Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
90,200 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥138,908,000
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 | 90,200 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,540 per share |
| Total issue value | ¥138,908,000 |
| Payment date | 9 June 2026 |
| Intended allottee | 63 employees of the Company, 90,200 shares |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 1 May 2026, ¥1,540. No discount or premium. |
| Transfer restriction period | One-quarter of the shares each, from 9 June 2026 to 9 June 2027, 9 June 2028, 9 June 2029 and 9 June 2030 |
| Conditions for lifting transfer restrictions | The transfer restrictions on all applicable shares will be lifted upon the expiry of each restriction period, provided that the recipient has continuously held a position as an officer or employee of the Company or one of its subsidiaries throughout the relevant transfer restriction period. In the event of death, inability to perform duties due to illness or injury, leave of absence or a similar circumstance, the restrictions will be lifted on the number of shares calculated according to the prescribed formula based on the period of service. |
| Reason for acquisition without consideration | Upon expiry of the transfer restriction period, the Company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 63 employees of the Company, 90,200 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥138,908,000 |
Items this document does not state (16)
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 employees with an incentive to achieve sustained growth in the Company's corporate value, promote value sharing with shareholders, and encourage medium- to long-term, continuous service and other related objectives.