Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
34,703 common shares of the Company (treasury 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.
¥53,407,917
The total number of issued shares will not increase because this is a disposal of treasury shares.
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 | 34,703 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,539 per share |
| Total issue value | ¥53,407,917 |
| Amount of funds to be raised | Total payment amount: ¥53,407,917; estimated net proceeds: Not disclosed |
| Payment date | 7 August 2026 |
| Intended allottee | Name 3 directors of the Company (excluding outside directors and directors who are Audit and Supervisory Committee members) / Number of Shares 6,723 shares, Name 11 employees of the Company serving as executive officers / Number of Shares 9,025 shares, Name 24 directors of the Company's subsidiaries / Number of Shares 18,955 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral, or otherwise disposed of. |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Prime Market on 16 July 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,539. No discount or premium was stated. |
| Transfer restriction period | Eligible directors and employees: from 7 August 2026 through 6 August 2056 (30 years). Eligible directors of subsidiaries: from 7 August 2026 through 6 August 2029 (3 years). |
| Conditions for lifting transfer restrictions | Provided that the recipient remains continuously in the relevant position throughout the transfer restriction period, all of the shares allotted under this arrangement will be released from the transfer restrictions upon expiry of the transfer restriction period. In the event of retirement from office or employment upon expiry of the recipient's term of office, for another legitimate reason, or due to death, some or all of the restrictions will be released in accordance with the prescribed calculation method. |
| Reason for acquisition without consideration | The Company will acquire for no consideration any allotted shares that remain subject to transfer restrictions upon expiry of the transfer restriction period or at the time the transfer restrictions are released. In the event of a corporate reorganization or similar event, the Company will also acquire for no consideration any shares that remain subject to transfer restrictions. |
| Categories and Number of Persons Covered | 3 directors of the Company: 6,723 shares; 11 employees of the Company serving as executive officers: 9,025 shares; 24 directors of the Company's subsidiaries: 18,955 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥53,407,917 |
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 an incentive to achieve sustained enhancement of the corporate value of the corporate group comprising the Company and its affiliated companies, and to promote the sharing of value with shareholders. The measure is also intended to further increase the motivation of the eligible directors and other recipients.