Details of issuance or disposal
Issuance of new shares as restricted stock to employees
New shares: 32,300 common shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥13,727,500
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 to employees |
| Number of shares to be issued or disposed of | New shares: 32,300 common shares |
| Issue price and disposal price | ¥425 per share |
| Total issue value | ¥13,727,500 |
| Amount of funds to be raised | Total amount paid in: ¥13,727,500; estimated net proceeds: Not disclosed |
| Payment date | 13 May 2026 |
| Intended allottee | Name 2 employees of the Company / Number of Shares 32,300 shares |
| Intended allottee's holding policy | The shares may not be transferred, pledged, or otherwise disposed of during the 3-year period from 13 May 2026 through 12 May 2029. Subject to the recipients having continuously remained directors or employees of the Company, the transfer restrictions will be lifted on 13 May 2029. |
| Basis for determining the amount to be paid | The closing price of the Company’s common shares on the Tokyo Stock Exchange on 15 April 2026, ¥425. Discount/premium: none. |
| Transfer restriction period | 3 years (from 13 May 2026 through 12 May 2029) |
| Conditions for lifting transfer restrictions | Subject to the recipients having continuously remained directors or employees of the Company, the transfer restrictions will be lifted on 13 May 2029, the date on which the restriction period ends. |
| Reason for acquisition without consideration | All shares for which the transfer restrictions have not been lifted upon expiry of the restriction period will be acquired by the Company without consideration. If certain events occur, including resignation or retirement for personal reasons by a recipient, all or part of the shares will be acquired by the Company without consideration at that time. |
| Categories and Number of Persons Covered | 2 employees of the Company: 32,300 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥13,727,500 |
| Underwriter / lead underwriter | Daiwa Securities Co. Ltd. (administration of the account exclusively for restricted stock) |
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 employees with an incentive to achieve sustained growth in the Company’s corporate value.