Details of issuance or disposal
Issuance of share subscription rights as stock compensation stock options
49,000 common shares (490 stock acquisition rights, 100 shares per right)
The amount payable upon issuance of the stock acquisition rights is ¥0. The total amount payable upon exercise is ¥49,000 if all rights are exercised.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of share subscription rights as stock compensation stock options |
| Number of shares to be issued or disposed of | 49,000 common shares (490 stock acquisition rights, 100 shares per right) |
| Issue price and disposal price | The stock acquisition rights are issued free of charge; the exercise price is ¥1 per share. |
| Amount of funds to be raised | The amount payable upon issuance of the stock acquisition rights is ¥0. The total amount payable upon exercise is ¥49,000 if all rights are exercised. |
| Intended allottee | Name Employees of the Company and directors and employees of its subsidiaries / Number of Employees 67 / Number of stock acquisition rights 490 units |
| Basis for determining the amount to be paid | The stock acquisition rights are issued free of charge. The exercise price is ¥1 per share, and no reference closing price, average share price, discount rate or premium rate is disclosed. |
| Exercise price | The initial exercise price is ¥1 per share. There is no adjustment clause; the price is fixed. |
| Exercise period | Start Date 13 November 2028 / End date 12 November 2030 (if the final day is not a bank business day, the preceding bank business day) |
| Number of Stock Acquisition Rights | Total number issued 490 units / Unexercised balance Not disclosed |
| Reason for acquisition without consideration | If approval is granted for a merger or other transaction in which the Company becomes the disappearing company, or if a holder becomes unable to exercise the rights before exercising them due to the exercise conditions, the Company may acquire all or part of the relevant stock acquisition rights free of charge upon the arrival of a date separately determined by the Board of Directors. |
| Categories and Number of Persons Covered | 67 Company employees and directors and employees of the Company's subsidiaries, 490 units |
| Procedures under the Corporate Code of Conduct | Resolved at the Board of Directors meeting held on 26 October 2026. There is no disclosure regarding obtaining an opinion from an independent third party or confirming shareholders' intent. |
Items this document does not state (16)
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 have recipients share with shareholders not only the benefits of a rise in the share price but also the risks of a decline, thereby increasing their motivation and morale to contribute to improving corporate value over the medium to long term.