Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
17,362 shares of the company’s common stock (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥28,786,196
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 | 17,362 shares of the company’s common stock (treasury shares) |
| Issue price and disposal price | ¥1,658 per share |
| Total issue value | ¥28,786,196 |
| Payment date | 31 July 2026 |
| Intended allottee | Name 93 employees of the company / Number of Shares 17,362 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 runs from 31 July 2026 to 31 May 2027. |
| Basis for determining the amount to be paid | The closing price of the company’s common stock in ordinary trading on 19 May 2026, the business day preceding the date of the board resolution, was ¥1,658. No discount or premium applies. |
| Transfer restriction period | 31 July 2026–31 May 2027 |
| Conditions for lifting transfer restrictions | In principle, the transfer restrictions will be lifted on the day following the final day of the transfer restriction period. If an eligible employee dies, the restrictions will be lifted at the time of death. In the event of a corporate reorganization or similar transaction, the restrictions will be lifted immediately before the business day preceding the effective date. |
| Reason for acquisition without consideration | If an eligible employee violates any law, regulation, or the company’s internal rules, all of the restricted stock allotted to that employee will be acquired by the company without consideration. Other grounds for acquisition without consideration will be stipulated in the allotment agreement based on a board resolution. |
| Categories and Number of Persons Covered | 93 employees of the company; 17,362 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥28,786,196 |
Items this document does not state (15)
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 increase the eligible employees’ motivation and morale to improve the consolidated performance of the 山田コンサルティンググループ group. The company also took its performance and other relevant circumstances into consideration.