Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
6,143 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.
Total payment amount: ¥51,988,209 (approximate 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 | 6,143 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥8,463 per share |
| Amount of funds to be raised | Total payment amount: ¥51,988,209 (approximate net proceeds: Not disclosed) |
| Payment date | 24 July 2026 |
| Intended allottee | 4 directors, excluding outside directors: 6,143 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. During this period, they will be managed in a dedicated account at Nomura Securities Co., Ltd. |
| 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 Prime Market of the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥8,463. Discount rate/premium rate: Not disclosed |
| Transfer restriction period | From 24 July 2026, the payment date, until immediately after the eligible director ceases to hold the position of director of the Company |
| Conditions for lifting transfer restrictions | The transfer restrictions on all of the shares allotted under this plan will be lifted upon expiration of the transfer restriction period, provided that the eligible director continuously holds the position of director of the Company from the date of commencement of duties until immediately before the conclusion of the first annual general meeting of shareholders to be held thereafter. If the director ceases to hold office for a legitimate reason, the restrictions will be lifted immediately after the director ceases to hold office with respect to the number of shares calculated in accordance with the prescribed method. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period or immediately after the transfer restrictions are lifted, the Company will automatically acquire without consideration any shares allotted under this plan for which the transfer restrictions have not been lifted. In the event of a corporate reorganization or similar event, the Company will also acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 4 directors, excluding outside directors: 6,143 shares |
| Total Stock-Based Compensation | Total monetary receivables: ¥51,988,209 (annual limit for restricted stock compensation: no more than ¥90 million) |
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 provide the eligible directors with an incentive to achieve sustained growth in corporate value and promote the sharing of value with shareholders. The Company also took into consideration the purpose of the plan, its business performance, the scope of responsibilities of each eligible director, and other relevant circumstances.