Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Treasury shares: 50,000 common shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥50,950,000
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 | Treasury shares: 50,000 common shares |
| Issue price and disposal price | ¥1,019 per share |
| Total issue value | ¥50,950,000 |
| Payment date | 25 December 2026 |
| Intended allottee | Name 500 employees of the Company / Number of Shares 50,000 shares |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 24 September 2026, the business day preceding the date of the Board of Directors’ resolution: ¥1,019 |
| Transfer restriction period | From 25 December 2026 to 1 June 2028 |
| Conditions for lifting transfer restrictions | Subject to the recipients continuously remaining employees of the Company throughout the restriction period, all of the shares allotted herein will be released from the transfer restrictions upon expiry of the restriction period. If a recipient loses employee status due to death, mandatory retirement (upon expiry of the re-employment period for re-employed employees), or another reason deemed legitimate by the Company’s Board of Directors, all of the shares will be released from the transfer restrictions at that time. |
| Reason for acquisition without consideration | At the expiration of the restriction period or another time specified in the agreement, the Company will automatically acquire without consideration any allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 500 employees of the Company; 50,000 shares |
| Total Stock-Based Compensation | Total monetary receivables granted to the recipients: ¥50,950,000 |
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.The purpose is to enhance employee benefits, increase employees’ awareness of participating in management, and promote the sharing of value with shareholders.