Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
12,110 common shares of the Company (treasury shares)
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
¥168,813,400
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 | 12,110 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥13,940 per share |
| Total issue value | ¥168,813,400 |
| Payment date | 24 July 2026 |
| Intended allottee | Category Directors of the Company (excluding directors who are Audit and Supervisory Committee members and outside directors) / Number of Employees 2 / Number of Shares 2,006 shares, Category The Company's executive officers / Number of Employees 14 / Number of Shares 5,000 shares, Category The Company's fellows / Number of Employees 2 / Number of Shares 485 shares, Category Employees of the Company / Number of Employees 5 / Number of Shares 799 shares, Category Directors of subsidiaries of the Company / Number of Employees 19 in total / Number of Shares 3,820 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged or otherwise disposed of. The restriction period runs from 24 July 2026 until the date on which the holder loses the designated position at the Company or one of its subsidiaries. |
| Basis for determining the amount to be paid | The closing price of the Company’s common stock on the Tokyo Stock Exchange on 24 June 2026, the business day preceding the date of the Board of Directors’ resolution, was ¥13,940. No discount or premium was applied. |
| Transfer restriction period | From 24 July 2026 until the date on which the holder loses any position as a director, executive officer, Fellow or employee of the Company, or as a director or executive officer of a subsidiary of the Company |
| Conditions for lifting transfer restrictions | From 24 July 2026, the target directors must continuously hold the designated position until the conclusion of the ordinary general meeting of shareholders for the fiscal year ending March 2027, while employees, executive officers and Fellows must continuously hold the designated position until 31 March 2027. If a holder loses the position due to death or another reason deemed justifiable by the Company’s Board of Directors, the transfer restrictions on the number of shares corresponding to the period of service will be lifted. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period or any other time specified in the agreement, the Company will acquire without consideration any of the allocated shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 2 Company directors, 2,006 shares; 14 Company executive officers, 5,000 shares; 2 Company Fellows, 485 shares; 5 Company employees, 799 shares; 19 directors of the Company’s subsidiaries in total, 3,820 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥168,813,400 (for the Company’s directors, executive officers, Fellows and employees, and directors of its subsidiaries) |
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 provide an incentive for the sustained improvement of the Group’s medium- to long-term corporate value and shareholder value and to promote the sharing of value with shareholders. The Company also took into consideration the Group’s performance, the scope of responsibilities of each allottee and other relevant circumstances.