Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
34,800 treasury shares
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
Total payment amount: ¥39,358,800 (estimated net proceeds: Not disclosed)
The total number of issued shares will not 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 | 34,800 treasury shares |
| Issue price and disposal price | ¥1,131 per share |
| Amount of funds to be raised | Total payment amount: ¥39,358,800 (estimated net proceeds: Not disclosed) |
| Payment date | 17 July 2026 |
| Intended allottee | Name 4 of the Company's directors, excluding outside directors / Number of Shares 13,800 shares, Name 12 executive officers of the company who do not concurrently serve as directors / Number of Shares 21,000 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 17 July 2026 until immediately after the recipient retires from the designated position. |
| Total number of issued shares | The total number of issued shares will not increase (disposal of treasury shares) |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the TSE Standard Market on 18 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,131. The discount rate and premium rate were Not disclosed. |
| Transfer restriction period | From 17 July 2026, the disposal date, until immediately after the recipient retires from the position of director of the Company, executive officer who does not concurrently serve as a director, audit & supervisory board member, or any equivalent position |
| Conditions for lifting transfer restrictions | Provided that the recipient continuously holds the designated position during the service period, all of the allocated shares will be released from the transfer restrictions when the transfer restriction period expires. If the recipient retires due to the expiration of the term of office or another legitimate reason, the restrictions will be released immediately after retirement with respect to the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | The Company will automatically acquire without consideration any allocated shares whose transfer restrictions have not been released when the transfer restriction period expires or when the transfer restrictions are released. In the event of a corporate reorganization or other similar event, the Company will also acquire without consideration any shares that remain subject to transfer restrictions after the release of the transfer restrictions. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 4 / Number of allocated shares 13,800 shares, Category The Company's executive officers who do not concurrently serve as directors / Number of Employees 12 / Number of allocated shares 21,000 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims: ¥39,358,800. The annual remuneration limit for monetary remuneration claims granted to eligible directors is ¥25 million or less. |
Items this document does not state (14)
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 the eligible directors and other eligible recipients with medium- to long-term incentives, share value with shareholders, and further enhance their motivation. The number of shares to be disposed of and other terms were determined after taking into consideration the purpose of the plan, the Company's operating performance, the scope of responsibilities of each eligible director and other eligible recipient, and other relevant factors.