Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
42,510 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.
¥77,878,320
As this is a disposal of treasury shares, an increase in the total number of issued shares is Not disclosed
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 | 42,510 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,832 per share |
| Total issue value | ¥77,878,320 |
| Amount of funds to be raised | Total payment amount: ¥77,878,320 (through an in-kind contribution of monetary compensation claims or monetary claims held by the recipients; estimated net proceeds: Not disclosed) |
| Payment date | 24 April 2026 |
| Intended allottee | Name 3 directors of the Company (excluding outside directors) / Number of Shares 23,661 shares, Name 4 executive officers of the Company (excluding those concurrently serving as directors and those without employment contracts) / Number of Shares 11,352 shares, Name 8 directors of the Company's subsidiaries / Number of Shares 7,497 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restriction period is from 24 April 2026 to 23 April 2029. |
| Total number of issued shares | As this is a disposal of treasury shares, an increase in the total number of issued shares is Not disclosed |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Prime Market of the Tokyo Stock Exchange on 25 March 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,832. No discount or premium is stated. |
| Transfer restriction period | 3 years (24 April 2026 to 23 April 2029) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted at the end of the transfer restriction period, provided that the recipient continuously holds one of the following positions throughout the transfer restriction period: director or executive officer of the Company or one of its subsidiaries, executive officer who does not concurrently serve as a director, audit & supervisory board member, employee, adviser, counselor, or another equivalent position. If the recipient leaves office or employment upon expiration of the term, mandatory retirement, or for another legitimate reason, the restrictions will be partially lifted in proportion to the period of service or employment. |
| Reason for acquisition without consideration | The Company will acquire without consideration any of the allocated shares whose transfer restrictions have not been lifted as of the expiration of the transfer restriction period or the date on which the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 23,661 shares, Category Executive officers of the Company (excluding those concurrently serving as directors and those without employment contracts) / Number of Employees 4 / Number of allocated shares 11,352 shares, Category Directors of subsidiaries of the Company / Number of Employees 8 independent officers / Number of allocated shares 7,497 shares |
| Total Stock-Based Compensation | Total monetary compensation claims and monetary claims: ¥77,878,320 |
| Impact on Business Performance | No impact on business performance was stated |
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.The purpose is to provide incentives for the sustained enhancement of corporate value, share value with shareholders, and further motivate each recipient.