Worth reading
42Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
10239
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
Who receives how much10,239Shares
10,239 common shares of the Company (treasury shares)
4 directors (excluding outside directors)7,141 shares
4 executive officers3,098 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.
¥1,971 per share
Total issue value
¥20,181,069
Amount of funds to be raised
Total payment amount: ¥20,181,069; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation claims: ¥20,181,069. The annual limit on monetary compensation claims granted to eligible directors is ¥20 million.
Conditions on transfer restrictions
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.
Transfer restriction period
From 21 August 2026 until the recipient leaves office
Conditions for lifting transfer restrictions
The transfer restrictions will be lifted upon expiration of the transfer restriction period, provided that the recipient's departure from office is for a reason deemed legitimate by the Company's Board of Directors. In the event of a reorganization or other similar event, the number of shares to be released will be reasonably determined by resolution of the Board of Directors and the restrictions will be lifted before the effective date.
Reason for acquisition without consideration
The Company will acquire without consideration any shares whose transfer restrictions have not been lifted upon expiration of the transfer restriction period, shares corresponding to a recipient's departure during the period of service, and all or part of the shares if the recipient engages in misconduct or meets any other specified condition under the relevant allotment agreement. The Company will also acquire without consideration any shares whose transfer restrictions remain in place after the restrictions have been lifted in connection with a reorganization or other similar event.
Categories and Number of Persons Covered
4 directors (excluding outside directors): 7,141 shares; 4 executive officers: 3,098 shares
Intended allottee's holding policy
The transfer restriction period runs from 21 August 2026 until the recipient leaves office. During this period, the shares may not be transferred, pledged, or otherwise disposed of.
Payment date
21 August 2026
Basis for determining the amount to be paid
The closing price of ¥1,971 on the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium rate is stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 10,239 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,971 per share |
| Total issue value | ¥20,181,069 |
| Amount of funds to be raised | Total payment amount: ¥20,181,069; estimated net proceeds: Not disclosed |
| Payment date | 21 August 2026 |
| Intended allottee | Name 4 directors (excluding outside directors) / Number of Shares 7,141 shares, Name 4 executive officers / Number of Shares 3,098 shares |
| Intended allottee's holding policy | The transfer restriction period runs from 21 August 2026 until the recipient leaves office. During this period, the shares may not be transferred, pledged, or otherwise disposed of. |
| Basis for determining the amount to be paid | The closing price of ¥1,971 on the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium rate is stated. |
| Transfer restriction period | From 21 August 2026 until the recipient leaves office |
| Conditions for lifting transfer restrictions | The transfer restrictions will be lifted upon expiration of the transfer restriction period, provided that the recipient's departure from office is for a reason deemed legitimate by the Company's Board of Directors. In the event of a reorganization or other similar event, the number of shares to be released will be reasonably determined by resolution of the Board of Directors and the restrictions will be lifted before the effective date. |
| Reason for acquisition without consideration | The Company will acquire without consideration any shares whose transfer restrictions have not been lifted upon expiration of the transfer restriction period, shares corresponding to a recipient's departure during the period of service, and all or part of the shares if the recipient engages in misconduct or meets any other specified condition under the relevant allotment agreement. The Company will also acquire without consideration any shares whose transfer restrictions remain in place after the restrictions have been lifted in connection with a reorganization or other similar event. |
| Categories and Number of Persons Covered | 4 directors (excluding outside directors): 7,141 shares; 4 executive officers: 3,098 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥20,181,069. The annual limit on monetary compensation claims granted to eligible directors is ¥20 million. |
Items this document does not state (14)
Estimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance
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 to continuously enhance corporate value and promote the sharing of value between directors and shareholders. The decision also took into account the purpose of the plan, the Company’s performance, the scope of responsibilities of each eligible director and other eligible person, and other relevant circumstances.
How to read this page
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