Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation and performance-linked stock compensation
Restricted Stock Compensation 19,000 shares / Performance-linked share compensation 9,900 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.
Restricted stock compensation: ¥24,282,000; performance-linked stock compensation: ¥12,652,200; total: ¥36,934,200
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 and performance-linked stock compensation |
| Number of shares to be issued or disposed of | Restricted Stock Compensation 19,000 shares / Performance-linked share compensation 9,900 shares |
| Issue price and disposal price | ¥1,278 per share |
| Total issue value | Restricted stock compensation: ¥24,282,000; performance-linked stock compensation: ¥12,652,200; total: ¥36,934,200 |
| Payment date | 21 July 2026 |
| Intended allottee | Category 8 directors and executive officers holding titles (excluding outside directors) / Number of Shares 19,000 shares / Compensation category Restricted Stock Compensation, Category 7 directors and executive officers holding titles (excluding outside directors, individuals who resigned during the eligible period and individuals newly appointed during that period) / Number of Shares 9,900 shares / Compensation category Performance-linked share compensation |
| Intended allottee's holding policy | The restricted shares may not be transferred or otherwise disposed of from the payment date until the date on which the holder ceases to hold any position as a director, executive officer holding a title or employee. |
| 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 was ¥1,278. No discount or premium rate was stated. |
| Transfer restriction period | From the payment date until the date on which the holder ceases to hold any position as a director, executive officer holding a title or employee |
| Conditions for lifting transfer restrictions | If the holder ceases to hold any position as a director, executive officer holding a title or employee due to the expiry of the holder's term of office or for another reason deemed reasonable by the Company's Board of Directors, or ceases to hold such a position due to death, all transfer restrictions on the allocated shares held by the holder will be lifted. For performance-linked stock compensation, the number of shares to be delivered will be determined according to the level of achievement of performance targets and other criteria, provided that requirements including continued service during the eligible period and the absence of misconduct are met. |
| Reason for acquisition without consideration | If, during the transfer restriction period, the holder becomes subject to a violation of laws or regulations or another event specified by the Company's Board of Directors, the Company may acquire all or part of the allocated shares without consideration. |
| Categories and Number of Persons Covered | 8 directors and executive officers holding titles, 19,000 shares (restricted stock compensation); 7 directors and executive officers holding titles, 9,900 shares (performance-linked stock compensation) |
| Total Stock-Based Compensation | Restricted stock compensation: ¥24,282,000; performance-linked stock compensation: ¥12,652,200 |
| Impact on Business Performance | No impact on business performance stated |
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 strengthen initiatives aimed at increasing corporate value over the medium to long term and further promote value sharing with shareholders.