Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
37,684 shares of the Company's common stock (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.
JPY 93,720,108
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 | 37,684 shares of the Company's common stock (treasury shares) |
| Issue price and disposal price | JPY 2,487 per share |
| Total issue value | JPY 93,720,108 |
| Payment date | 6 August 2026 |
| Intended allottee | Category Directors / Number of Employees 6 / Number of Shares 14,076 shares, Category Executive officers / Number of Employees 14 / Number of Shares 7,845 shares, Category Employees / Number of Employees 37 / Number of Shares 7,954 shares, Category Directors of the Company's major domestic subsidiaries / Number of Employees 7 / Number of Shares 4,627 shares, Category Executive officers of the Company's major domestic subsidiaries / Number of Employees 11 / Number of Shares 3,182 shares |
| Intended allottee's holding policy | During the restricted period, the shares may not be transferred, pledged, or otherwise disposed of. The transfer restrictions will remain in place until the recipient retires or resigns from the prescribed position. |
| 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 8 July 2026 was ¥2,487. This was the closing price on the business day preceding the date of the Board of Directors' resolution, with no discount or premium. |
| Transfer restriction period | From 6 August 2026 until the date on which the recipient retires or resigns from the prescribed position corresponding to the position held when the agreement was entered into |
| Conditions for lifting transfer restrictions | The recipient must continuously remain in the prescribed position throughout the service provision period. If the recipient retires or resigns for a valid reason, such as reaching the mandatory retirement age, the restrictions will be lifted for the number of shares corresponding to the period of service. In the event of death, the restrictions will be lifted for all shares held. |
| Reason for acquisition without consideration | At the end of the transfer restriction period, the Company will automatically acquire without consideration any shares for which the transfer restrictions have not been lifted. |
| Categories and Number of Persons Covered | 6 directors, 14,076 shares; 14 executive officers, 7,845 shares; 37 employees, 7,954 shares; 7 directors of the Company's major domestic subsidiaries, 4,627 shares; and 11 executive officers of the Company's major domestic subsidiaries, 3,182 shares. Outside directors are excluded. |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥93,720,108. The annual compensation limit for directors is ¥50 million, and the annual limit on the total number of shares is 70,000. |
| Impact on Business Performance | The impact of this disposal of treasury shares on financial results is Not disclosed. |
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 an incentive to sustainably enhance corporate value and promote the sharing of value with shareholders.