Details of issuance or disposal
Disposal of treasury shares as restricted stock
52,379 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.
¥35,931,994
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 |
| Number of shares to be issued or disposed of | 52,379 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥686 per share |
| Total issue value | ¥35,931,994 |
| Payment date | 29 July 2026 |
| Intended allottee | Name 108 employees of the Company / Number of Shares 52,379 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 will run from 29 July 2026 until the date on which the relevant employee leaves the Company. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Standard Market on 14 May 2026, the business day preceding the date of the Board of Directors' resolution, was ¥686. No discount or premium was applied. |
| Transfer restriction period | From 29 July 2026 until the date on which the relevant employee leaves the Company |
| Conditions for lifting transfer restrictions | Provided that the relevant employee continuously holds a position as an officer or employee of the Company or one of its subsidiaries during the service period from 29 July 2026 through 28 July 2027, the transfer restrictions on all of the shares allotted herein will be lifted upon expiration of the transfer restriction period. |
| Reason for acquisition without consideration | If the relevant employee engages in an act in violation of laws or regulations during the transfer restriction period, or if the Board of Directors determines that the employee has materially violated the Company's internal rules or the agreement governing the shares allotted herein, among other cases. If the transfer restrictions are not lifted upon expiration of the transfer restriction period, the Company will also acquire the shares without consideration immediately before the business day preceding the effective date of a corporate reorganization or other event, or if the relevant employee leaves office or employment from all positions as an officer or employee of the Company or one of its subsidiaries during the transfer restriction period. |
| Categories and Number of Persons Covered | 108 employees of the Company, 52,379 shares |
| Total Stock-Based Compensation | ¥35,931,994 in monetary claims granted as an incentive using restricted stock |
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 introduce a compensation program for the Company's employees aimed at enhancing their financial resources for life after retirement through the use of restricted stock.