Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Treasury shares: 10,560 common shares
The lower thin line represents the existing number of shares to which these shares will be added.
Total payment amount: ¥18,965,760; estimated net proceeds: Not disclosed
As this is a disposal of treasury shares, the total number of issued shares will not increase
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 | Treasury shares: 10,560 common shares |
| Issue price and disposal price | ¥1,796 per share |
| Amount of funds to be raised | Total payment amount: ¥18,965,760; estimated net proceeds: Not disclosed |
| Payment date | 26 June 2026 |
| Intended allottee | Name 5 directors, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of Shares 10,560 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 | As this is a disposal of treasury shares, the total number of issued shares will not increase |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 10 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥1,796. The Company explained that this was not a particularly favorable price. The discount rate and premium rate are Not disclosed. |
| Transfer restriction period | From the disposal date until immediately after the relevant director retires from office as a director of the Company. However, if the retirement date is on or before 31 May 2027, the period will continue until 1 June 2027. |
| Conditions for lifting transfer restrictions | Subject to continuous service as a director of the Company throughout the service provision period, all of the shares held will have their transfer restrictions lifted when the transfer restriction period expires. If a director retires for a legitimate reason or due to death, the restrictions will be lifted on the number of shares corresponding to the number of months in office. In the event of a reorganization or similar event, the restrictions will be lifted on a prescribed percentage of the shares pursuant to a resolution of the Board of Directors. |
| Reason for acquisition without consideration | Immediately after the expiration of the transfer restriction period or the prescribed date for lifting the transfer restrictions, the Company will acquire without consideration all of the allocated shares whose transfer restrictions have not been lifted at that time. |
| Categories and Number of Persons Covered | 5 directors, excluding directors who are Audit and Supervisory Committee members and outside directors; total of 10,560 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims: ¥18,965,760 (the annual remuneration limit under the scheme is ¥50 million or less) |
Items this document does not state (14)
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 promote sustained enhancement of corporate value and further share value with shareholders.