Details of issuance or disposal
Issuance of stock acquisition rights (stock options)
Up to 400,000 shares of the Company's common stock
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of stock acquisition rights (stock options) |
| Number of shares to be issued or disposed of | Up to 400,000 shares of the Company's common stock |
| Intended allottee | Directors of the Company's subsidiaries and employees of the Company and its subsidiaries, including individuals who concurrently serve as directors of the Company |
| Basis for determining the amount to be paid | The exercise price will be the average closing price on each trading day in the month preceding the month in which the stock acquisition rights are allotted. However, if this amount is lower than the closing price on the allotment date, the exercise price will be the closing price on the allotment date multiplied by 1.05. |
| Exercise price | The average closing price on each trading day in the month preceding the month in which the stock acquisition rights are allotted. However, the closing price on the allotment date multiplied by 1.05 will serve as the floor. Adjustment provisions apply in the event of a stock split, reverse stock split or similar event. |
| Exercise period | 3 years beginning on the first day of the month following the month in which 2 years have elapsed from the allotment date of the stock acquisition rights |
| Number of Stock Acquisition Rights | Up to 4,000 stock acquisition rights. Not disclosed remain unexercised |
| Reason for acquisition without consideration | If a merger, company split, share exchange, share transfer or reverse stock split, or similar transaction, is approved, or if the stock acquisition rights can no longer be exercised because the exercise conditions are no longer satisfied |
| Categories and Number of Persons Covered | Directors of the Company's subsidiaries and employees of the Company and its subsidiaries, including individuals who concurrently serve as directors of the Company. The number of recipients and the number of shares allotted by category are Not disclosed |
| Procedures under the Corporate Code of Conduct | To be submitted to the 38th Annual General Meeting of Shareholders scheduled for 28 August 2026 |
Items this document does not state (18)
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 motivate and boost morale toward improving performance, secure talented personnel, and contribute to increasing the corporate value of the Company Group as a whole. The Company is also looking ahead to transitioning to a pure holding company structure.