Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
7,072 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.
¥14,158,144
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 | 7,072 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,002 per share |
| Total issue value | ¥14,158,144 |
| Amount of funds to be raised | Total payment amount: ¥14,158,144; estimated net proceeds: Not disclosed |
| Payment date | 8 July 2026 |
| Intended allottee | 3 directors, excluding outside directors: 7,072 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period runs from 8 July 2026 to 7 July 2056. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Prime Market of the Tokyo Stock Exchange on 18 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,002. Discount/premium rate: Not disclosed |
| Transfer restriction period | From 8 July 2026 to 7 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds one of the following positions during the transfer restriction period, all of the allocated shares will be released from the transfer restriction on the expiration date of the transfer restriction period: director, audit & supervisory board member, or executive officer who does not concurrently serve as a director of the Company. In the event of retirement or resignation due to expiration of the term of office, mandatory retirement, or another legitimate reason, part or all of the transfer restriction will be released based on the prescribed calculation. |
| Reason for acquisition without consideration | The Company will acquire without consideration any allocated shares that remain subject to the transfer restriction as of the expiration of the transfer restriction period or the date on which the transfer restriction is released. In the event of a corporate reorganization or similar transaction, the Company will also acquire without consideration any shares that remain subject to the transfer restriction. |
| Categories and Number of Persons Covered | 3 directors, excluding outside directors: 7,072 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥14,158,144 |
| Impact on Business Performance | The impact of this disposal of treasury shares on business performance is not disclosed |
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.The purpose is to provide incentives for the sustainable enhancement of the Company's corporate value, promote value sharing with shareholders, secure talented personnel, and improve the motivation of the eligible directors and others.