Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
15,221 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.
¥88,890,640
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 | 15,221 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥5,840 per share |
| Total issue value | ¥88,890,640 |
| Amount of funds to be raised | Total payment amount: ¥88,890,640; estimated net proceeds: Not disclosed |
| Payment date | 6 August 2026 |
| Intended allottee | Name 4 directors of the Company (excluding outside directors) / Number of Shares 6,727 shares, Name 11 of the Company's executive officers / Number of Shares 8,494 shares |
| Intended allottee's holding policy | During the restricted period, the shares may not be transferred, pledged, donated inter vivos or otherwise disposed of. The holding policy after the restrictions are lifted is Not disclosed |
| 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 14 July 2026, ¥5,840. No discount or premium rate was indicated |
| Transfer restriction period | From 6 August 2026 until the later of the date on which the recipient ceases to serve or leaves any position as a director, audit & supervisory board member or executive officer of the Company, or the date on which the annual securities report or other applicable document for the fiscal year containing the payment date is filed |
| Conditions for lifting transfer restrictions | If the recipient remains a director or executive officer through the conclusion of the first annual general meeting of shareholders held after the payment date and ceases to serve or leaves the position for a legitimate reason, the restrictions on all shares held will be lifted when the restricted period expires. If the recipient ceases to serve or leaves the position for a legitimate reason during the period, the restrictions will be lifted in proportion to the number of months in office. In the event of a corporate reorganization or similar transaction, the restrictions will be lifted on the prescribed percentage of shares |
| Reason for acquisition without consideration | If the recipient ceases to serve or leaves the position without a legitimate reason before the conclusion of the first annual general meeting of shareholders held after the payment date, or if any shares remain subject to restrictions when the restrictions are lifted |
| Categories and Number of Persons Covered | Category The Company’s directors (excluding outside directors) / Number of Employees 4 / Number of allocated shares 6,727 shares, Category Executive officers of the Company / Number of Employees 11 / Number of allocated shares 8,494 shares |
| Total Stock-Based Compensation | Total monetary compensation claims: ¥88,890,640 |
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 the eligible directors and other recipients with an incentive to achieve sustained growth in the Company's corporate value, taking into consideration the purpose of the plan, the Company's performance and other relevant circumstances.