Details of issuance or disposal
Issuance of new shares as restricted stock compensation
75,936 common shares of the Company (new 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.
¥56,496,384
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 | Issuance of new shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 75,936 common shares of the Company (new shares) |
| Issue price and disposal price | ¥744 per share |
| Total issue value | ¥56,496,384 |
| Amount of funds to be raised | Total amount paid in: ¥56,496,384; estimated net proceeds: Not disclosed |
| Payment date | 10 April 2026 |
| Intended allottee | Category 4 of the Company's directors, excluding directors who are Audit & Supervisory Committee members / Number of Shares 26,880 shares, Category 7 of the Company's executive officers / Number of Shares 9,408 shares, Category 53 employees of the company / Number of Shares 39,648 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to a third party, pledged, used to create a security interest by way of transfer, gifted inter vivos, bequeathed or otherwise disposed of in any manner. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 25 March 2026 was ¥744. This was the closing price on the business day immediately preceding the pricing date, with no discount or premium. |
| Transfer restriction period | 10 April 2026 to 9 April 2030 (4 years) |
| Conditions for lifting transfer restrictions | Provided that the holder remains continuously in any position as a director, executive officer or employee of the Company or an affiliated company through the date of the first annual general meeting of shareholders held after 10 April 2026, the transfer restrictions will be lifted for all of the allocated shares held by the holder at the end of the restriction period. In the event of departure from office or retirement for a valid reason, the restrictions will be lifted for part of the shares based on the number of months from April 2026 through the month including the date of departure or retirement, divided by 12. |
| Reason for acquisition without consideration | If, between the commencement date of this transfer restriction period and the day before the date of the first annual general meeting of shareholders held after that date, the holder departs from office or retires from all positions as a director, executive officer or employee of the Company or an affiliated company without a valid reason. If any shares remain subject to transfer restrictions at the end of the restriction period. If any shares remain subject to transfer restrictions as of the business day immediately preceding the effective date of a corporate reorganization or other similar transaction. |
| Categories and Number of Persons Covered | Category Directors (excluding directors serving as Audit and Supervisory Committee members) / Number of Employees 4 / Number of allocated shares 26,880 shares, Category Executive officers / Number of Employees 7 / Number of allocated shares 9,408 shares, Category Employees / Number of Employees 53 / Number of allocated shares 39,648 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥56,496,384. The annual compensation limit for directors is ¥50 million or less, of which compensation for outside directors is ¥10 million or less. |
| Procedures under the Corporate Code of Conduct | At the 12th annual general meeting of shareholders held on 26 March 2026, approval was obtained for the introduction of the restricted stock compensation plan and the total amount of compensation receivables, the maximum number of shares and other matters. |
| Impact on Business Performance | No disclosure has been made regarding the impact on financial results: Not disclosed |
Items this document does not state (12)
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 enable the allottees to share with shareholders both the benefits and risks of fluctuations in the share price, thereby enhancing their motivation to contribute to an increase in the share price and corporate value.