Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
2,160 treasury shares
The lower thin line represents the existing number of shares to which these shares will be added.
¥4,968,000
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 | 2,160 treasury shares |
| Issue price and disposal price | ¥2,300 per share |
| Total issue value | ¥4,968,000 |
| Amount of funds to be raised | Total monetary claims of ¥4,968,000 (no estimated net proceeds stated) |
| Payment date | 18 August 2026 |
| Intended allottee | Name 3 executive employees of the Company / Number of Shares 2,160 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred to any third party, pledged as collateral or otherwise disposed of. The transfer restriction period runs from 18 August 2026 to 17 August 2056. |
| Basis for determining the amount to be paid | The closing price of the Company's common shares on the Tokyo Stock Exchange Standard Market on 23 June 2026 was ¥2,300. The Company explained that the price does not constitute a particularly favorable price. |
| Transfer restriction period | 30 years (18 August 2026 to 17 August 2056) |
| Conditions for lifting transfer restrictions | The transfer restrictions will be fully lifted upon expiration of the transfer restriction period, provided that the eligible employee has continuously held the position of executive officer of the Company without concurrently serving as a director throughout the transfer restriction period. If the employee leaves office due to expiration of the term of office or another legitimate reason, some or all of the restrictions will be lifted in accordance with the prescribed calculation method. |
| Reason for acquisition without consideration | If, during the transfer restriction period, the holder commits a violation of laws or regulations or otherwise falls under any of the specified circumstances set out in the allocation agreement, the Company will acquire all of the shares without consideration. Any shares that remain subject to transfer restrictions after the restrictions are lifted will also be acquired without consideration. |
| Categories and Number of Persons Covered | 3 executive employees of the Company, 2,160 shares |
| Total Stock-Based Compensation | Total monetary claims of ¥4,968,000 |
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 foster a sense of belonging among executive employees and encourage their participation in management, thereby raising awareness of improving business performance and increasing the share price and enhancing corporate value over the medium to long term.