Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
33,600 shares of the company’s common stock (6,600 shares for eligible directors, 2,000 shares for eligible Audit and Supervisory Committee members, and 25,000 shares for executive officers who do not concurrently serve as directors and employees)
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: ¥38,371,200; estimated net proceeds: Not disclosed
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 | 33,600 shares of the company’s common stock (6,600 shares for eligible directors, 2,000 shares for eligible Audit and Supervisory Committee members, and 25,000 shares for executive officers who do not concurrently serve as directors and employees) |
| Issue price and disposal price | ¥1,142 per share |
| Amount of funds to be raised | Total payment amount: ¥38,371,200; estimated net proceeds: Not disclosed |
| Payment date | Eligible directors and eligible Audit and Supervisory Committee members: 10 November 2026; eligible employees: 15 December 2026 |
| Intended allottee | Category 3 of the Company's directors, excluding directors serving as Audit & Supervisory Committee Members and outside directors / Number of Shares 6,600 shares, Category 3 of the company’s directors who are Audit and Supervisory Committee members / Number of Shares 2,000 shares, Category 2 executive officers who do not concurrently serve as directors / Number of Shares 1,800 shares, Category 153 of the company’s employees / Number of Shares 23,200 shares |
| Intended allottee's holding policy | During the transfer restriction period, transfers to third parties, the creation of security interests and any other disposal are prohibited, and the shares will be held in a designated account. |
| 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 stock on the Tokyo Stock Exchange Growth Market on 14 October 2026 was ¥1,142. The discount or premium rate was Not disclosed. |
| Transfer restriction period | Eligible directors: 10 November 2026 to 9 November 2029 (3 years); eligible Audit and Supervisory Committee members: 10 November 2026 until retirement from office; eligible employees: 15 December 2026 to 14 December 2029 (3 years) |
| Conditions for lifting transfer restrictions | For eligible directors, all transfer restrictions will be lifted upon expiration of the period if they remain continuously in the prescribed position during the transfer restriction period and achieve positive net income for the 27th fiscal year and at least 100% of the budget. For eligible Audit and Supervisory Committee members and eligible employees, all transfer restrictions will be lifted upon expiration of the period if they remain continuously in the prescribed position during the transfer restriction period. Upon retirement from office or employment for a legitimate reason, or in the event of a corporate reorganisation, the restrictions will be lifted based on a prescribed calculation method. |
| Reason for acquisition without consideration | If any shares remain subject to transfer restrictions upon expiration of the transfer restriction period or at the prescribed time for lifting the transfer restrictions. If any shares remain subject to transfer restrictions in the event of a corporate reorganisation. |
| Categories and Number of Persons Covered | 3 company directors (excluding directors who are Audit and Supervisory Committee members and outside directors): 6,600 shares; 3 directors who are Audit and Supervisory Committee members: 2,000 shares; 2 executive officers who do not concurrently serve as directors: 1,800 shares; 153 employees: 23,200 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥38,371,200. The annual compensation limits are ¥100 million or less for eligible directors and ¥20 million or less for eligible Audit and Supervisory Committee members. |
| Impact on Business Performance | The impact on financial results is Not disclosed |
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.To provide the eligible directors and others with an incentive to achieve sustained growth in the company’s corporate value and to enable them to share in shareholder value over the medium term.