Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
27,852 common shares (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥67,958,880
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 | 27,852 common shares (treasury shares) |
| Issue price and disposal price | ¥2,440 per share |
| Total issue value | ¥67,958,880 |
| Amount of funds to be raised | Total payment amount: ¥67,958,880; estimated net proceeds: Not disclosed |
| Payment date | 29 May 2026 |
| Intended allottee | Name 110 employees of the Company holding certain positions / Number of Shares 27,852 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged, or otherwise disposed of in any manner. The transfer restriction period runs from 29 May 2026 to 7 May 2031. |
| 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 Prime Market of the Tokyo Stock Exchange on 20 April 2026, which was ¥2,440. No discount or premium rate was stated. |
| Transfer restriction period | 29 May 2026 to 7 May 2031 |
| Conditions for lifting transfer restrictions | Provided that the eligible employee continuously holds one of the following positions at the Company or one of its subsidiaries during the transfer restriction period: director, Executive Officer who does not concurrently serve as a director, Audit & Supervisory Board Member, advisor, consultant, employee, or any other equivalent position, the transfer restrictions on all of the allocated shares will be lifted when the transfer restriction period expires. If the employee retires or resigns upon the expiration of the term of office, reaching the mandatory retirement age, or for another legitimate reason, the transfer restrictions will be lifted immediately after retirement or resignation with respect to the number of shares calculated in accordance with a specified formula. |
| Reason for acquisition without consideration | If an eligible employee commits an act in violation of laws or regulations during the transfer restriction period or falls under any other specified event set forth in the allocation agreement, the Company will acquire all of the allocated shares held by that employee without consideration. The Company will also acquire without consideration any shares whose transfer restrictions have not been lifted when the transfer restriction period expires or when the restrictions are lifted. |
| Categories and Number of Persons Covered | 110 employees of the Company holding certain positions, 27,852 shares |
| Total Stock-Based Compensation | Total monetary remuneration claims: ¥67,958,880 |
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 provide employees with an incentive to achieve sustained growth in the Company's corporate value, promote value sharing with shareholders, and further enhance the motivation of the eligible employees.