Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
49,096 treasury 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.
¥26,020,880
The total number of issued shares will not increase because this is a disposal of treasury shares.
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 | 49,096 treasury shares |
| Issue price and disposal price | ¥530 per share |
| Total issue value | ¥26,020,880 |
| Payment date | 22 July 2026 |
| Intended allottee | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of Shares 38,677 shares, Category The Company's executive officers / Number of Employees 4 / Number of Shares 8,016 shares, Category Employees of the Company / Number of Employees 3 / Number of Shares 2,403 shares |
| Intended allottee's holding policy | Until the transfer restrictions are lifted, the shares may not be transferred to third parties, pledged, made subject to a security interest by way of transfer, gifted during the holder’s lifetime, bequeathed or otherwise disposed of in any manner. The shares will be held and maintained in a designated account until the transfer restrictions are lifted. |
| Total number of issued shares | The total number of issued shares will not increase because this is a disposal of treasury shares. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 22 June 2026, which was ¥530. The discount and premium rates are both 0%. |
| Transfer restriction period | From 22 July 2026 until the date on which the relevant allottee retires or resigns from all positions as a director, audit & supervisory board member or other person associated with the Company or its subsidiaries. |
| Conditions for lifting transfer restrictions | The relevant allottee must continuously hold a designated position at the Company or one of its subsidiaries from 22 July 2026 until the Company's next annual general meeting of shareholders. In the event of retirement or resignation for a legitimate reason, the restrictions will be lifted for the number of shares corresponding to the period in office. |
| Reason for acquisition without consideration | If the relevant allottee retires or resigns without a legitimate reason before the day preceding the Company's next annual general meeting of shareholders, if any shares remain subject to transfer restrictions when the restriction period expires, or if any shares remain subject to transfer restrictions before the effective date of a corporate reorganization or similar transaction. |
| Categories and Number of Persons Covered | Category Directors (excluding outside directors) / Number of Employees 3 / Number of allocated shares 38,677 shares, Category Executive officers / Number of Employees 4 / Number of allocated shares 8,016 shares, Category Employees / Number of Employees 3 / Number of allocated shares 2,403 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥26,020,880. Total annual compensation, etc. for the eligible directors is capped at ¥35 million. |
| Procedures under the Corporate Code of Conduct | At the 80th Annual General Meeting of Shareholders held on 23 June 2026, approval was obtained for the introduction of the restricted stock compensation plan, an annual limit of ¥35 million on compensation receivables, and an annual limit of 100,000 shares, among other matters. |
Items this document does not state (13)
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 enable directors and other officers to share with shareholders the benefits and risks of share price movements, and to increase their motivation to contribute to higher share prices and enhanced corporate value.