Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
36,189 common shares of the Company (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.
¥94,236,156
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 | 36,189 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥2,604 per share |
| Total issue value | ¥94,236,156 |
| Amount of funds to be raised | Total payment amount: ¥94,236,156; estimated net proceeds: Not disclosed (in-kind contribution of monetary compensation receivables from eligible officers) |
| Payment date | 24 July 2026 |
| Intended allottee | Name 3 directors of the Company (excluding outside directors) / Number of Shares 12,533 shares, Name 18 executive officers of the Company (excluding non-residents) / Number of Shares 23,656 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged or otherwise disposed of, and will be managed in a dedicated account. The transfer restriction period is from 24 July 2026 to 23 July 2056. |
| Basis for determining the amount to be paid | The closing price of the Company's common stock on the Tokyo Stock Exchange Prime Market on 25 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥2,604. No discount or premium was applied. |
| Transfer restriction period | 30 years (from 24 July 2026 through 23 July 2056) |
| Conditions for lifting transfer restrictions | Provided that the eligible officer continuously holds a position as a director of the Company, or as an executive officer who does not concurrently serve as a director or another equivalent position, all transfer restrictions will be lifted upon expiration of the transfer restriction period. If the officer leaves office upon expiration of the term of office, reaching retirement age or for another legitimate reason, the transfer restrictions on the number of shares corresponding to the period of service will be lifted immediately after departure. |
| Reason for acquisition without consideration | The Company will acquire without consideration any of the shares allotted under this arrangement that remain subject to transfer restrictions upon expiration of the transfer restriction period or at the time the transfer restrictions are lifted. In the event of a reorganization or similar transaction, the Company will also acquire without consideration any shares that remain subject to transfer restrictions after the restrictions are lifted. |
| Categories and Number of Persons Covered | Category Directors of the Company (excluding outside directors) / Number of Employees 3 / Number of allocated shares 12,533 shares, Category Executive Officers of the Company (excluding non-residents) / Number of Employees 18 / Number of allocated shares 23,656 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables: ¥94,236,156 |
| Stock Split Ratio | A 1-for-3 share split, effective 1 October 2024 |
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 for sustained improvement in corporate value and promote value sharing with shareholders. The Company also considered its business conditions, the scope of responsibilities of each eligible officer and other relevant circumstances.