Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
5,687 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.
¥14,228,874
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 | 5,687 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,502 per share |
| Total issue value | ¥14,228,874 |
| Amount of funds to be raised | Total payment amount: ¥14,228,874; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Name Directors of the Company (excluding outside directors) / Number of Employees 6 / Number of Shares 5,687 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of. The shares will be managed in a dedicated account. |
| 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 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,502. No discount or premium rate is stated. |
| Transfer restriction period | From 24 July 2026 until immediately after the eligible director resigns or retires from a designated position at the Company or one of its subsidiaries |
| Conditions for lifting transfer restrictions | The eligible director must continuously hold a designated position from the date on which the director begins performing duties until immediately before the conclusion of the first general meeting of shareholders held thereafter. In the event of resignation or retirement upon expiration of the term of office, mandatory retirement or another legitimate reason, the restrictions will be lifted immediately after resignation or retirement with respect to the number of shares corresponding to the period of service. |
| Reason for acquisition without consideration | If the eligible director commits a violation of laws or regulations or otherwise falls under any of the events stipulated in the restricted stock allotment agreement during the restricted transfer period. Also, if any shares remain subject to restrictions when the restricted transfer period expires or the restrictions are lifted. |
| Categories and Number of Persons Covered | 6 directors of the Company (excluding outside directors), 5,687 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥14,228,874 |
| Impact on Business Performance | The impact of this disposal of treasury shares on financial results is Not disclosed. |
Items this document does not state (13)
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 the eligible directors with an incentive to sustainably enhance corporate value and promote value sharing with shareholders. The purpose is also to further increase the motivation of each eligible director.