Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
16,500 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.
¥16,302,000
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 | 16,500 shares of the Company’s common stock (treasury shares) |
| Issue price and disposal price | ¥988 per share |
| Total issue value | ¥16,302,000 |
| Amount of funds to be raised | Total payment amount: ¥16,302,000; estimated net proceeds: Not disclosed |
| Payment date | 11 September 2026 |
| Intended allottee | 161 employees and others of Group companies who meet certain conditions (excluding the Company’s directors, Audit & Supervisory Board Members, executive officers and counselors), 16,500 shares |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged, used to create a security interest, gifted during the holder’s lifetime, bequeathed or otherwise disposed of. The shares will be held and maintained in a designated account until the restrictions are lifted. |
| Basis for determining the amount to be paid | The closing price of the Company’s common stock on the Tokyo Stock Exchange on 7 August 2026 was ¥988. No discount or premium rate is stated. |
| Transfer restriction period | 11 September 2026 to 1 December 2027 |
| Conditions for lifting transfer restrictions | The recipient must continuously hold a position as a director, Audit & Supervisory Board Member, executive officer or employee of a Group company throughout the restricted period. If the recipient resigns or retires for a legitimate reason, such as reaching retirement age, the restrictions will be lifted immediately thereafter. In the event of a reorganization or similar transaction, the restrictions will be lifted at the time immediately preceding the business day before the effective date, subject to the prescribed resolution. |
| Reason for acquisition without consideration | If the recipient resigns or retires from all positions as a director, Audit & Supervisory Board Member, executive officer and employee of the Group without a reason deemed legitimate, such as reaching retirement age, or if the restrictions have not been lifted when the restricted period expires. |
| Categories and Number of Persons Covered | 161 employees and others of Group companies who meet certain conditions, 16,500 shares (excluding the Company’s directors, Audit & Supervisory Board Members, executive officers and counselors) |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥16,302,000 |
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 express appreciation for employees’ contributions, foster loyalty to the Company among new employees and others and encourage continued employment, and motivate employees and others to enhance corporate value from the same perspective as shareholders.