside directors and non-residents of Japan: 2,722 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥5,806,026 (the annual limit for compensation relating to restricted stock is ¥50 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 enable the eligible directors 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.