Worth reading
35Immaterial
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
9982
SharesWording
Definitive
How definitive the wording is.Details of issuance or disposal
Disposal of treasury shares as performance-based, post-delivery restricted stock compensation
Who receives how much9,982Shares
9,982 treasury shares
2 of the Company's directors (excluding directors who are Audit & Supervisory Committee members and outside directors)9,982 shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥613 per share
Total issue value
¥6,118,966
Total Stock-Based Compensation
Monetary receivables of up to ¥100 million per year
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 16 October 2026 until immediately after the individual retires or resigns from any position as a director, executive officer, executive officer who does not concurrently serve as a director, employee, adviser, consultant or equivalent position at the Company or one of its subsidiaries, excluding part-time positions
Conditions for lifting transfer restrictions
If the individual retires or resigns upon expiration of the term, death or for another legitimate reason, all restrictions will be lifted upon expiration of the restriction period. In the event of a corporate reorganization or similar event, all restrictions will be lifted immediately before the effective date of the reorganization or similar event, pursuant to a resolution of the Board of Directors.
Reason for acquisition without consideration
If the individual retires or resigns from a designated position without a legitimate reason before the restriction period expires, or commits an act violating laws or regulations or otherwise meets a condition specified in the allotment agreement during the restriction period, the Company will acquire all of the shares for no consideration.
Categories and Number of Persons Covered
2 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 9,982 shares allotted
Intended allottee's holding policy
Transfers, creation of security interests and other dispositions are prohibited during the restriction period. The restriction period runs from 16 October 2026 until immediately after the eligible director retires or resigns from a designated position at the Company or one of its subsidiaries.
Payment date
16 October 2026
Basis for determining the amount to be paid
The closing price of the Company’s common shares on the Tokyo Stock Exchange Standard Market on 17 September 2026 was ¥613. No discount or premium was stated.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as performance-based, post-delivery restricted stock compensation |
| Number of shares to be issued or disposed of | 9,982 treasury shares |
| Issue price and disposal price | ¥613 per share |
| Total issue value | ¥6,118,966 |
| Payment date | 16 October 2026 |
| Intended allottee | Name 2 of the Company's directors (excluding directors who are Audit & Supervisory Committee members and outside directors) / Number of Shares 9,982 shares |
| Intended allottee's holding policy | Transfers, creation of security interests and other dispositions are prohibited during the restriction period. The restriction period runs from 16 October 2026 until immediately after the eligible director retires or resigns from a 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 shares on the Tokyo Stock Exchange Standard Market on 17 September 2026 was ¥613. No discount or premium was stated. |
| Transfer restriction period | From 16 October 2026 until immediately after the individual retires or resigns from any position as a director, executive officer, executive officer who does not concurrently serve as a director, employee, adviser, consultant or equivalent position at the Company or one of its subsidiaries, excluding part-time positions |
| Conditions for lifting transfer restrictions | If the individual retires or resigns upon expiration of the term, death or for another legitimate reason, all restrictions will be lifted upon expiration of the restriction period. In the event of a corporate reorganization or similar event, all restrictions will be lifted immediately before the effective date of the reorganization or similar event, pursuant to a resolution of the Board of Directors. |
| Reason for acquisition without consideration | If the individual retires or resigns from a designated position without a legitimate reason before the restriction period expires, or commits an act violating laws or regulations or otherwise meets a condition specified in the allotment agreement during the restriction period, the Company will acquire all of the shares for no consideration. |
| Categories and Number of Persons Covered | 2 directors of the Company, excluding directors who are Audit and Supervisory Committee members and outside directors; 9,982 shares allotted |
| Total Stock-Based Compensation | Monetary receivables of up to ¥100 million per year |
Items this document does not state (15)
Amount of funds to be raisedEstimated 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 clarify the linkage between directors’ compensation and the Company’s performance and share value, provide incentives for sustained increases in corporate value through improved medium- to long-term performance, and promote value sharing with shareholders.
How to read this page
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