Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
4,224 shares of the Company's common stock (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.
Total amount paid in: ¥10,771,200; 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 | 4,224 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥2,550 per share |
| Amount of funds to be raised | Total amount paid in: ¥10,771,200; estimated net proceeds: Not disclosed |
| Payment date | 24 July 2026 |
| Intended allottee | Name 2 of the Company's directors (excluding directors who are Audit & Supervisory Committee members) / Number of Shares 1,828 shares, Name 5 of the Company's executive officers / Number of Shares 2,396 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to third parties, pledged, made subject to a transfer security interest, gifted during the holder's lifetime, bequeathed or otherwise disposed of in any manner. The policy for holding the shares after the transfer restrictions are lifted is Not disclosed. |
| 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 stock on the Tokyo Stock Exchange on 25 June 2026, ¥2,550. No discount or premium. |
| Transfer restriction period | From 24 July 2026 until the date on which the allottees retire or resign from all positions as directors and executive officers of the Company |
| Conditions for lifting transfer restrictions | The allottees must continuously hold either a position as a director or an executive officer of the Company from 24 July 2026 until the date of the first annual general meeting of shareholders of the Company held thereafter. In the event of retirement or resignation for a valid reason, the restrictions will be lifted in part according to the period of service. |
| Reason for acquisition without consideration | If an allottee retires or resigns from all positions as a director and executive officer without a valid reason before the day preceding the date of the first annual general meeting of shareholders held thereafter. If any shares remain subject to the restrictions when the restriction period expires. If any shares remain subject to the restrictions as of the business day preceding the effective date of a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | Category Directors (excluding directors serving as Audit and Supervisory Committee members) / Number of Employees 2 / Number of allocated shares 1,828 shares, Category Executive officers / Number of Employees 5 / Number of allocated shares 2,396 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥10,771,200. The total amount of monetary compensation claims for the eligible directors is capped at ¥30 million per year. |
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 enable directors and executive officers to share with shareholders both the benefits and risks of share price fluctuations, and to increase their motivation to contribute to higher share prices and enhanced corporate value.