Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
2,789 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.
¥42,392,800
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 | 2,789 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | ¥15,200 per share |
| Total issue value | ¥42,392,800 |
| Amount of funds to be raised | As the shares will be paid for through an in-kind contribution of monetary compensation receivables, the total payment amount is ¥42,392,800 and the estimated net proceeds are Not disclosed |
| Payment date | 31 July 2026 |
| Intended allottee | Name 5 directors of the Company / Number of Shares 2,789 shares |
| Intended allottee's holding policy | Transfers, the creation of security interests and other dispositions will be prohibited from 31 July 2026 until the date on which the holder ceases to be a director of the Company. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange on 2 July 2026 was ¥15,200. No discount or premium rate is stated. |
| Transfer restriction period | From 31 July 2026 (the payment date) until the date on which the holder ceases to be a director of the Company |
| Conditions for lifting transfer restrictions | Provided that the holder remains a director of the Company continuously from 31 July 2026 through 1 July 2027, all of the shares subject to this allocation will be released from the transfer restrictions when the restriction period expires. If the holder ceases to hold the position due to death, medical treatment, nursing or raising family members, expiration of the term of office, or any other reason deemed legitimate by the Board of Directors, the restrictions will be released on a number of shares corresponding to the number of months in office. |
| Reason for acquisition without consideration | At the expiration of the transfer restriction period or any other prescribed date specified in the agreement, the Company will automatically acquire without consideration any shares allotted under this plan for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 5 directors of the Company, 2,789 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥42,392,800 |
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 an incentive to continuously enhance the corporate value of the Company Group and further promote the sharing of value with shareholders.