Details of issuance or disposal
Disposal of treasury shares as restricted stock
8,690 common shares of the Company (treasury shares)
The lower thin line represents the existing number of shares to which these shares will be added.
¥25,722,400
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 |
| Number of shares to be issued or disposed of | 8,690 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,960 per share |
| Total issue value | ¥25,722,400 |
| Amount of funds to be raised | Total payment amount: ¥25,722,400 (estimated net proceeds: Not disclosed) |
| Payment date | 25 September 2026 |
| Intended allottee | 114 employees of the Company (8,690 shares) |
| Intended allottee's holding policy | During the restriction period, the shares may not be transferred, pledged, or otherwise disposed of. The restriction period will run from 25 September 2026 until the date on which the holder ceases to be an employee of the Company, or, in certain cases, until the date of submission of the interim report for fiscal 2026. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange on 26 August 2026, ¥2,960. No discount or premium rate was stated. |
| Transfer restriction period | From 25 September 2026 (the payment date) until the date on which the holder ceases to be an employee of the Company. However, if that date falls before the date of submission of the interim report for fiscal 2026, the restriction will remain in place until the submission date. |
| Conditions for lifting transfer restrictions | Provided that the holder remains an employee of the Company continuously from 25 September 2026 through 31 March 2027, all of the shares allocated under this arrangement will be released from the transfer restrictions when the restriction period expires. If the holder ceases to be an employee due to expiration of the employment period, death, or another reason deemed legitimate by the Board of Directors, all of the shares will be released. In the event of voluntary resignation for reasons other than those specified, the transfer restrictions will be released for the proportion calculated under the Company's criteria, taking into account factors including the length of service. |
| Reason for acquisition without consideration | Upon expiry of the transfer restriction period, the company will automatically acquire without consideration any allocated shares whose transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 114 employees of the Company, 8,690 shares |
| Total Stock-Based Compensation | Total monetary claims: ¥25,722,400 |
| Impact on Business Performance | No specific impact on financial results from this disposal of treasury shares was stated. |
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.The purpose is to promote the sustainable enhancement of corporate value, increase employee motivation, further align employees' interests with those of shareholders, and encourage medium- to long-term and continuous employment.