Details of issuance or disposal
Disposal of treasury shares as stock compensation
9,300 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.
¥6,677,400
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as stock compensation |
| Number of shares to be issued or disposed of | 9,300 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥718 per share |
| Total issue value | ¥6,677,400 |
| Amount of funds to be raised | Total payment amount: ¥6,677,400; estimated net proceeds: Not disclosed |
| Payment date | 1 May 2026 |
| Intended allottee | 4 of the Company's executive directors |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 27 March 2026, the business day preceding the date of the Board of Directors' resolution, was ¥718. No discount or premium applies. |
| Categories and Number of Persons Covered | 4 of the Company's executive directors; total number of shares allocated: 9,300 shares |
| Total Stock-Based Compensation | Amount of monetary remuneration claims granted: ¥6,677,400 |
| Procedures under the Corporate Code of Conduct | Approval of this plan was obtained through a resolution at the 21st Annual General Meeting of Shareholders held on 26 June 2019. |
Items this document does not state (17)
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 the eligible directors with an incentive to achieve sustained growth in corporate value and to promote value sharing between the eligible directors and shareholders. The shares will be delivered in exchange for the contribution in kind of monetary remuneration claims granted as consideration for services provided from 25 June 2025 to 30 March 2026.