Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
54,159 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.
¥99,598,401
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 | 54,159 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,839 per share |
| Total issue value | ¥99,598,401 |
| Amount of funds to be raised | As monetary compensation receivables of ¥99,598,401 will be contributed in kind, the approximate net proceeds are Not disclosed |
| Payment date | 23 April 2026 |
| Intended allottee | Name 9 directors of the Company (excluding directors concurrently serving as executive officers) / Number of Shares 22,762 shares, Name 6 executive officers of the Company (including executive officers concurrently serving as directors) / Number of Shares 15,231 shares, Name 6 executive directors of the Company / Number of Shares 4,374 shares, Name 23 directors of the Company’s subsidiaries / Number of Shares 11,792 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral or otherwise disposed of. |
| 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 25 March 2026, ¥1,839. No discount or premium. |
| Transfer restriction period | From 23 April 2026 until the date on which the recipient ceases to hold any position as a director, executive officer or executive director of the Company, or as a director of a Company subsidiary. |
| Conditions for lifting transfer restrictions | The recipient must continuously hold an eligible position throughout the period of service. If the recipient ceases to hold the position due to death, expiration of the term of office or another reason deemed valid by the Compensation Committee or the Executive Officer Meeting, the restrictions will be partially lifted based on the period in office. No performance conditions are specified. |
| Reason for acquisition without consideration | At the expiration of the restricted period or another time specified in the agreement, the Company will automatically acquire without consideration any shares for which the restrictions have not been lifted. |
| Categories and Number of Persons Covered | Category The Company's directors / Number of Employees 9 / Number of allocated shares 22,762 shares, Category Executive officers of the Company / Number of Employees 6 / Number of allocated shares 15,231 shares, Category Executive directors of the Company / Number of Employees 6 / Number of allocated shares 4,374 shares, Category Directors of the Company's subsidiaries / Number of Employees 23 / Number of allocated shares 11,792 shares |
| Total Stock-Based Compensation | Total monetary compensation receivables of ¥99,598,401 |
| Impact on Business Performance | The impact of this disposal of treasury shares on financial results is Not disclosed. |
Items this document does not state (12)
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 incentives for the sustained enhancement of the corporate value of the Company Group and promote the sharing of value with shareholders. The number of shares and the amount of monetary compensation receivables were determined after considering the recipients’ responsibilities and the performance of the Company or its subsidiaries.