Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
12,424 treasury shares
The lower thin line represents the existing number of shares to which these shares will be added.
Total payment amount: ¥24,177,104; estimated net proceeds: Not disclosed
The total number of issued shares will not increase (disposal of treasury shares)
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 | 12,424 treasury shares |
| Issue price and disposal price | ¥1,946 per share |
| Amount of funds to be raised | Total payment amount: ¥24,177,104; estimated net proceeds: Not disclosed |
| Payment date | 10 July 2026 |
| Intended allottee | Name 6 of the Company's directors, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of Shares 12,424 shares |
| Total number of issued shares | The total number of issued shares will not increase (disposal of treasury shares) |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 24 June 2026, which was ¥1,946. No discount or premium is specified. |
| Transfer restriction period | From 10 July 2026 to 9 July 2056 (30 years) |
| Conditions for lifting transfer restrictions | Provided that the director remains in office continuously through the date of the first annual general meeting of shareholders held after 10 July 2026, all of the allocated shares held at the end of the restriction period will be released from the transfer restrictions. If the director leaves office for a valid reason, a portion of the shares will be released in proportion to the period of service. |
| Reason for acquisition without consideration | If the director leaves office without a valid reason before the day preceding the date of the first annual general meeting of shareholders held after 10 July 2026. The Company will also acquire without consideration any shares that remain subject to the restrictions at the end of the restriction period, as well as any shares that remain subject to the restrictions due to a corporate reorganization or similar event. |
| Categories and Number of Persons Covered | 6 of the Company's directors, excluding directors who are Audit and Supervisory Committee members and outside directors; 12,424 shares |
| Total Stock-Based Compensation | Total monetary remuneration receivables: ¥24,177,104 (annual remuneration limit: no more than ¥48 million) |
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 align the directors' interests with shareholders by sharing the benefits and risks of share price fluctuations and to enhance their motivation to contribute to an increase in the share price and corporate value.