Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
400 treasury shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥465,600
As this is a disposal of treasury shares, the total number of issued shares will not increase
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 | 400 treasury shares |
| Issue price and disposal price | ¥1,164 per share |
| Total issue value | ¥465,600 |
| Amount of funds to be raised | Total payment amount: ¥465,600; estimated net proceeds: not disclosed |
| Specific use of funds | not disclosed (the transaction is a disposal of treasury shares for compensation purposes through an in-kind contribution of a monetary claim) |
| Payment date | 14 April 2026 |
| Intended allottee | 1 employee of the Company (400 shares) |
| Total number of issued shares | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Growth Market of the Tokyo Stock Exchange on 13 April 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,164. No discount or premium rate is stated. |
| Transfer restriction period | 15 May 2026 to 14 May 2029 |
| Conditions for lifting transfer restrictions | All of the allotted shares will become free of the transfer restrictions upon expiration of the transfer restriction period, provided that the allotment recipient has continuously held the position of senior manager of the Company throughout the transfer restriction period. If the recipient loses the position due to retirement at the mandatory retirement age or another legitimate reason, the restrictions will be lifted based on the prescribed calculation. |
| Reason for acquisition without consideration | If the allotment recipient commits a violation of laws or regulations during the transfer restriction period or otherwise falls under any of the circumstances specified in the allotment agreement, the Company will acquire all of the shares without consideration. The Company will also acquire without consideration any shares for which the transfer restrictions are not lifted upon expiration of the transfer restriction period or at another prescribed date for lifting the restrictions. |
| Categories and Number of Persons Covered | 1 employee of the Company, 400 shares |
| Total Stock-Based Compensation | Total monetary claim: ¥465,600 |
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 Company will grant the allotment recipient a monetary claim as restricted stock compensation for the 29th fiscal year and dispose of treasury shares by making the full amount of the claim an in-kind contribution.